OB:ODLEnergy Services
Odfjell Drilling (OB:ODL): Assessing Valuation After Rig Backlog Extension, Strong Earnings, and Dividend Announcement
Odfjell Drilling (OB:ODL) has grabbed attention following news it secured a Letter of Intent for the Deepsea Aberdeen rig, which extends its contract backlog to 2029. The announcement was made alongside strong quarterly earnings and a new dividend.
See our latest analysis for Odfjell Drilling.
The momentum from Odfjell Drilling’s strong earnings, dividend announcement, and fresh contract news has been hard to miss, with the share price notching a year-to-date gain of 40.5%. Even more...