OB:DOFGEnergy Services
DOF Group (OB:DOFG) Is Up 7.4% After Record Backlog, Dividend Payout And Fleet Upgrade
In February 2026, DOF Group ASA reported higher fourth-quarter and full-year 2025 results, confirmed a US$0.35 per share dividend, and moved to upgrade its fleet by agreeing to buy two powerful AHTS vessels while selling the smaller Skandi Laser for a net investment of about US$100 million.
These updates, together with a record backlog above US$5 billion and fresh subsea contracts, point to management focusing on higher-spec assets, longer-term work visibility, and reinforcing cash returns...