OB:DOFGEnergy Services
A Look At DOF Group (OB:DOFG) Valuation After New US$150 Million Petrobras Contract
DOF Group (OB:DOFG) has secured a new 4-year RSV contract in Brazil with Petrobras for the Skandi Commander, a roughly US$150 million award that includes both AUV and ROV deployment.
See our latest analysis for DOF Group.
The Petrobras win lands at a time when momentum in DOF Group’s shares has been building, with a 1-month share price return of 8.45% and a year-to-date share price return of 5.62%. The 1-year total shareholder return of 18.63% suggests recent gains have been meaningful for...