8SW Stock Overview Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. More details
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Archer Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Archer Historical stock prices Current Share Price NOK 1.96 52 Week High NOK 2.68 52 Week Low NOK 0.05 Beta 1.02 1 Month Change 29.93% 3 Month Change 23.55% 1 Year Change 67.69% 3 Year Change -77.64% 5 Year Change -74.64% Change since IPO -99.79%
Recent News & Updates
Archer Limited (OB:ARCH) completed the acquisition of Wellbore Fishing & Rental Tools, LLC. Nov 18
New minor risk - Shareholder dilution Nov 17
Third quarter 2024 earnings released: EPS: US$0.038 (vs US$0.038 loss in 3Q 2023) Nov 03 Archer Limited (OB:ARCH) entered into an agreement to acquire Wellbore Fishing & Rental Tools, LLC for $51 million. Oct 31
Second quarter 2024 earnings released: EPS: US$0.015 (vs US$0.27 loss in 2Q 2023) Aug 18
Archer Limited (OB:ARCH) agreed to acquire an additional 10% stake in Iceland Drilling Company Ltd from Kaldbakur ehf. for $2.5 million. Aug 16 See more updates
Archer Limited (OB:ARCH) completed the acquisition of Wellbore Fishing & Rental Tools, LLC. Nov 18
New minor risk - Shareholder dilution Nov 17
Third quarter 2024 earnings released: EPS: US$0.038 (vs US$0.038 loss in 3Q 2023) Nov 03 Archer Limited (OB:ARCH) entered into an agreement to acquire Wellbore Fishing & Rental Tools, LLC for $51 million. Oct 31
Second quarter 2024 earnings released: EPS: US$0.015 (vs US$0.27 loss in 2Q 2023) Aug 18
Archer Limited (OB:ARCH) agreed to acquire an additional 10% stake in Iceland Drilling Company Ltd from Kaldbakur ehf. for $2.5 million. Aug 16
Chief Executive Officer recently bought €24k worth of stock Jul 09
Archer Limited (OB:ARCH) entered into an agreement to acquire Moreld Ocean Wind from Remold Invest AS. Jul 02
First quarter 2024 earnings released: US$0.007 loss per share (vs US$1.41 loss in 1Q 2023) May 08
Archer Limited (OB:ARCH) agreed to acquire 65% stake in Vertikal Service As for NOK 25 million. Mar 16
Full year 2023 earnings released: US$0.022 loss per share (vs US$0.066 profit in FY 2022) Mar 03
New minor risk - Profitability Nov 06
Archer Limited Provides Earnings Guidance for 2023 Aug 17
Second quarter 2023 earnings released: US$0.011 loss per share (vs US$0.13 loss in 2Q 2022) Aug 17
First quarter 2023 earnings released: US$0.056 loss per share (vs US$0.093 profit in 1Q 2022) May 10
Archer Limited Announces Board Appointments May 10
Archer Limited Approves to Elect Arne Sigve Nylund as a Director May 09
Full year 2022 earnings released: EPS: US$0.066 (vs US$0.10 loss in FY 2021) Mar 01 Archer Limited to Report First Half, 2023 Results on Aug 18, 2023
Archer Limited (OB:ARCH) acquired Romar-Abrado for an enterprise value of $8 million. Jan 12 Archer Limited (OB:ARCH) completed the acquisition of 50% stake in Iceland Drilling Company Ltd for $8.3 million. Nov 19
Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.011 profit in 2Q 2021) Aug 13
Archer Limited Reiterates Earnings Guidance for the Fiscal Year 2022 Aug 13 Archer Limited (OB:ARCH) signed an agreement to acquire 50% stake in Iceland Drilling Company Ltd for $8.3 million. Aug 10
Archer Limited Announces the Resignation of Kjell-Erik Østdahl as Chairman and Member of the Board May 17
First quarter 2022 earnings released: EPS: US$0.093 (vs US$0.041 in 1Q 2021) May 07
Full year 2021 earnings released: US$0.10 loss per share (vs US$0.051 loss in FY 2020) Apr 03
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Feb 27 Archer Limited Reports Impairment for the Fourth Quarter Ended December 31, 2021
Archer Limited Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Year 2022 Feb 02
Third quarter 2021 earnings released: US$0.066 loss per share (vs US$0.083 loss in 3Q 2020) Nov 09
Third quarter 2021 earnings released: US$0.066 loss per share (vs US$0.083 loss in 3Q 2020) Nov 09
High number of new directors Oct 31
Forecast to breakeven in 2021 Sep 23
Second quarter 2021 earnings released: EPS US$0.011 (vs US$0.31 in 2Q 2020) Aug 14
Archer Limited (OB:ARCH) completed the acquisition of DeepWell AS. Jun 04
Archer Limited (OB:ARCH) signed an offer letter to acquire DeepWell AS. Apr 27
Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019) Mar 28
Full year 2020 earnings released: US$0.051 loss per share (vs US$0.32 loss in FY 2019) Feb 26
Revenue misses expectations Feb 26
New 90-day high: €0.48 Feb 11
New 90-day high: €0.30 Jan 05 Archer Limited to Report Q1, 2021 Results on Apr 30, 2021
Archer Secures A Five-Year Contract from Aker BP Nov 26
New 90-day high: €0.26 Nov 24
Third quarter 2020 earnings released: US$0.083 loss per share Nov 07
Archer Secures Four-Year Contract Extension for Platform Drilling and Maintenance Services with Apache Corporation in the North Sea Sep 24
New 90-day high - €0.25 Sep 02
Earnings released Aug 15 Shareholder Returns 8SW DE Energy Services DE Market 7D 1.4% -0.8% -0.3% 1Y 67.7% 8.6% 7.0%
See full shareholder returns
Return vs Market: 8SW exceeded the German Market which returned 7% over the past year.
Price Volatility Is 8SW's price volatile compared to industry and market? 8SW volatility 8SW Average Weekly Movement 13.6% Energy Services Industry Average Movement 5.1% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.6% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 8SW's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 8SW's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications.
Show more Archer Limited Fundamentals Summary How do Archer's earnings and revenue compare to its market cap? 8SW fundamental statistics Market cap €179.02m Earnings (TTM ) €1.15m Revenue (TTM ) €1.02b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 8SW income statement (TTM ) Revenue US$1.06b Cost of Revenue US$877.60m Gross Profit US$183.80m Other Expenses US$182.60m Earnings US$1.20m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 28, 2025
Earnings per share (EPS) 0.013 Gross Margin 17.32% Net Profit Margin 0.11% Debt/Equity Ratio 211.6%
How did 8SW perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/26 01:50 End of Day Share Price 2024/12/23 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Archer Limited is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Kjetil Garstad Arctic Securities ASA Håkon Johansen Beringer Finance AB Chr. Frederik Lunde Carnegie Investment Bank AB
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