Dolphin Drilling ASA, together with its subsidiaries, provides exploration and development services to the oil and gas industry in Europe, Asia, the Americas, and Africa.
The last earnings update was 103 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Dolphin Drilling. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Dolphin Drilling's earnings available for a low price, and how does
this compare to other companies in the same industry?
Dolphin Drilling is not considered high growth as it is expected to be loss making for the next 1-3 years.
Dolphin Drilling's revenue is expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Dolphin Drilling's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Dolphin Drilling's finances.
The net worth of a company is the difference between its assets and liabilities.
Dolphin Drilling's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Dolphin Drilling's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Dolphin Drilling's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ivar Brandvold serves as Chief Operating Officer of NOIL Energy ASA. Mr. Brandvold has been the Chief Executive Officer and President of Fred. Olsen Energy ASA since November 1, 2009. He has 24 years of experience. He has broad experience from several senior positions in Norsk Hydro, including exploration, drilling, technology development and production in both Norway and international assignments. Mr. Brandvold served as the Chief Operating Officer of DNO International ASA since April 17, 2007. Before joining Norsk Hydro in 1984, he worked in Kongsberg Engineering as. He served as Head of Drilling of Norsk Hydro ASA until 2007 and was responsible for its global drilling operations. He serves as the Chairman of Fred. Olsen Production ASA and has been its Director since November 21, 2011. He served as Deputy Chairman of Det Norske Oljeselskap ASA from 2007 to September 2009. He served as a Director of Det Norske Oljeselskap ASA from 2007 to September 2009. He serves as a Member of the Council of Stiftelsen Det Norske Veritas. Mr. Brandvold holds a Masters degree in Mechanical Engineering and Petroleum Technology from NTH in Trondheim, Norway.
Ivar's compensation has been consistent with company performance over the past year, both up more than 20%.
Insufficient data for Ivar to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Dolphin Drilling management team is over 5 years, this suggests they are a seasoned and experienced team.
President & CEO
Chief Financial Officer
Chief Executive Officer of Harland & Wolff Group Plc
Managing Director of Dolphin Drilling Pte Ltd.
Chief Operating Officer
Chief Technical Officer
Chief Information Officer
Vice President of Human Relations
Chief Business Development Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Dolphin Drilling board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
Dolphin Drilling ASA, together with its subsidiaries, provides exploration and development services to the oil and gas industry in Europe, Asia, the Americas, and Africa. It operates in two segments, Offshore Drilling, and Engineering and Fabrication. The Offshore Drilling segment offers services and leases drilling units to the offshore oil and gas industry. The Engineering and Fabrication segment provides engineering, fabrication, shipbuilding, and repair services for various offshore and onshore industries. It owns two deepwater units and three midwater semi-submersible drilling rigs. The company was formerly known as Fred. Olsen Energy ASA and changed its name to Dolphin Drilling ASA in December 2018. Dolphin Drilling ASA was founded in 1965 and is headquartered in Oslo, Norway.
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