OB:AWDR

Stock Analysis Report

Awilco Drilling

Executive Summary

Awilco Drilling PLC provides drilling services to oil and gas companies in the United Kingdom and Norway.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Share Price & News

How has Awilco Drilling's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

10.7%

AWDR

1.5%

NO Energy Services

1.3%

NO Market


1 Year Return

-64.6%

AWDR

-34.5%

NO Energy Services

-9.3%

NO Market

Return vs Industry: AWDR underperformed the Norwegian Energy Services industry which returned -34.5% over the past year.

Return vs Market: AWDR underperformed the Norwegian Market which returned -9.3% over the past year.


Shareholder returns

AWDRIndustryMarket
7 Day10.7%1.5%1.3%
30 Day-6.1%-9.2%-2.4%
90 Day-40.2%-5.1%1.9%
1 Year-64.6%-64.6%-33.3%-34.5%-4.4%-9.3%
3 Year-22.2%-44.6%1.8%-5.2%40.6%22.3%
5 Year-59.1%-83.9%-32.5%-52.9%58.5%22.1%

Price Volatility Vs. Market

How volatile is Awilco Drilling's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Awilco Drilling undervalued compared to its fair value and its price relative to the market?

0.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate AWDR's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate AWDR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AWDR is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.

PE vs Market: AWDR is unprofitable, so we can't compare its PE Ratio to the Norwegian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate AWDR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AWDR is good value based on its PB Ratio (0.3x) compared to the NO Energy Services industry average (0.6x).


Next Steps

Future Growth

How is Awilco Drilling forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AWDR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AWDR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AWDR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AWDR's revenue (55.5% per year) is forecast to grow faster than the Norwegian market (4.8% per year).

High Growth Revenue: AWDR's revenue (55.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: AWDR is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Awilco Drilling performed over the past 5 years?

-58.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: AWDR is unprofitable, and losses have increased over the past 5 years at a rate of -58.9% per year.

Accelerating Growth: Unable to compare AWDR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AWDR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (5%).


Return on Equity

High ROE: AWDR has a negative Return on Equity (-13.31%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: AWDR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: AWDR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Awilco Drilling's financial position?


Financial Position Analysis

Short Term Liabilities: AWDR's short term assets ($57.6M) exceeds its short term liabilities ($5.6M)

Long Term Liabilities: AWDR has no long term liabilities


Debt to Equity History and Analysis

Debt Level: AWDR is debt free.

Reducing Debt: AWDR has no debt compared to 5 years ago when its debt to equity ratio was 62.4%.

Debt Coverage: AWDR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AWDR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: AWDR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AWDR's debt is covered by short term assets.


Next Steps

Dividend

What is Awilco Drilling's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.6%markettop25%6.3%industryaverage4.5%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate AWDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AWDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if AWDR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AWDR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AWDR is not paying a notable dividend for the Norwegian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AWDR's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

What is the CEO of Awilco Drilling's salary, the management and board of directors tenure and is there insider trading?

8.7yrs

Average board tenure


CEO

Jens Berge 0

0.8yrs

Tenure

0

Mr. Jens Berge serves as Chief Executive Officer of Awilco Drilling PLC since 2019. He served as Chief Operating Officer at Prosafe SE since November 2017. Previously he worked at A.P. Møller Maersk/Maersk ...


Board Age and Tenure

8.7yrs

Average Tenure

54yo

Average Age

Experienced Board: AWDR's board of directors are considered experienced (8.7 years average tenure).


Insider Trading

Insider Buying: AWDR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$1,371,46111 Oct 19
Jens Berge
EntityIndividual
Role
Chief Executive Officer
Chief Executive Officer
Shares98,000
Max PriceUS$13.99
BuyUS$480,33602 Nov 18
QVT Financial LP
EntityCompany
Shares12,741
Max PriceUS$37.70

Ownership Breakdown


Management Team

  • Roddy Smith

    Chief Operating Officer

    • Tenure: 9.1yrs
    • Compensation: US$196.04k
  • Ian Wilson

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: US$106.03k
  • Gary Holman

    Operations Director

    • Tenure: 0yrs
  • Cathrine Haavind

    IR Manager

    • Tenure: 0yrs
  • Jens Berge

    Chief Executive Officer

    • Tenure: 0.8yrs

Board Members

  • Sigurd Thorvildsen (54yo)

    Chairman of the Board

    • Tenure: 0yrs
    • Compensation: US$49.38k
  • Synne Syrrist (47yo)

    Independent Non-Executive Director

    • Tenure: 8.5yrs
    • Compensation: US$33.13k
  • Henrik Fougner (56yo)

    Non Independent Non-Executive Director

    • Tenure: 9.8yrs
    • Compensation: US$39.13k
  • Dan Gold (51yo)

    Non Independent Non-Executive Director

    • Tenure: 8.9yrs
    • Compensation: US$36.13k
  • John Simpson (72yo)

    Independent Non-Executive Director

    • Tenure: 8.5yrs
    • Compensation: US$38.13k

Company Information

Awilco Drilling PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Awilco Drilling PLC
  • Ticker: AWDR
  • Exchange: OB
  • Founded: 2009
  • Industry: Oil and Gas Drilling
  • Sector: Energy
  • Market Cap: kr846.013m
  • Shares outstanding: 54.58m
  • Website: https://www.awilcodrilling.com

Number of Employees


Location

  • Awilco Drilling PLC
  • 2 Kingshill Park
  • Venture Drive
  • Westhill
  • Aberdeenshire
  • AB32 6FL
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AWDROB (Oslo Bors)YesOrdinary SharesNONOKJan 2010
AWLC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 2010
0AIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2010
AWDROBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBNOKJan 2010

Biography

Awilco Drilling PLC provides drilling services to oil and gas companies in the United Kingdom and Norway. It owns and operates two semi-submersible drilling rigs. The company was incorporated in 2009 and i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 21:09
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.