NOL Stock Overview
A drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Northern Ocean Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 8.50 |
| 52 Week High | NOK 13.54 |
| 52 Week Low | NOK 6.14 |
| Beta | 1.78 |
| 11 Month Change | 17.57% |
| 3 Month Change | 16.28% |
| 1 Year Change | -35.80% |
| 33 Year Change | -1.16% |
| 5 Year Change | n/a |
| Change since IPO | -82.83% |
Recent News & Updates
Recent updates
Take Care Before Jumping Onto Northern Ocean Ltd. (OB:NOL) Even Though It's 28% Cheaper
Feb 03
Not Many Are Piling Into Northern Ocean Ltd. (OB:NOL) Stock Yet As It Plummets 26%
Dec 13Health Check: How Prudently Does Northern Ocean (OB:NOL) Use Debt?
Sep 01Loss-Making Northern Ocean Ltd. (OB:NOL) Set To Breakeven
May 11Health Check: How Prudently Does Northern Ocean (OB:NOL) Use Debt?
Mar 01Analysts Expect Northern Ocean Ltd. (OB:NOL) To Breakeven Soon
Jan 29How Much Did Northern Ocean's(OB:NOL) Shareholders Earn From Share Price Movements Over The Last Year?
Dec 07Shareholder Returns
| NOL | NO Energy Services | NO Market | |
|---|---|---|---|
| 7D | 13.3% | 1.9% | 3.1% |
| 1Y | -35.8% | 6.3% | 3.9% |
Return vs Industry: NOL underperformed the Norwegian Energy Services industry which returned 6.3% over the past year.
Return vs Market: NOL underperformed the Norwegian Market which returned 3.9% over the past year.
Price Volatility
| NOL volatility | |
|---|---|
| NOL Average Weekly Movement | 7.2% |
| Energy Services Industry Average Movement | 5.7% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: NOL has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: NOL's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 10 | n/a | www.northernocean.no |
Northern Ocean Ltd., a drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide. The company owns two semi-submersible rigs. It also invests in battery systems and power generation solutions.
Northern Ocean Ltd. Fundamentals Summary
| NOL fundamental statistics | |
|---|---|
| Market cap | NOK 2.58b |
| Earnings (TTM) | -NOK 574.43m |
| Revenue (TTM) | NOK 3.35b |
0.8x
P/S Ratio-4.5x
P/E RatioIs NOL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOL income statement (TTM) | |
|---|---|
| Revenue | US$303.21m |
| Cost of Revenue | US$249.80m |
| Gross Profit | US$53.41m |
| Other Expenses | US$105.43m |
| Earnings | -US$52.02m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 22, 2024
| Earnings per share (EPS) | -0.17 |
| Gross Margin | 17.61% |
| Net Profit Margin | -17.16% |
| Debt/Equity Ratio | 103.6% |
How did NOL perform over the long term?
See historical performance and comparison