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Shelf Drilling (North Sea) OB:SDNS Stock Report

Last Price

NOK 21.00

Market Cap

NOK 2.9b

7D

-29.3%

1Y

-31.6%

Updated

14 Oct, 2024

Data

Company Financials +

Shelf Drilling (North Sea), Ltd.

OB:SDNS Stock Report

Market Cap: NOK 2.9b

My Notes

Capture your thoughts, links and company narrative

Shelf Drilling (North Sea), Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shelf Drilling (North Sea)
Historical stock prices
Current Share PriceNOK 21.00
52 Week HighNOK 35.50
52 Week LowNOK 20.80
Beta-0.19
1 Month Change-8.70%
3 Month Change-16.00%
1 Year Change-31.60%
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.73%

Recent News & Updates

Recent updates

This Shelf Drilling (North Sea), Ltd. (OB:SDNS) Analyst Is Way More Bearish Than They Used To Be

Aug 11
This Shelf Drilling (North Sea), Ltd. (OB:SDNS) Analyst Is Way More Bearish Than They Used To Be

Health Check: How Prudently Does Shelf Drilling (North Sea) (OB:SDNS) Use Debt?

Jul 25
Health Check: How Prudently Does Shelf Drilling (North Sea) (OB:SDNS) Use Debt?

Here's What's Concerning About Shelf Drilling (North Sea)'s (OB:SDNS) Returns On Capital

Apr 03
Here's What's Concerning About Shelf Drilling (North Sea)'s (OB:SDNS) Returns On Capital

Shelf Drilling (North Sea)'s (OB:SDNS) Returns Have Hit A Wall

Dec 15
Shelf Drilling (North Sea)'s (OB:SDNS) Returns Have Hit A Wall

A Look At The Intrinsic Value Of Shelf Drilling (North Sea), Ltd. (OB:SDNS)

Jul 08
A Look At The Intrinsic Value Of Shelf Drilling (North Sea), Ltd. (OB:SDNS)

Shareholder Returns

SDNSNO Energy ServicesNO Market
7D-29.3%1.1%0.6%
1Y-31.6%13.4%7.4%

Return vs Industry: SDNS underperformed the Norwegian Energy Services industry which returned 2.5% over the past year.

Return vs Market: SDNS underperformed the Norwegian Market which returned 0.8% over the past year.

Price Volatility

Is SDNS's price volatile compared to industry and market?
SDNS volatility
SDNS Average Weekly Movement11.6%
Energy Services Industry Average Movement5.1%
Market Average Movement4.9%
10% most volatile stocks in NO Market11.8%
10% least volatile stocks in NO Market2.7%

Stable Share Price: SDNS's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: SDNS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2014n/aDavid Mullenwww.shelfdrillingnorthsea.com

Shelf Drilling (North Sea), Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in Denmark, Qatar, the United Kingdom, and Norway. The company provides services and equipment for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. It owns and operates a fleet of independent-leg cantilever (ILC) jack-up rigs.

Shelf Drilling (North Sea), Ltd. Fundamentals Summary

How do Shelf Drilling (North Sea)'s earnings and revenue compare to its market cap?
SDNS fundamental statistics
Market capNOK 2.90b
Earnings (TTM)-NOK 769.47m
Revenue (TTM)NOK 1.26b

1.7x

P/S Ratio

-2.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SDNS income statement (TTM)
RevenueUS$116.90m
Cost of RevenueUS$123.00m
Gross Profit-US$6.10m
Other ExpensesUS$65.20m
Earnings-US$71.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 13, 2024

Earnings per share (EPS)-0.71
Gross Margin-5.22%
Net Profit Margin-60.99%
Debt/Equity Ratio241.1%

How did SDNS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/14 20:26
End of Day Share Price 2024/10/14 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shelf Drilling (North Sea), Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin KarlsenDNB Markets