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Shelf Drilling (North Sea) OB:SDNS Stock Report

Last Price

NOK 23.00

Market Cap

NOK 2.3b

7D

0%

1Y

-23.1%

Updated

15 Sep, 2024

Data

Company Financials +

Shelf Drilling (North Sea), Ltd.

OB:SDNS Stock Report

Market Cap: NOK 2.3b

SDNS Stock Overview

Operates as a shallow water offshore drilling contractor in Denmark, Qatar, the United Kingdom, and Norway.

SDNS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Shelf Drilling (North Sea), Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shelf Drilling (North Sea)
Historical stock prices
Current Share PriceNOK 23.00
52 Week HighNOK 35.50
52 Week LowNOK 20.80
Beta0
11 Month Change-8.00%
3 Month Change-19.58%
1 Year Change-23.08%
33 Year Changen/a
5 Year Changen/a
Change since IPO-17.56%

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
7D0%-0.5%1.3%
1Y-23.1%0.3%-1.4%

Return vs Industry: SDNS underperformed the Norwegian Energy Services industry which returned 0.3% over the past year.

Return vs Market: SDNS underperformed the Norwegian Market which returned -1.4% over the past year.

Price Volatility

Is SDNS's price volatile compared to industry and market?
SDNS volatility
SDNS Average Weekly Movement7.5%
Energy Services Industry Average Movement5.8%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.1%
10% least volatile stocks in NO Market2.8%

Stable Share Price: SDNS has not had significant price volatility in the past 3 months.

Volatility Over Time: SDNS's weekly volatility (7%) 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 2.30b
Earnings (TTM)-NOK 759.98m
Revenue (TTM)NOK 1.25b

1.8x

P/S Ratio

-3.0x

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