SHLF Stock Overview
Operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Shelf Drilling, Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 9.50 |
| 52 Week High | NOK 36.60 |
| 52 Week Low | NOK 7.91 |
| Beta | 2.26 |
| 1 Month Change | -6.86% |
| 3 Month Change | -46.08% |
| 1 Year Change | -67.24% |
| 3 Year Change | 28.55% |
| 5 Year Change | -46.63% |
| Change since IPO | -87.66% |
Recent News & Updates
Recent updates
Not Many Are Piling Into Shelf Drilling, Ltd. (OB:SHLF) Stock Yet As It Plummets 36%
Dec 20
Shelf Drilling's (OB:SHLF) Promising Earnings May Rest On Soft Foundations
Nov 21Shelf Drilling, Ltd.'s (OB:SHLF) 30% Dip In Price Shows Sentiment Is Matching Revenues
Nov 04Shelf Drilling, Ltd. (OB:SHLF) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Aug 30Shelf Drilling, Ltd. (OB:SHLF) Just Reported Second-Quarter Earnings And Analysts Are Lifting Their Estimates
Aug 18There's No Escaping Shelf Drilling, Ltd.'s (OB:SHLF) Muted Revenues Despite A 32% Share Price Rise
May 30Shelf Drilling's (OB:SHLF) Solid Profits Have Weak Fundamentals
May 22Shelf Drilling, Ltd. (OB:SHLF) Not Doing Enough For Some Investors As Its Shares Slump 25%
Apr 05Is Shelf Drilling (OB:SHLF) Using Too Much Debt?
Apr 03We Think That There Are Issues Underlying Shelf Drilling's (OB:SHLF) Earnings
Nov 17Shelf Drilling, Ltd. Just Recorded A 8.9% Revenue Beat: Here's What Analysts Think
Aug 13Shelf Drilling, Ltd. (OB:SHLF) Screens Well But There Might Be A Catch
Jul 04Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet
Oct 25Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital
Apr 12These 4 Measures Indicate That Shelf Drilling (OB:SHLF) Is Using Debt In A Risky Way
Dec 16Estimating The Fair Value Of Shelf Drilling, Ltd. (OB:SHLF)
Nov 08Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital
Aug 14Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet
Jun 08Shareholder Returns
| SHLF | NO Energy Services | NO Market | |
|---|---|---|---|
| 7D | 2.6% | 0.2% | -1.1% |
| 1Y | -67.2% | -4.2% | -0.1% |
Return vs Industry: SHLF underperformed the Norwegian Energy Services industry which returned -4.2% over the past year.
Return vs Market: SHLF underperformed the Norwegian Market which returned -0.1% over the past year.
Price Volatility
| SHLF volatility | |
|---|---|
| SHLF Average Weekly Movement | 10.9% |
| Energy Services Industry Average Movement | 5.3% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
Stable Share Price: SHLF's share price has been volatile over the past 3 months compared to the Norwegian market.
Volatility Over Time: SHLF's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 2,835 | Greg O’Brien | www.shelfdrilling.com |
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of the company’s owned fleet and related equipment. It also provides catering, additional equipment and personnel, and consumables or accommodations at the request of the customer using third party vendors.
Shelf Drilling, Ltd. Fundamentals Summary
| SHLF fundamental statistics | |
|---|---|
| Market cap | NOK 2.43b |
| Earnings (TTM) | NOK 459.74m |
| Revenue (TTM) | NOK 11.34b |
5.3x
P/E Ratio0.2x
P/S RatioIs SHLF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHLF income statement (TTM) | |
|---|---|
| Revenue | US$999.30m |
| Cost of Revenue | US$653.50m |
| Gross Profit | US$345.80m |
| Other Expenses | US$305.30m |
| Earnings | US$40.50m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 34.60% |
| Net Profit Margin | 4.05% |
| Debt/Equity Ratio | 320.0% |
How did SHLF perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:05 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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, Ltd. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Martin Karlsen | DNB Markets |
| James West | Evercore ISI |
| Truls Olsen | Fearnley Securities |