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Shelf Drilling OB:SHLF Stock Report

Last Price

NOK 10.20

Market Cap

NOK 2.6b

7D

-27.7%

1Y

-66.7%

Updated

24 Nov, 2024

Data

Company Financials +

Shelf Drilling, Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shelf Drilling
Historical stock prices
Current Share PriceNOK 10.20
52 Week HighNOK 36.60
52 Week LowNOK 10.20
Beta2.21
11 Month Change-37.88%
3 Month Change-45.25%
1 Year Change-66.67%
33 Year Change94.66%
5 Year Change-45.89%
Change since IPO-86.75%

Recent News & Updates

Shelf Drilling's (OB:SHLF) Promising Earnings May Rest On Soft Foundations

Nov 21
Shelf Drilling's (OB:SHLF) Promising Earnings May Rest On Soft Foundations

Recent updates

Shelf Drilling's (OB:SHLF) Promising Earnings May Rest On Soft Foundations

Nov 21
Shelf Drilling's (OB:SHLF) Promising Earnings May Rest On Soft Foundations

Shelf Drilling, Ltd.'s (OB:SHLF) 30% Dip In Price Shows Sentiment Is Matching Revenues

Nov 04
Shelf Drilling, Ltd.'s (OB:SHLF) 30% Dip In Price Shows Sentiment Is Matching Revenues

Shelf Drilling, Ltd. (OB:SHLF) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough

Aug 30
Shelf Drilling, Ltd. (OB:SHLF) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough

Shelf Drilling, Ltd. (OB:SHLF) Just Reported Second-Quarter Earnings And Analysts Are Lifting Their Estimates

Aug 18
Shelf Drilling, Ltd. (OB:SHLF) Just Reported Second-Quarter Earnings And Analysts Are Lifting Their Estimates

There's No Escaping Shelf Drilling, Ltd.'s (OB:SHLF) Muted Revenues Despite A 32% Share Price Rise

May 30
There's No Escaping Shelf Drilling, Ltd.'s (OB:SHLF) Muted Revenues Despite A 32% Share Price Rise

Shelf Drilling's (OB:SHLF) Solid Profits Have Weak Fundamentals

May 22
Shelf Drilling's (OB:SHLF) Solid Profits Have Weak Fundamentals

Shelf Drilling, Ltd. (OB:SHLF) Not Doing Enough For Some Investors As Its Shares Slump 25%

Apr 05
Shelf Drilling, Ltd. (OB:SHLF) Not Doing Enough For Some Investors As Its Shares Slump 25%

Is Shelf Drilling (OB:SHLF) Using Too Much Debt?

Apr 03
Is Shelf Drilling (OB:SHLF) Using Too Much Debt?

We Think That There Are Issues Underlying Shelf Drilling's (OB:SHLF) Earnings

Nov 17
We Think That There Are Issues Underlying Shelf Drilling's (OB:SHLF) Earnings

Shelf Drilling, Ltd. Just Recorded A 8.9% Revenue Beat: Here's What Analysts Think

Aug 13
Shelf Drilling, Ltd. Just Recorded A 8.9% Revenue Beat: Here's What Analysts Think

Shelf Drilling, Ltd. (OB:SHLF) Screens Well But There Might Be A Catch

Jul 04
Shelf Drilling, Ltd. (OB:SHLF) Screens Well But There Might Be A Catch

Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet

Oct 25
Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet

Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital

Apr 12
Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital

These 4 Measures Indicate That Shelf Drilling (OB:SHLF) Is Using Debt In A Risky Way

Dec 16
These 4 Measures Indicate That Shelf Drilling (OB:SHLF) Is Using Debt In A Risky Way

Estimating The Fair Value Of Shelf Drilling, Ltd. (OB:SHLF)

Nov 08
Estimating The Fair Value Of Shelf Drilling, Ltd. (OB:SHLF)

Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital

Aug 14
Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital

Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet

Jun 08
Shelf Drilling (OB:SHLF) Has A Somewhat Strained Balance Sheet

Returns On Capital At Shelf Drilling (OB:SHLF) Paint A Concerning Picture

Apr 16
Returns On Capital At Shelf Drilling (OB:SHLF) Paint A Concerning Picture

Shareholder Returns

SHLFNO Energy ServicesNO Market
7D-27.7%1.0%1.1%
1Y-66.7%2.9%2.9%

Return vs Industry: SHLF underperformed the Norwegian Energy Services industry which returned 2.9% over the past year.

Return vs Market: SHLF underperformed the Norwegian Market which returned 2.9% over the past year.

Price Volatility

Is SHLF's price volatile compared to industry and market?
SHLF volatility
SHLF Average Weekly Movement8.4%
Energy Services Industry Average Movement5.7%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.6%

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 (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
20122,835Greg O’Brienwww.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

How do Shelf Drilling's earnings and revenue compare to its market cap?
SHLF fundamental statistics
Market capNOK 2.61b
Earnings (TTM)NOK 448.62m
Revenue (TTM)NOK 11.07b

5.8x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLF income statement (TTM)
RevenueUS$999.30m
Cost of RevenueUS$653.50m
Gross ProfitUS$345.80m
Other ExpensesUS$305.30m
EarningsUS$40.50m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin34.60%
Net Profit Margin4.05%
Debt/Equity Ratio320.0%

How did SHLF perform over the long term?

See historical performance and comparison