Shelf Drilling, Ltd.

OB:SHLF Stock Report

Market Cap: NOK 4.7b

Shelf Drilling Management

Management criteria checks 0/4

Shelf Drilling's CEO is Greg O’Brien, appointed in Aug 2024, has a tenure of 1.17 years. total yearly compensation is $2.59M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth NOK9.22M. The average tenure of the management team and the board of directors is 1.2 years and 2.3 years respectively.

Key information

Greg O’Brien

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage22.08%
CEO tenure1.2yrs
CEO ownership0.2%
Management average tenure1.2yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Does Shelf Drilling (OB:SHLF) Have A Healthy Balance Sheet?

Aug 05
Does Shelf Drilling (OB:SHLF) Have A Healthy Balance Sheet?

Shelf Drilling's (OB:SHLF) Shareholders Should Assess Earnings With Caution

May 23
Shelf Drilling's (OB:SHLF) Shareholders Should Assess Earnings With Caution

Results: Shelf Drilling, Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

May 15
Results: Shelf Drilling, Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is Shelf Drilling (OB:SHLF) A Risky Investment?

May 06
Is Shelf Drilling (OB:SHLF) A Risky Investment?

Revenues Working Against Shelf Drilling, Ltd.'s (OB:SHLF) Share Price Following 27% Dive

Apr 09
Revenues Working Against Shelf Drilling, Ltd.'s (OB:SHLF) Share Price Following 27% Dive
User avatar

New Contracts In Nigeria And Southeast Asia Will Strengthen Future Operations

Merger and ownership of Shelf Drilling North Sea enhance fleet, driving future earnings and cash flow.

Not Many Are Piling Into Shelf Drilling, Ltd. (OB:SHLF) Stock Yet As It Plummets 36%

Dec 20
Not Many Are Piling Into Shelf Drilling, Ltd. (OB:SHLF) Stock Yet As It Plummets 36%

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

CEO Compensation Analysis

How has Greg O’Brien's remuneration changed compared to Shelf Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$117m

Mar 31 2025n/an/a

US$91m

Dec 31 2024US$3mUS$572k

US$81m

Sep 30 2024n/an/a

US$41m

Jun 30 2024n/an/a

US$14m

Mar 31 2024n/an/a

US$30m

Dec 31 2023US$2mUS$473k

-US$8m

Compensation vs Market: Greg's total compensation ($USD2.59M) is above average for companies of similar size in the Norwegian market ($USD641.34K).

Compensation vs Earnings: Greg's compensation has increased by more than 20% in the past year.


CEO

Greg O’Brien (38 yo)

1.2yrs
Tenure
US$2,590,000
Compensation

Mr. Gregory O’ Brien, also known as Greg, had been Executive Vice President and Chief Financial Officer at Shelf Drilling, Ltd. until August 14, 2024 & serves as its CEO since August 14, 2024 and served as...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory O’Brien
Chief Executive Officer1.2yrsUS$2.59m0.20%
NOK 9.2m
Douglas Stewart
Executive VP & CFO1.3yrsUS$601.20kno data
David Mullen
Executive Directorno dataUS$3.18m0.43%
NOK 20.1m
William Hoffman
Executive VPless than a yearUS$2.21m0.23%
NOK 10.6m
Aaftaab Kharbanda
Executive VP & COOless than a yearno datano data
Daniel Hoff
Vice President of Human Resources2.8yrsno datano data
Michael Mezzina
VP & Controllerno datano datano data
1.2yrs
Average Tenure
56yo
Average Age

Experienced Management: SHLF's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Mullen
Executive Directorno dataUS$3.18m0.43%
NOK 20.1m
John Castle
Independent Director12.9yrsUS$147.00k0.19%
NOK 9.1m
Benjamin Sebel
Independent Director12.9yrsUS$148.00k0.088%
NOK 4.1m
David Williams
Independent Director8.2yrsUS$172.00k0.046%
NOK 2.2m
Steven Becker
Directorless than a yearno datano data
Will Franklin
Chairmanless than a yearno datano data
Stig Vangen
Directorless than a yearno datano data
Xianzhi Mei
Independent Director2.3yrsUS$41.00kno data
2.3yrs
Average Tenure
55.5yo
Average Age

Experienced Board: SHLF's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/15 11:24
End of Day Share Price 2025/10/15 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Shelf Drilling, Ltd. is covered by 7 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.

AnalystInstitution
Martin KarlsenDNB Carnegie
Kristian AarliDNB Carnegie
James WestEvercore ISI