Shelf Drilling, Ltd.

OB:SHLF Stock Report

Market Cap: NOK 4.7b

Shelf Drilling Past Earnings Performance

Past criteria checks 4/6

Shelf Drilling has been growing earnings at an average annual rate of 73.7%, while the Energy Services industry saw earnings growing at 53.2% annually. Revenues have been growing at an average rate of 14.9% per year. Shelf Drilling's return on equity is 24%, and it has net margins of 11.8%.

Key information

73.74%

Earnings growth rate

73.64%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate14.92%
Return on equity23.99%
Net Margin11.85%
Next Earnings Update10 Nov 2025

Recent past performance updates

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

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

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

Revenue & Expenses Breakdown

How Shelf Drilling makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:SHLF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25983117630
31 Mar 2597691650
31 Dec 2498581660
30 Sep 2499941630
30 Jun 2499014680
31 Mar 2496330660
31 Dec 23881-8630
30 Sep 238498670
30 Jun 23757-39590
31 Mar 23701-58580
31 Dec 22683-29550
30 Sep 22609-45480
30 Jun 22573-61470
31 Mar 22553-67490
31 Dec 21527-79460
30 Sep 21512-152460
30 Jun 21509-137430
31 Mar 21534-106390
31 Dec 20585-275430
30 Sep 20624-255480
30 Jun 20628-283510
31 Mar 20610-321530
31 Dec 19576-150510
30 Sep 19569-129470
30 Jun 19598-104450
31 Mar 19613-116560
31 Dec 18613-146610
30 Sep 18605-133590
30 Jun 18583-133560
31 Mar 18573-126470
31 Dec 17572-83440
30 Sep 17583-101500
30 Jun 17624-72460
31 Mar 17651-32440
31 Dec 16684-30470
31 Dec 151,031-1801400
31 Dec 141,2352261070

Quality Earnings: SHLF has a large one-off gain of $67.4M impacting its last 12 months of financial results to 30th June, 2025.

Growing Profit Margin: SHLF's current net profit margins (11.8%) are higher than last year (1.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SHLF has become profitable over the past 5 years, growing earnings by 73.7% per year.

Accelerating Growth: SHLF's earnings growth over the past year (738.1%) exceeds its 5-year average (73.7% per year).

Earnings vs Industry: SHLF earnings growth over the past year (738.1%) exceeded the Energy Services industry 25%.


Return on Equity

High ROE: Whilst SHLF's Return on Equity (23.99%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/06 18:29
End of Day Share Price 2025/10/06 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