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Shelf Drilling OB:SHLF Stock Report

Last Price

NOK 18.63

Market Cap

NOK 4.0b

7D

-1.4%

1Y

-30.9%

Updated

26 Aug, 2024

Data

Company Financials +

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.

SHLF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health2/6
Dividends0/6

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 18.63
52 Week HighNOK 39.00
52 Week LowNOK 17.82
Beta2.27
11 Month Change-14.62%
3 Month Change-20.38%
1 Year Change-30.87%
33 Year Change365.75%
5 Year Change-1.17%
Change since IPO-75.81%

Recent News & Updates

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

Recent updates

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

Should You Be Worried About Shelf Drilling's (OB:SHLF) Returns On Capital?

Jan 01
Should You Be Worried About Shelf Drilling's (OB:SHLF) Returns On Capital?

Shareholder Returns

SHLFNO Energy ServicesNO Market
7D-1.4%0.3%-0.9%
1Y-30.9%19.1%6.3%

Return vs Industry: SHLF underperformed the Norwegian Energy Services industry which returned 19.1% over the past year.

Return vs Market: SHLF underperformed the Norwegian Market which returned 6.3% over the past year.

Price Volatility

Is SHLF's price volatile compared to industry and market?
SHLF volatility
SHLF Average Weekly Movement6.2%
Energy Services Industry Average Movement5.5%
Market Average Movement4.8%
10% most volatile stocks in NO Market10.3%
10% least volatile stocks in NO Market2.6%

Stable Share Price: SHLF's share price has been volatile over the past 3 months.

Volatility Over Time: SHLF's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20122,835n/awww.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 3.98b
Earnings (TTM)NOK 146.59m
Revenue (TTM)NOK 10.44b

27.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLF income statement (TTM)
RevenueUS$990.00m
Cost of RevenueUS$636.90m
Gross ProfitUS$353.10m
Other ExpensesUS$339.20m
EarningsUS$13.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 13, 2024

Earnings per share (EPS)0.065
Gross Margin35.67%
Net Profit Margin1.40%
Debt/Equity Ratio372.7%

How did SHLF perform over the long term?

See historical performance and comparison