YOLFTbeta
Odfjell Drilling Ltd

Odfjell Drilling Ltd

ODL · OL · Energy / Oil & Gas Drilling

103.60NOK+0.80 (+0.78%)

Price History

Full chart

Market Stats

Previous Close102.80
Open103.00
Day Range102.60 – 103.80
52-Week Range66.78 – 106.40
Volume166.03K
Market Cap23.74B
P/E (TTM)10.48
Forward P/E8.88
EPS9.45
Dividend Yield9.07%
Beta0.30
50-Day Avg95.77
200-Day Avg94.30

About

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through two segments, Own Fleet and External Fleet. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is based in Aberdeen, the United Kingdom.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Drilling
  • CEOMr. Kjetil Gjersdal
  • Employees1.65K
  • HeadquartersPrime View, Aberdeen, United Kingdom, AB15 8PU, Norway
  • Websitehttps://www.odfjelldrilling.com

Leadership

  • Mr. Kjetil GjersdalChief Executive Officer · b. 1970
  • Mr. Orjan LundeChief Financial Officer · b. 1975
  • Mr. Frode Skage SyslakSenior Vice President of Finance · b. 1980
  • Mr. Jakob KorsgaardChief Operating Officer · b. 1971
  • Mr. Hakon KlepsvikChief Technology Officer · b. 1975
  • Mr. James Hugh CrothersInvestor Relations Officer
  • Ms. Cecilie Isdahl GjelsvikGeneral Counsel · b. 1980
  • Mr. Helge MaubachSenior Vice President of Human Resources · b. 1972
  • Mr. Michael Boysen NielsenExecutive VP of Business Development & Chief Commercial Officer · b. 1967
  • Karoline FlateVP & Head of Sustainability

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.09B1.08B1.19B1.02B657.34M656.57M673.37M700.69M824.51M932.27M871.85M649.60M732.40M480.70M513.90M
Growth (%)--0.93%+10.35%-14.89%-35.35%-0.12%+2.56%+4.06%+17.67%+13.07%-6.48%-25.49%+12.75%-34.37%+6.91%
Cost of Revenue148.39M148.75M147.09M143.05M166.06M251.42M161.44M160.63M185.19M203.96M181.94M171.50M22.10M195.00M181.10M
Gross Profit908.32M945.00M1.03B944.91M760.77M405.98M500.72M537.85M638.00M725.78M681.91M222.80M427.00M285.70M332.80M
Gross Margin83.12%87.29%85.93%92.93%115.74%61.83%74.36%76.76%77.38%77.85%78.21%34.30%58.30%59.43%64.76%
Operating Expense670.89M761.32M778.74M816.00M846.17M371.88M388.44M439.33M491.44M509.34M560.31M86.30M120.60M135.20M450.50M
Operating Income237.43M183.68M247.77M128.91M-85.40M34.09M112.28M98.52M146.57M216.44M121.60M136.50M306.40M150.50M-117.70M
Operating Margin21.73%16.97%20.74%12.68%-12.99%5.19%16.67%14.06%17.78%23.22%13.95%21.01%41.84%31.31%-22.90%
EBITDA382.42M331.00M392.95M270.15M78.48M284.82M273.72M259.15M331.76M420.40M273.00M307.80M328.50M338.50M429.60M
EBITDA Margin35.00%30.57%32.89%26.57%11.94%43.38%40.65%36.98%40.24%45.09%31.31%47.38%44.85%70.42%83.60%
Net Income108.83M102.55M67.29M42.46M-162.51M-63.69M35.35M27.35M40.82M143.38M74.40M82.90M222.10M64.70M167.00M
Net Income Margin9.96%9.47%5.63%4.18%-24.72%-9.70%5.25%3.90%4.95%15.38%8.53%12.76%30.32%13.46%32.50%
R&D-------72.00K74.00K244.00K-----
R&D as % of Total Revenue-------0.01%0.01%0.03%-----
Interest Expense55.77M57.64M56.52M50.93M62.28M61.18M65.64M74.36M91.76M71.84M50.04M48.60M67.30M64.90M56.50M
Interest Expense % of Total Revenue5.10%5.32%4.73%5.01%9.48%9.32%9.75%10.61%11.13%7.71%5.74%7.48%9.19%13.50%10.99%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-2.74B2.80B2.74B3.09B2.77B2.26B2.14B2.28B2.69B2.64B2.52B2.22B2.31B2.21B2.67B
Total Liabilities-1.71B1.65B1.61B1.98B1.83B1.54B1.37B1.25B1.62B1.44B1.25B1.01B914.80M811.80M1.24B
Total Equity-1.01B1.13B1.13B1.12B948.44M722.09M767.06M1.02B1.06B1.20B1.27B1.21B1.39B1.40B1.43B
Cash-275.57M185.01M185.61M191.20M189.84M174.90M136.90M141.75M126.40M181.11M147.06M135.60M119.20M107.90M103.30M
Total Debt-1.41B1.35B1.27B1.70B1.60B1.41B1.23B1.09B1.44B1.26B1.08B910.70M774.60M665.60M-
Net Debt-1.13B1.17B1.09B1.51B1.41B1.24B1.10B953.05M1.31B1.08B935.42M775.10M655.40M557.70M908.50M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow197.55M267.21M245.14M239.65M270.87M198.67M165.84M220.53M198.32M345.74M256.50M275.20M264.70M287.70M401.50M
Investing Cash Flow-212.97M-305.91M-81.38M-679.73M-147.75M-21.78M-787.00K-293.49M-428.25M-113.12M-97.39M-111.00M-85.90M-130.30M-
Financing Cash Flow66.04M-60.98M-164.68M430.98M-114.61M-193.77M-184.24M88.61M230.70M-193.14M-188.78M-171.60M-196.40M-163.70M-
Capital Expenditure148.84M210.87M119.85M691.00M147.04M31.23M29.47M305.88M425.58M114.05M97.83M66.60M66.20M132.00M617.40M
Free Cash Flow48.72M56.34M125.28M-451.35M123.82M167.44M136.37M-85.35M-227.26M231.70M158.67M208.60M198.50M155.70M-215.90M
Dividends Paid7.51M1.76M14.85M10.00M2.21M2.21M2.21M2.21M3.91M4.11M4.30M2.20M28.40M57.20M159.50M
FCF to OCF24.66%21.08%51.11%-188.34%45.71%84.28%82.23%-38.70%-114.59%67.01%61.86%75.80%74.99%54.12%-53.77%
Dividend Paid to FCF15.41%3.13%11.85%-2.22%1.78%1.32%1.62%-2.59%-1.72%1.77%2.71%1.05%14.31%36.74%-73.88%

Earnings

Report DateDec 2, 2013Mar 3, 2014May 23, 2014Aug 29, 2014Nov 25, 2014Feb 25, 2015May 22, 2015Aug 26, 2015Nov 25, 2015Feb 29, 2016May 26, 2016Aug 25, 2016Nov 23, 2016Feb 28, 2017May 31, 2017Aug 30, 2017Nov 23, 2017Feb 28, 2018May 25, 2018Aug 29, 2018Nov 29, 2018Feb 21, 2019May 29, 2019Aug 29, 2019Nov 28, 2019Feb 27, 2020May 13, 2020Aug 26, 2020Nov 25, 2020Feb 24, 2021May 27, 2021Aug 26, 2021Nov 25, 2021Feb 23, 2022May 30, 2022Aug 30, 2022Nov 24, 2022Feb 15, 2023May 5, 2023Aug 23, 2023Nov 2, 2023Feb 15, 2024May 15, 2024Aug 21, 2024Nov 6, 2024Feb 12, 2025May 16, 2025Aug 19, 2025Nov 6, 2025Feb 25, 2026May 14, 2026Aug 17, 2026Nov 3, 2026
EPS Estimate0.200.180.140.150.160.120.110.130.04-0.03-0.100.040.010.010.040.070.070.030.010.010.01-0.030.01-0.020.040.03-0.04-0.040.110.34-0.040.040.080.110.030.040.040.050.060.050.080.080.080.080.070.120.140.080.160.140.270.160.25
EPS Actual0.160.120.110.140.090.220.090.110.030.14-0.100.040.040.03-0.040.060.050.07-0.030.030.030.070.03-0.010.080.040.09-0.040.070.45-0.050.110.120.110.080.080.040.120.010.050.780.100.060.070.080.060.130.170.230.192.960.23-
Surprise-20.00%-33.33%-21.43%-6.67%-43.75%83.33%-18.18%-15.38%-25.00%566.67%0.00%0.00%300.00%200.00%-200.00%-14.29%-28.57%133.33%-400.00%200.00%200.00%333.33%200.00%50.00%100.00%33.33%325.00%0.00%-36.36%32.35%-25.00%175.00%50.00%0.00%166.67%100.00%0.00%140.00%-83.33%0.00%875.00%25.00%-25.00%-12.50%14.29%-50.00%-7.14%112.50%43.75%35.71%1018.45%43.75%-
TimingPre-marketPre-market--After-hoursPre-market--Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap23.74B
Enterprise Value33.21B
Trailing P/E10.48
Forward P/E8.88
PEG Ratio0.00
Price / Sales21.68
Price / Book1.81
EPS9.45
Book Value57.13
Revenue (TTM)1.10B
Gross Profit (TTM)1.10B
EBITDA510.70M
Profit Margin20.50%
Operating Margin24.19%
Return on Equity15.71%
Return on Assets8.64%
Shares Outstanding239.81M
Shares Float120.20M
Beta0.30
Dividend Yield9.07%
Dividend Rate8.89
Payout Ratio2.46%

Dividends

20264×
2.58Nov 12, 20262.33Sep 3, 20262.31May 27, 20262.23Mar 4, 2026
20254×
2.01Nov 12, 20251.80Sep 3, 20251.61Jun 3, 20251.40Feb 28, 2025
20244×
0.67Nov 15, 20240.63Aug 30, 20240.64May 24, 20240.63Mar 1, 2024
20232×
0.67Nov 10, 20230.64Sep 1, 2023
20141×
0.26Mar 18, 2014

Stock Splits

  • Apr 20, 20182683:2665