Odfjell Drilling Ltd. owns and operates mobile offshore drilling units in Norway, the United Kingdom, Europe, Asia, Africa, and internationally. It operates through Mobile Offshore Drilling Units business (MODU), Energy business (Energy), and Well Services business (OWS) segments. The MODU segment offers management services to other owners of drilling units; and operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The Energy segment provides integrated drilling and maintenance services for fixed platform drilling rigs in the North Sea, as well as engineering services, including design, project management, and operation and support services. The OWS segment offers casing and tubular running services; wellbore cleaning; and drilling tool and tubular rental services for exploration wells and production purposes. The company was founded in 1914 and is headquartered in Aberdeen, the United Kingdom. Odfjell Drilling Ltd. is a subsidiary of Odfjell Partners Ltd.
General Outlook
In simple terms, Odfjell Drilling Ltd. has 236.783 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.959% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.721%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.531%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.099% return, is a testament to Odfjell Drilling Ltd.'s adeptness in optimizing resource deployment. Odfjell Drilling Ltd.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.181%. Furthermore, the proficiency of Odfjell Drilling Ltd. in capital utilization is underscored by a remarkable 0.153% return on capital employed.
Stock Prices
Odfjell Drilling Ltd.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $35, while its low point bottomed out at $33.85. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Odfjell Drilling Ltd.'s stock market.
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