(VIANEWS) – Shares of SHELF DRILLING (Oslo Børs All-share Index_GI: SHLF.OL) rose by a staggering 32.63% in 21 sessions from 23.6 kr to 31.30 kr at 04:41 EST on Friday, after five successive sessions in a row of gains. Oslo Børs All-share Index_GI is falling 0.2% to 1,413.04 kr, after three successive sessions in a row of losses.
SHELF DRILLING’s last close was 30.95 kr, 2.65% above its 52-week high of 30.15 kr.
About SHELF DRILLING
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, and West Africa. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. As of December 31, 2021, it owned 30 independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.
Earnings Per Share
As for profitability, SHELF DRILLING has a trailing twelve months EPS of -16.75 kr.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -19.14%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 27.7%, now sitting on 609.05M for the twelve trailing months.
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