(VIANEWS) – Shares of SHELF DRILLING (Oslo Børs Benchmark Index_GI: SHLF.OL) fell by a staggering 16.84% in 5 sessions from kr33.25 to kr27.65 at 19:39 EST on Wednesday, after two consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is falling 3.74% to kr1,160.25, after five sequential sessions in a row of losses.
SHELF DRILLING’s last close was kr29.50, 14.24% below its 52-week high of kr34.40.
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 kr-16.75.
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%.
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