RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Drilling Company of 1972 A/S Stock

Drilling Company of 1972 A/S Market capitalization 2024

Drilling Company of 1972 A/S Market capitalization

2.04 B USD

Ticker

DRLCO.CO

ISIN

DK0061135753

WKN

A2PGP5

In 2024, Drilling Company of 1972 A/S's market cap stood at 2.04 B USD, a 26.1% increase from the 1.62 B USD market cap in the previous year.

The Drilling Company of 1972 A/S Market capitalization history

YEARMarket Capitalization (undefined USD)
20211.6
20201.23
20192.69
2018-
2017-
2016-

Drilling Company of 1972 A/S Aktienanalyse

What does Drilling Company of 1972 A/S do?

Maersk Drilling A/S is a Danish company that has been operating in the drilling market for over 40 years. It is part of the world's largest shipping company Maersk, a company with a long tradition in the shipping industry. Maersk Drilling A/S is based in Copenhagen and is a leader in the development and operation of offshore drilling rigs. The company has a strong international presence and operates drilling rigs in various parts of the world. History Maersk Drilling A/S was established in 1972 as a subsidiary of the company Mærsk Mc-Kinney Møller (Mærsk Line). Since its establishment, the company has experienced impressive business growth and expanded its operations to different countries. Previous sales have further accelerated the business development, making the company today an important player in the global drilling market. Business Model Maersk Drilling A/S specializes in the exploration, development, and production of oil and gas offshore, offering customized drilling solutions to meet its customers' requirements and demands for oil and gas production. The company also provides services in the maintenance, repair, and overhaul of drilling rigs and their equipment. The company aims to provide comprehensive solutions to customers to meet their offshore oil and gas resource needs. Divisions Maersk Drilling A/S operates in three main divisions: 1. Deepwater drilling: The company is a leader in providing drilling rigs for the exploration and development of oil and gas resources in deeper water. With state-of-the-art technologies, drilling can be conducted in water depths of up to 3,000 meters. 2. Shallow water drilling: The company also offers specialized drilling rigs designed for the exploration and development of oil and gas resources in shallow water areas. These drilling rigs can be deployed in water depths of up to 300 meters. 3. Technology and services: Maersk Drilling A/S also offers comprehensive technical solutions and services in the field of offshore drilling facilities, tailored to the customers' requirements. These services include maintenance, repair, and modernization of drilling rigs and their equipment. Products Maersk Drilling A/S offers a variety of products and services to meet customers' requirements. The products include drilling rigs, platforms, drill bits, and other drilling equipment. The services include maintenance, repair, and modernization of drilling rigs and their equipment, as well as drilling preparation and operation of offshore drilling rigs. Conclusion Maersk Drilling A/S has established itself as a global leader in offshore drilling rigs and offers customers customized drilling solutions to meet their requirements and demands for oil and gas production. The company has a long tradition in the shipping industry and has a strong international presence and expertise in the exploration and development of offshore oil and gas resources. Drilling Company of 1972 A/S ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Drilling Company of 1972 A/S's Market Capitalization

Drilling Company of 1972 A/S's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Drilling Company of 1972 A/S's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Drilling Company of 1972 A/S's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Drilling Company of 1972 A/S’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Drilling Company of 1972 A/S stock

What is the current Drilling Company of 1972 A/S market capitalization?

The current market capitalization of Drilling Company of 1972 A/S is 2.04 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Drilling Company of 1972 A/S.

How has the market capitalization of Drilling Company of 1972 A/S developed in recent years?

The market capitalization of Drilling Company of 1972 A/S has increased/decreased by 26.1% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Drilling Company of 1972 A/S?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Drilling Company of 1972 A/S?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Drilling Company of 1972 A/S have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Drilling Company of 1972 A/S pay?

Over the past 12 months, Drilling Company of 1972 A/S paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Drilling Company of 1972 A/S is expected to pay a dividend of 0 USD.

What is the dividend yield of Drilling Company of 1972 A/S?

The current dividend yield of Drilling Company of 1972 A/S is .

When does Drilling Company of 1972 A/S pay dividends?

Drilling Company of 1972 A/S pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Drilling Company of 1972 A/S?

Drilling Company of 1972 A/S paid dividends every year for the past 0 years.

What is the dividend of Drilling Company of 1972 A/S?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Drilling Company of 1972 A/S located?

Drilling Company of 1972 A/S is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Drilling Company of 1972 A/S kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Drilling Company of 1972 A/S from 8/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/5/2024.

When did Drilling Company of 1972 A/S pay the last dividend?

The last dividend was paid out on 8/5/2024.

What was the dividend of Drilling Company of 1972 A/S in the year 2023?

In the year 2023, Drilling Company of 1972 A/S distributed 0 USD as dividends.

In which currency does Drilling Company of 1972 A/S pay out the dividend?

The dividends of Drilling Company of 1972 A/S are distributed in USD.

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Andere Kennzahlen von Drilling Company of 1972 A/S

Our stock analysis for Drilling Company of 1972 A/S Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Drilling Company of 1972 A/S Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.