RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Northern Drilling Stock

Northern Drilling Market capitalization 2024

Northern Drilling Market capitalization

714,192.12 USD

Ticker

NODL.OL

ISIN

BMG6624L1090

WKN

A2DQJZ

In 2024, Northern Drilling's market cap stood at 714,192.12 USD, a -99.23% increase from the 92.4 M USD market cap in the previous year.

The Northern Drilling Market capitalization history

YEARMarket Capitalization (undefined USD)
20220.09
20210.04
20200.03
20190.82
20181.27
20170.54

Northern Drilling Aktienanalyse

What does Northern Drilling do?

Northern Drilling Ltd is a publicly traded company specializing in providing state-of-the-art drilling rigs for oil and gas companies. The company was founded in 2016 by John Fredriksen, a Norwegian billionaire and investor, who is also involved in other industries such as shipping and fishing. The business model of Northern Drilling is centered around offering its customers the best available drilling rigs to make their operations more efficient and cost-effective. The company currently operates multiple drilling rigs worldwide, including the West Mira, an ultra-deepwater drilling platform used for oil and gas exploration in Norway and the North Sea. One of the main divisions of Northern Drilling is the rental of drilling rigs to oil and gas companies. The company currently owns and operates a fleet of four drilling rigs, including the West Mira, which was commissioned in the second quarter of 2019. These drilling rigs are equipped with state-of-the-art technology and equipment, providing high profitability and operational efficiency for customers in search of natural resources. In addition, Northern Drilling also serves as a contractor for various oil and gas companies. The company offers comprehensive consulting and management services to assist customers in the planning, development, and execution of drilling projects. Northern Drilling has excellent expertise in all stages of the drilling process, from identifying suitable locations and obtaining drilling permits to delivering resources. Another area in which Northern Drilling operates is research and development of new technologies for the drilling process. The company invests significant resources in developing new and innovative technologies that can significantly improve the efficiency and results of the drilling operation. This includes automated systems for controlling the drilling rigs and advanced measurement methods for exploring new resource deposits. Overall, Northern Drilling is a company with a strong culture of innovation and a clear focus on partnerships to complement its offerings for customers. The company is constantly seeking new partners, technologies, and business models to harness the full power of drilling technology and create a more sustainable energy future for all. Northern Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Northern Drilling's Market Capitalization

Northern Drilling'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 Northern Drilling'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

Northern Drilling'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 Northern Drilling’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 Northern Drilling stock

What is the current Northern Drilling market capitalization?

The current market capitalization of Northern Drilling is 714,192.12 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 Northern Drilling.

How has the market capitalization of Northern Drilling developed in recent years?

The market capitalization of Northern Drilling has increased/decreased by -99.23% 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 Northern Drilling?

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 Northern Drilling?

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 Northern Drilling 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 Northern Drilling pay?

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

What is the dividend yield of Northern Drilling?

The current dividend yield of Northern Drilling is .

When does Northern Drilling pay dividends?

Northern Drilling pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northern Drilling?

Northern Drilling paid dividends every year for the past 0 years.

What is the dividend of Northern Drilling?

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

In which sector is Northern Drilling located?

Northern Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Northern Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northern Drilling from 12/19/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/19/2024.

When did Northern Drilling pay the last dividend?

The last dividend was paid out on 12/19/2024.

What was the dividend of Northern Drilling in the year 2023?

In the year 2023, Northern Drilling distributed 0 USD as dividends.

In which currency does Northern Drilling pay out the dividend?

The dividends of Northern Drilling are distributed in USD.

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Andere Kennzahlen von Northern Drilling

Our stock analysis for Northern Drilling 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 Northern Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.