RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Northern Drilling Stock

Northern Drilling P/S 2024

Northern Drilling P/S

0.01

Ticker

NODL.OL

ISIN

BMG6624L1090

WKN

A2DQJZ

As of Nov 1, 2024, Northern Drilling's P/S ratio stood at 0.01, a -95.24% change from the 0.21 P/S ratio recorded in the previous year.

The Northern Drilling P/S history

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.

P/S Details

Decoding Northern Drilling's P/S Ratio

Northern Drilling's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Northern Drilling's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Northern Drilling's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Northern Drilling’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Northern Drilling stock

What is the price-to-earnings ratio of Northern Drilling?

The price-earnings ratio of Northern Drilling is currently 0.01.

How has the price-earnings ratio of Northern Drilling changed compared to last year?

The price-to-earnings ratio of Northern Drilling has increased by -95.24% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Northern Drilling high compared to other companies?

Yes, the price-to-earnings ratio of Northern Drilling is high compared to other companies.

How does an increase in the price-earnings ratio of Northern Drilling affect the company?

An increase in the price-earnings ratio of Northern Drilling would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Northern Drilling affect the company?

A decrease in the price-earnings ratio of Northern Drilling would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Northern Drilling?

Some factors that influence the price-earnings ratio of Northern Drilling are the company's growth, financial position, industry development, and the overall economic situation.

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 11/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/1/2024.

When did Northern Drilling pay the last dividend?

The last dividend was paid out on 11/1/2024.

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.