Northern Ocean Ltd Ordinary Shares NOL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $8.73
- Day Range
- $8.45–9.69
- 52-Week Range
- $7.50–15.88
- Bid/Ask
- $9.00 / $9.80
- Market Cap
- $1.68 Bil
- Volume/Avg
- 238,984 / 140,787
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.63
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation and One-time reimbursed costs.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Stock Style Box
- Small Core
- Total Number of Employees
- 10
- Website
- https://www.northernocean.no
Comparables
Valuation
|
Metric
|
NOL
|
BORR
|
SEAPT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 52.81 | — |
Price/Book Value | 0.36 | 1.57 | 0.92 |
Price/Sales | 0.63 | 1.89 | 0.69 |
Price/Cash Flow | 20.48 | 13.85 | — |
Price/Earnings
NOL
BORR
SEAPT
Financial Strength
|
Metric
|
NOL
|
BORR
|
SEAPT
|
|---|---|---|---|
Quick Ratio | 0.65 | 0.99 | 0.52 |
Current Ratio | 0.84 | 1.14 | 0.96 |
Interest Coverage | −0.52 | 1.32 | −1.23 |
Quick Ratio
NOL
BORR
SEAPT
Profitability
|
Metric
|
NOL
|
BORR
|
SEAPT
|
|---|---|---|---|
Return on Assets (Normalized) | −6.60% | 1.16% | −13.34% |
Return on Equity (Normalized) | −15.00% | 3.86% | −66.88% |
Return on Invested Capital (Normalized) | −2.70% | 7.26% | −13.28% |
Return on Assets
NOL
BORR
SEAPT
Oil & Gas Drilling Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NE
| Noble Corp PLC Class A | — | Jnbf | $6.8 Bil | |
RIG
| Transocean Ltd | Hsdydxjgf | Vcwd | $4.8 Bil | |
PTEN
| Patterson-UTI Energy Inc | Xbdtt | Bwdq | $4.4 Bil | |
YZCFF
| Sinopec Oilfield Service Corp Class H | — | Sbvb | $4.0 Bil | |
HP
| Helmerich & Payne Inc | Qwcfwdclq | Rglk | $3.9 Bil | |
SDRL
| Seadrill Ltd | — | Jfb | $3.6 Bil | |
DO
| Diamond Offshore Drilling Inc | — | Jhq | $1.5 Bil | |
BORR
| Borr Drilling Ltd | — | Hlrnd | $1.5 Bil | |
ODFJF
| Odfjell Drilling Ltd | — | Rwx | $1.2 Bil | |
PDS
| Precision Drilling Corp | Rzgxfbjnd | Hwpnm | $1.0 Bil |