Shelf Drilling, Ltd.

SHLF

KYG236271055

Oil & Gas Drilling

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
18.88 ^NOK	+0.11%		-1.56%	-34.90%

Apr. 26	Shelf Drilling (North Sea) Issues $315 Million of Bonds	MT
Apr. 10	Shelf Drilling Lands Contract Extension with Equinor for Jack-up Rig Use at Gudrun Field	MT

Shelf Drilling, Ltd. Announces Resignation of John Reynolds as Director

March 27, 2024 at 12:00 pm EDT

Shelf Drilling, Ltd. announced that John Reynolds has resigned as a director of the Company with immediate effect. This follows the sale of shares by LR-Shelf Drilling International, L.P. in October 2023 and the exit of Lime Rock Partners as a sponsor of the Company.

Latest news about Shelf Drilling, Ltd.

Shelf Drilling (North Sea) Issues $315 Million of Bonds	Apr. 26	MT
Shelf Drilling Lands Contract Extension with Equinor for Jack-up Rig Use at Gudrun Field	Apr. 10	MT
Shelf Drilling in Talks with Customer in Middle East for Suspension of Four Rigs	Apr. 02	MT
Shelf Drilling, Ltd. Announces Resignation of John Reynolds as Director	Mar. 27	CI
Transcript : Shelf Drilling, Ltd., Q4 2023 Earnings Call, Mar 04, 2024	Mar. 04
Shelf Drilling Gets $51 Million Extension for Rig Offshore Egypt	Mar. 04	MT
Shelf Drilling, Ltd. Secures Contract Extension on Rig 141 in Egypt	Mar. 04	CI
Shelf Drilling, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI
Shelf Drilling CEO to Assume Chairmanship; CFO Named as Successor	Feb. 08	MT
Shelf Drilling, Ltd. Announces CEO Changes, Effective August 2024	Feb. 08	CI
Shelf Drilling, Ltd. Announces Management Changes	Feb. 08	CI
Shelf Drilling, Ltd. Announces CFO Transition	Feb. 08	CI
Shelf Drilling, Ltd. and Shelf Drilling (North Sea), Ltd. Receives New Contract in Vietnam	Dec. 08	CI
Shelf Drilling Lands $73 Million Contract for Jack-up Rig in Vietnam	Dec. 08	MT
Transcript : Shelf Drilling, Ltd., Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Shelf Drilling, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Shelf Drilling Bags $93 Million Contracts for Rigs in Nigeria	23-10-03	MT
Shelf Drilling, Ltd. Receives Two New Contracts in Nigeria	23-10-02	CI
Shelf Drilling Lands $18 Million Contract Extension for Jack-up Rig	23-10-02	MT
Shelf Drilling Fortress Secures Contract Extension	23-10-01	CI
Shelf Drilling Unit to Issue $1.1 Billion Notes, Obtain Borrowing Facilities	23-09-29	MT
Shelf Drilling Raises NOK640 Million Via Share Issue	23-09-27	MT
Shelf Drilling Holdings, Ltd. Gives Notice to the Holders of its 8.875% Senior Secured First Lien Notes Due 2024	23-09-26	CI
Shelf Drilling, Ltd. announced that it has received NOK 640.2 million in funding	23-09-25	CI
Shelf Drilling, Ltd.(OB:SHLF) added to S&P Global BMI Index	23-09-18	CI

Chart Shelf Drilling, Ltd.

Duration

Period

More charts

Company Profile

Shelf Drilling Ltd is a United Arab Emirates-based entity which is primarily engaged in providing water offshore contractor services. The Companyâs services include providing equipment for the drilling, completion, maintenance and decommissioning of oil and natural gas wells. It focuses on shallow water operations in depths of approximately up to 375 feet and fleet consists of 30 independent-leg cantilever (ILC) jack-up rigs. The Company has one reportable segment which is Contract Services it includes rigs comprising fleet operation in a single market. The Companyâs subsidiaries include Shelf Drilling (Egypt) Limited, Shelf Drilling Holdings, Ltd. (SDHL) among others. The Companyâs customers are national oil companies (NOCs), international oil companies (IOCs) and independent oil and natural gas companies, who contract the rigs for varying durations.

Sector

Oil & Gas Drilling

Calendar

2024-05-14 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Shelf Drilling, Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.71 USD

Average target price

3.535 USD

Spread / Average Target

+106.78%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Drilling

	1st Jan change	Capi.
SHELF DRILLING, LTD.	-34.90%	365M
ADNOC DRILLING COMPANY	+1.59%	16.73B
CHINA OILFIELD SERVICES LIMITED	+12.28%	9.69B
NOBLE CORPORATION PLC	-3.88%	6.61B
ADES HOLDING COMPANY	-18.75%	5.69B
VALARIS LIMITED	+0.92%	5.01B
TRANSOCEAN LTD.	-7.56%	4.86B
PATTERSON-UTI ENERGY, INC.	+4.17%	4.54B
HELMERICH & PAYNE, INC.	+11.51%	3.99B
SINOPEC OILFIELD SERVICE CORPORATION	+7.22%	3.9B

Other Oil & Gas Drilling