Shelf Drilling, Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 853.9 million compared to USD 662.1 million a year ago. Revenue was USD 908 million compared to USD 695.2 million a year ago.

Net loss was USD 7.6 million compared to USD 28.8 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.18 a year ago.