Shelf Drilling (Norway) Today

SHLF Stock   12.77  0.69  5.13%   

Performance

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Odds Of Distress

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Shelf Drilling is selling for 12.77 as of the 21st of November 2024. This is a 5.13 percent decrease since the beginning of the trading day. The stock's lowest day price was 12.64. Shelf Drilling has 52 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Shelf Drilling are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.

Moving together with Shelf Stock

  0.74BORR Borr DrillingPairCorr
  0.71DVD Deep Value DrillerPairCorr

Moving against Shelf Stock

  0.59DNB DnB ASAPairCorr
  0.58NOL Northern Ocean Earnings Call TomorrowPairCorr
  0.41PNOR Petronor EPPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Shelf Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Shelf Drilling's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shelf Drilling or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaOil And Gas (View all Themes)
Business ConcentrationOil And Gas, Oil & Gas Drilling, Energy (View all Sectors)
Shelf Drilling (SHLF) is traded on Oslo Stock Exchange in Norway and employs 2,112 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shelf Drilling's market, we take the total number of its shares issued and multiply it by Shelf Drilling's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Shelf Drilling operates under Energy sector and is part of Oil & Gas Drilling industry. The entity has 194.01 M outstanding shares. Shelf Drilling has accumulated about 232.31 M in cash with (16.24 M) of positive cash flow from operations.
Check Shelf Drilling Probability Of Bankruptcy
Ownership Allocation
Shelf Drilling shows a total of 194.01 Million outstanding shares. 30% of Shelf Drilling outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Shelf Ownership Details

Shelf Drilling Risk Profiles

Although Shelf Drilling's alpha and beta are two of the key measurements used to evaluate Shelf Drilling's performance over the market, the standard measures of volatility play an important role as well.

Shelf Stock Against Markets

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Shelf Drilling Corporate Management

Elected by the shareholders, the Shelf Drilling's board of directors comprises two types of representatives: Shelf Drilling inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shelf. The board's role is to monitor Shelf Drilling's management team and ensure that shareholders' interests are well served. Shelf Drilling's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Shelf Drilling's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Shelf Stock

Shelf Drilling financial ratios help investors to determine whether Shelf Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shelf with respect to the benefits of owning Shelf Drilling security.