Odfjell Drilling Ltd./Nkr ODL
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Odfjell Drilling Ltd.
Odfjell Drilling Ltd. is a company operating within the oil and gas industry, primarily focusing on providing offshore drilling services. The company offers a range of services including mobile offshore drilling units, technology-driven operations, and well services. Established in 1973, Odfjell Drilling is headquartered in Bergen, Norway. The company operates in several regions, with a significant presence in the North Sea and additional operations in international waters. Odfjell Drilling leverages advanced technology and a strong safety record, contributing to its strategic position in the offshore drilling market.
- Ticker
- Nkr ODL
- Sector
- Energy
- Primary listing
- XOSL
- Employees
- 1,648
- Headquarters
- Aberdeen, United Kingdom
- Website
- www.odfjelldrilling.com
ODL Metrics
BasicAdvanced
kr 24B
11.65
kr 8.67
-
kr 8.89
8.80%
Price and volume
Market cap
kr 24B
52-week high
kr 112.00
52-week low
kr 76.20
Average daily volume
303K
Dividend rate
kr 8.89
Financial strength
Current ratio
1.149
Quick ratio
0.724
Long term debt to equity
0.583
Total debt to equity
0.658
Dividend payout ratio (TTM)
98.94%
Interest coverage (TTM)
3.86%
Profitability
EBITDA (TTM)
5,808.604
Gross margin (TTM)
100.00%
Net profit margin (TTM)
19.82%
Operating margin (TTM)
29.45%
Effective tax rate (TTM)
10.61%
Revenue per employee (TTM)
kr 6,431,220
Management effectiveness
Return on assets (TTM)
8.76%
Return on equity (TTM)
15.38%
Valuation
Price to earnings (TTM)
11.649
Price to revenue (TTM)
2.269
Price to book
17.12
Price to tangible book (TTM)
17.16
Price to free cash flow (TTM)
-16.734
Free cash flow yield (TTM)
-5.98%
Free cash flow per share (TTM)
-6.036
Dividend yield (TTM)
8.80%
Growth
Revenue change (TTM)
32.26%
Earnings per share change (TTM)
57.67%
3-year revenue growth (CAGR)
17.16%
10-year revenue growth (CAGR)
5.16%
3-year earnings per share growth (CAGR)
-0.74%
10-year earnings per share growth (CAGR)
13.40%
3-year dividend per share growth (CAGR)
85.82%
What the Analysts think about ODL
Analyst ratings (Buy, Hold, Sell) for Odfjell Drilling Ltd. stock.
Analyst projections of the future price of Odfjell Drilling Ltd. stock.
Bulls say / Bears say
Vår Energi’s three-year Deepsea Bergen award is worth an estimated US$518 million and extends firm work to early 2031, with four further one-year options. The contract gives the company unusually long revenue visibility on a key rig. (Odfjell Drilling)
The fleet-wide backlog has grown to US$2.5 billion, and all five owned rigs have firm work through at least the end of 2027. This limits near-term exposure to idle rigs while newer contracts build out the order book. (Odfjell Drilling)
Odfjell reduced net debt to US$857 million and maintained leverage at 1.6 times, while raising its quarterly dividend to US$0.27 per share. The combination of lower debt and a substantial cash return supports the shareholder case if operations remain steady. (Odfjell Drilling)
Operational disruption weighed on the quarter: financial utilisation was 89%, and the Deepsea Atlantic incident cut Q3 revenue by US$19 million versus a year earlier. Downtime at other rigs added to the shortfall, showing how a small fleet can be vulnerable to operating interruptions. (Finansavisen, Odfjell Drilling)
Reported Q2 EBITDA included a US$32 million positive effect from insurance proceeds and related accounting items; without those effects, EBITDA would have been US$129 million rather than US$162 million. Headline earnings therefore overstate the quarter’s underlying operating contribution. (Odfjell Drilling)
The US$64.7 million quarterly dividend exceeds Q3 net profit of US$56 million, while net debt remains US$857 million. If earnings weaken or another rig disruption occurs, the high distribution could leave less room to reduce debt or absorb shocks. (Odfjell Drilling)
Data summarised monthly by Lightyear AI. Last updated on 3 Nov 2026.
ODL Financial Performance
Revenues and expenses
ODL Earnings Performance
Company profitability
Upcoming events
Funds containing ODL
Fund name | Fund size | Nkr ODL weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.08% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.08% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.