Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Northern Drilling. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Northern Drilling's earnings available for a low price, and how does
this compare to other companies in the same industry?
Northern Drilling's earnings are expected to grow significantly at over 20% yearly.
Northern Drilling's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Northern Drilling's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Northern Drilling's finances.
The net worth of a company is the difference between its assets and liabilities.
Northern Drilling's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Northern Drilling's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Northern Drilling's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Scott McReaken serves as Chief Executive Officer at Northern Ocean Ltd. He has been the Chief Executive Officer at Sevan Drilling Limited since November 15, 2013. Mr. McReaken has been the Chief Financial Officer of North Atlantic Management AS at North Atlantic Drilling Limited since August 2015. He has been Chief Executive Officer at Northern Drilling Ltd since December 3. 2018. He served as Chief Financial Officer of Sevan Drilling Limited since December 21, 2013 and served as its Managing Director. He has worked Sevan Drilling since July 2012 as the Director of Finance for the Americas Region. Most recently, Mr. McReaken was responsible for supervising operations and financing for Sevan Drilling on behalf of Seadrill. Mr. McReaken is instrumental to the timely execution and implementations of the management service agreements. Before working in the contract drilling industry, he provided audit, assurance and advisory services, as an internal auditor and at Arthur Andersen. He held various management positions in Vantage Drilling and Pride International in Houston, Texas and Luanda, Angola. Mr. McReaken has a strong background within the Seadrill Group where he has held various management positions. In addition, he has held positions in other offshore drilling contractors in Norway, USA, West Africa and Latin America. He serves as Secretary-Treasurer at the International Association of Drilling Contractors (IADC). He has been a Director of Sevan Drilling Limited since December 2016. Mr. McReaken holds a Bachelor of Business Administration in Accounting from The University of Texas at Austin and is a Certified Public Accountant and Certified Internal Auditor.
Insufficient data for Scott to compare compensation growth.
Insufficient data for Scott to establish whether their remuneration is reasonable compared to companies of similar size in Norway.
Chief Executive Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Northern Drilling board of directors is less than 3 years, this suggests a new board.
Board of Directors
Chairman of the Board
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Should You Be Concerned About Northern Drilling Ltd's (OB:NODL) Shareholders?
I am going to take a deep dive into Northern Drilling Ltd’s (OB:NODL) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … OB:NODL Ownership Summary July 19th 18
April Insights Into Oil & Gas Stocks: Northern Drilling Ltd (OB:NODL)
Check out our latest analysis for Northern Drilling What’s the catalyst for Northern Drilling's sector growth? … OB:NODL Future Profit Apr 11th 18 Over the past couple of years, the energy sector delivered a disappointing 40% negative growth rate, driven by the oil price collapse. … If Northern Drilling has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the energy industry.
Who Are The Largest Shareholders In Northern Drilling Limited (OB:NODL)?
In this article, I'm going to take a look at Northern Drilling Limited’s (OB:NODL) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Thus, investors should dig deeper into NODL's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: NODL's considerably high level of institutional ownership calls for further analysis into its margin of safety.
When Will Northern Drilling Limited (OB:NODL) Breakeven?
Check out our latest analysis for Northern Drilling NODL is bordering on breakeven, according to analysts. … OB:NODL Past Future Earnings Mar 12th 18 I’m not going to go through company-specific developments for NODL given that this is a high-level summary, but, bear in mind that typically an oil and gas business has lumpy cash flows which are contingent on the natural resource and stage at which the company is operating. … For a more comprehensive look at NODL, take a look at NODL’s company page on Simply Wall St.
Northern Drilling Ltd., a drilling contractor, focuses on acquiring and operating offshore drilling rigs for oil and gas industry. It owns two semi-submersible drilling rigs, as well as owns two drillships and an option to acquire a third drillship. The company was incorporated in 2017 and is based in Hamilton, Bermuda.
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