Shelf Drilling Ltd (SHLF)

Currency in NOK
18.44
0.00(0.00%)
Closed·
Showing Shelf Drilling historical data. For real-time data please try another search
Fair Value
Day's Range
18.4418.48
52 wk Range
4.4318.48
Key Statistics
Prev. Close
18.44
Open
18.46
Day's Range
18.44-18.48
52 wk Range
4.43-18.48
Volume
-
Average Volume (3m)
579.93K
1-Year Change
85.3266%
Book Value / Share
17.91
Fair Value
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Fair Value Upside
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SHLF Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
8.17
Downside
-55.69%
Members' Sentiments
Bearish
Bullish
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Shelf Drilling Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Sell
Moving Averages
Neutral

Shelf Drilling Ltd Company Profile

Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of its own fleet and related equipment. It also provides catering, additional equipment and personnel, and consumables or accommodations at the request of the customer using third party vendors. In addition, the company owns various independent-leg cantilever jack-up rigs. It serves government owned or controlled energy companies; and publicly listed global integrated oil companies or independent exploration and production companies. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates. As of November 25, 2025, Shelf Drilling, Ltd. operates as a subsidiary of ADES International Holding Ltd.

Shelf Drilling Ltd Earnings Call Summary for Q4/2024

  • Q4 2024 adjusted revenue fell 15% to $225M, but stock rose 4.1% to $8.52 on operational efficiency and strategic initiatives
  • Effective utilization improved to 80% in Q4 from 77% in Q3; average day rate increased to $88,000
  • Full-year 2024 adjusted revenue: $972M; adjusted EBITDA: $351M; current ratio: 1.45
  • 2025 guidance: consolidated adjusted EBITDA between $330M-$380M; improved revenue and utilization expected in H2
  • CEO emphasized strong long-term jackup market fundamentals; potential rig suspensions in Saudi Arabia pose revenue risk
Last Updated: 2025-03-03, 10:14 a/m
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Compare SHLF to Peers and Sector

Metrics to compare
SHLF
Peers
Sector
Relationship
P/E Ratio
4.0x3.8x6.2x
PEG Ratio
0.070.010.00
Price/Book
1.0x1.7x1.1x
Price / LTM Sales
0.5x1.3x1.4x
Upside (Analyst Target)
−55.8%−8.4%10.8%
Fair Value Upside
Unlock−1.9%5.4%Unlock

Analyst Ratings

0 Buy
1 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 8.17
(-55.69% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Earnings

Latest Release
Nov 10, 2025
EPS / Forecast
-0.0104 / -0.0196
Revenue / Forecast
214.56M / 215.37M
EPS Revisions
Last 90 days

SHLF Income Statement

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