1. Norway Stocks

  2. •

    Industrial services

  3. •

    Contract drilling
Dolphin Drilling AS

Dolphin Drilling AS

0.15
EUR
+0.00
(-1.96%)
-0.12EPS
89.49MMarket Cap
Nov 27Next Earn
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4,461.7
5,069.13
4,915.46
4,873.06
4,594.76
3,395.44
891.36
299.48
13,595.41
93.61
130.81
108.73
3.43
0.84
Basic EPS, GAAP
1,438.52
1,343.11
1,237.75
482.96
-1,444.06
-430.69
-1,056.62
-2,075.17
-8,754.78
-304.85
-78.25
-112.66
-1.37
-0.14
Free Cash Flow per Basic Share
1,243.59
759.16
1,136.34
-2,247.84
436.37
1,520.01
629.95
-609.67
-3,444.14
-146.45
-144.12
-63.34
-0.86
-0.17
Dividend per Share
913.79
976.91
934.3
916.23
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5,320.53
20.56
21.68
19.74
14.57
12.88
8.95
1.04
39.53
185.18
149.22
43.15
0.14
0.19
Tangible Book Value per Share
5,252.56
20.29
21.44
19.54
14.4
12.88
8.95
1.04
33.57
180.85
147.34
22.08
0.06
0.17
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
52
209
Sales/Revenue/Turnover
1,084
1,232
1,194
1,184
1,116
825
217
73
121
21
73
97
179
174
Operating Margin (%)
35.24
31.78
27.67
15.8
25.34
25.27
-54.29
-334.5
-16.37
-297.52
-28.03
-49.31
-7.35
-1.61
Depreciation Expense
214
242
242
329
354
290
222
210
47
11
-13
21
21
19
Net Income, GAAP
350
326
301
117
-351
-105
-257
-504
-78
-68
-44
-100
-71
-28
Effective Tax Rate (%)
0.92
4.34
5.65
20.35
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
32.24
26.5
25.18
9.91
-31.43
-12.68
-118.54
-692.92
-64.4
-325.64
-59.82
-103.61
-39.86
-16.24
Working Capital
365
-80
-296
-139
171
445
266
-549
33
27
39
1
-17
52
LT Debt
742
752
662
1,360
1,002
880
686
- -
69
1
1
46
61
67
Total Equity
1,293
1,362
1,437
1,308
966
853
593
69
19
84
109
42
22
77
Return on Invested Capital (%)
17.25
16.73
13.93
4.58
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
16.83
15.69
14.53
5.99
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
28.28
24.58
21.49
8.55
-30.87
-11.51
-35.5
-152.35
-178.44
-132.66
-45.37
-132.61
-222.54
-63.38

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
26
15
20
LT Borrowings
61
76
67
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
159
159
407
Market Capitalization
- -
43
102

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
77
89
108
Cash, Cash Equivalents & STI
26
22
51
Accounts Receivable, Net
23
28
24
Inventories
3
25
4
Total Current Liabilities
94
69
56
Payables & Accruals
- -
- -
- -
ST Debt
26
15
20
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.33%
39.79%
-47.6%
Free Cash Flow
-40.04%
4.77%
-20.18%
Net Income, GAAP
-32.17%
-6.65%
-29.06%
Sales/Revenue/Turnover
17.69%
69.94%
84.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10
20
17
50
97
2025
46
47
38
47
179
2026
45
45
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.49
-1.5
-3.22
-4.19
-112.66
2025
-0.87
-0.26
-0.17
-0.01
-1.37
2026
-0.04
-0.01
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Michael Boyd
Full Time Employees
222
Sector
Industrial services
Industry
Contract drilling
Address
Vestre Svanholmen 12 Sandnes RO Norway 4313
IPO Date
Oct 28, 2022
Website
dolphindrilling.com
Similar Companies
SLB Limited (NYSE:SLB)
Transocean Ltd (Switzerland) (NYSE:RIG)
Baker Hughes Company (NASDAQ:BKR)
Borr Drilling Limited (NYSE:BORR)
Helmerich & Payne, Inc. (NYSE:HP)
Valaris Limited (NYSE:VAL)
Business
Dolphin Drilling AS (DDRIL.OL) operates as an offshore drilling contractor, owning and operating a fleet of harsh environment semi-submersible rigs including the Blackford Dolphin (deepwater capable up to 1,829 meters), Borgland Dolphin, Bideford Dolphin, and Paul B. Loyd Jr., all enhanced Aker H3 and H4 designs suited for exploration, production, and plug-and-abandonment drilling in water depths from 450 to 1,829 meters; the company provides contract drilling services to oil and gas operators, emphasizing safety, efficiency, and sustainability in challenging environments. Founded in 1965 and headquartered in Sandnes, Norway, with operations spanning the North Sea (Norway, UK), India, Nigeria, and other global regions, Dolphin Drilling serves major energy firms through long-term contracts and focuses on energy-efficient operations across its segments. Recent developments include a November 2025 contract extension for the Blackford Dolphin with Oil India Limited by 120 days to May 2026 for drilling off India's Andaman Islands, a long-term agreement with Harbour Energy for the Paul B. Loyd Jr. through 2028 plus options, reactivation of the Borgland Dolphin for a late-2026 Repsol contract in Spanish waters, a $15 million equity offering post-Q3 2025, a refinancing with Svelland Capital acquiring a 49% stake in 2025, and acquisition of the Paul B. Loyd Jr. and Transocean Leader from Transocean in 2023-2024 to expand its UK North Sea presence.