Odfjell Drilling Ltd (ODLO)

Currency in NOK
92.90
-2.40(-2.52%)
Closed·
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High dividend Yield
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Fair Value
Day's Range
92.9095.30
52 wk Range
73.60112.00
Key Statistics
Prev. Close
92.9
Open
95.3
Day's Range
92.9-95.3
52 wk Range
73.6-112
Volume
322.52K
Average Volume (3m)
299.78K
1-Year Change
14.1278%
Book Value / Share
59.46
Fair Value
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Fair Value Upside
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ODLO Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
110.81
Upside
+19.28%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period

Odfjell Drilling Ltd News & Analysis

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Technical Analysis

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

Analyst Ratings

3 Buy
1 Hold
0 Sell
Ratings:
4 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 110.81
(+19.28% Upside)

Odfjell Drilling Ltd Earnings Call Summary for Q2/2026

  • Q2 revenue rose 14.6% YoY to $251M, exceeding forecasts by ~$19.6M despite Deepsea Atlantic downtime; EBITDA hit $162M with 64.5% margin.
  • Net debt declined to $862-863M with liquidity at $308M; quarterly dividend held at $0.25/share, yielding 9.26% amid third year of increases.
  • Firm contract backlog reached $2.1B with fleet contracted through late 2027; management expects new contract announcements for Atlantic and Bergen in 2026.
  • Harsh-environment rig market remains tight at ~90% utilization; management sees limited new supply and upward day-rate pressure above 90% threshold.
  • Deepsea Atlantic returned to service in 106 days post-incident; $35M net cash impact absorbed while maintaining operations and shareholder returns.
Last Updated: 18/08/2026, 13:46
Read Full Transcript

Earnings

Latest Release
18/08/2026
EPS / Forecast
0.23 / 0.16
Revenue / Forecast
250.6M / 231.36M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.93%
Dividend Yield
9.56%
Industry Median 5.98%
Annualised payout
8.88
Paid annually
5-Years Growth
-
Growth Streak

Compare ODLO to Peers and Sector

Metrics to compare
ODLO
Peers
Sector
Relationship
P/E Ratio
10.9x9.8x5.7x
PEG Ratio
0.100.160.00
Price/Book
1.7x1.5x1.1x
Price / LTM Sales
2.2x1.6x1.5x
Upside (Analyst Target)
16.7%8.8%23.4%
Fair Value Upside
Unlock21.0%6.6%Unlock

Odfjell Drilling Ltd. owns and operates mobile offshore drilling units primarily in Norway and Namibia. The company operates through two segments, Own Fleet and External Fleet. It also offers management services to other owners of drilling units, such as operational management, regulatory requirements management, marketing, contract negotiations and client relations, and operation and mobilization preparation services. The company was founded in 1914 and is based in Aberdeen, the United Kingdom.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
36.21M15.10%3.45B
Other Institutional Investors
154.97M64.62%14.77B
Public Companies & Retail Investors
48.62M20.28%4.63B
Total
239.81M100.00%22.85B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Odfjell Partners Holding Ltd.49.85%119,543,83311,392,527
Bank of America Corporation4.82%11,565,4911,102,191

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FAQ

What Is the Odfjell Drilling (Oslo: ODLO) Share Price Today?

The Odfjell Drilling stock price today is 92.90 NOK.

What Stock Exchange Does Odfjell Drilling (ODLO) Trade On?

Odfjell Drilling is listed and trades on the Oslo Stock Exchange.

What Is the Ticker (Stock Symbol) for Odfjell Drilling?

The stock symbol (also called a 'ticker') for Odfjell Drilling is "ODLO."

Does Odfjell Drilling Pay Dividends? What’s The Current ODLO Dividend Yield?

Yes, ODLO Pays Dividends to its Shareholders. The current Odfjell Drilling dividend yield is 9.32%.

What Is the Current Odfjell Drilling Market Capitalisation?

As of today, Odfjell Drilling (Oslo: ODLO) market cap is 22.28B NOK.

What Is Odfjell Drilling's (ODLO) Earnings Per Share (TTM)?

The Odfjell Drilling EPS is currently 0.93 (Trailing Twelve Months).

When Is the Next Odfjell Drilling Earnings Date?

Odfjell Drilling's next earnings report will be released on 03/11/2026.

Is ODLO a Buy or Sell From a Technical Analyst Perspective?

Based on today's Odfjell Drilling moving averages and other technical indicators, the daily buy/sell signal for ODLO stock is Strong Buy.

How Many Times Has Odfjell Drilling Stock Split?

Odfjell Drilling has split 1 times. (See the ODLO stock split history page for full effective split date and price information.)

How Many Employees Does Odfjell Drilling Have?

Odfjell Drilling has 1648 employees, based on their latest Companies House report.

What is the current trading status of Odfjell Drilling (Oslo: ODLO)?

As of 25/08/2026, Odfjell Drilling (ODLO) is trading at a share price of 92.90 NOK, with a previous close of 92.90 NOK. The stock has fluctuated within a day range of 92.90 NOK to 95.30 NOK, while its 52-week range spans from 73.60 NOK to 112.00 NOK.

What Is Odfjell Drilling (ODLO) Price Target According to Analysts?

The average 12-month price target for Odfjell Drilling is 110.81 NOK, with a high estimate of 115.72580322 NOK and a low estimate of 104.87767313 NOK. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +19.28% Upside potential.
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