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 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 the company’s owned 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. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. The company owns various independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.
Metrics to compare | SHLF | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSHLFPeersSector | |
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P/E Ratio | 29.1x | −1.0x | 4.8x | |
PEG Ratio | 0.22 | 0.04 | 0.00 | |
Price/Book | 1.2x | 1.4x | 1.1x | |
Price / LTM Sales | 0.4x | 1.1x | 1.2x | |
Upside (Analyst Target) | 90.5% | 55.0% | 29.8% | |
Fair Value Upside | Unlock | 4.0% | 7.9% | Unlock |