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MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  The Drilling Company of 1972 A/S    DRLCO   DK0061135753

THE DRILLING COMPANY OF 1972 A/S

(DRLCO)
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Drilling of 1972 A/S : Maersk Drilling selected for two-rig Suriname campaign by Total

11/24/2020 | 01:13am EST

The CLOA is conditional upon finalisation of the formal contract as well as certain other customary conditions. Maersk Drilling will provide an update upon conclusion of a formal contract.

'We're delighted to get this opportunity to add further to our long-standing relationship with Total through a two-rig contract, building on our previous collaboration on deepwater exploration projects and on Maersk Drilling's recent experience with starting up operations in Suriname for Mærsk Developer,' says COO Morten Kelstrup of Maersk Drilling.

Mærsk Developer is a DSS-21 column-stabilised dynamically positioned semi-submersible rig, able to operate in water depths up to 10,000 ft. It was delivered in 2009 and is currently operating offshore Suriname.

Maersk Valiant is a high-specification 7th generation drillship with integrated MPD capability which was delivered in 2013. It is currently warm-stacked in Aruba after finishing a campaign in Mexico earlier this year.

Disclaimer

Maersk Drilling A/S published this content on 24 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 06:12:02 UTC


© Publicnow 2020
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Financials (USD)
Sales 2020 1 041 M - -
Net income 2020 -1 624 M - -
Net Debt 2020 1 036 M - -
P/E ratio 2020 -0,80x
Yield 2020 -
Capitalization 1 287 M 1 288 M -
EV / Sales 2020 2,23x
EV / Sales 2021 2,47x
Nbr of Employees 2 850
Free-Float 48,9%
Chart THE DRILLING COMPANY OF 1972 A/S
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The Drilling Company of 1972 A/S Technical Analysis Chart | DRLCO | DK0061135753 | MarketScreener
Technical analysis trends THE DRILLING COMPANY OF 1972 A/S
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Average target price 31,73 $
Last Close Price 31,18 $
Spread / Highest target 52,9%
Spread / Average Target 1,77%
Spread / Lowest Target -37,2%
EPS Revisions
Managers and Directors
NameTitle
Jørn Madsen Chief Executive Officer
Claus Michael Hemmingsen Chairman
Morten Kelstrup Chief Operating Officer
Christine J. Morris Chief Financial Officer
Brian Nygaard Chief Process & Information Officer
Sector and Competitors