The Drilling Company of 1972 A/S provides offshore drilling rig services to oil and gas companies worldwide. The company operates through North Sea Jack-Up Rigs and International Floaters segment. It owns and operates a fleet of 19 offshore drilling rigs, including 12 jack-up rigs, 4 semi-submersible rigs, and 4 drillships. The company was founded in 1962 and is headquartered in Kongens Lyngby, Denmark. As of September 8, 2022, The Drilling Company of 1972 A/S operates as a subsidiary of Noble Corporation.
Research context
The Drilling Company of 1972 A/S appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Energy
- Industry
- Oil & Gas Drilling
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5 years, 7 months ago
The Drilling Company of 1972 A/S is currently in a long term uptrend where the price is trading 13.1% above its 200 day moving average.
From a valuation standpoint, the stock is 98.2% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.5.
Finally, its free cash flow fell by 79.5% to $22M since the same quarter in the previous year.
Based on the above factors, The Drilling Company of 1972 A/S gets an overall score of 2/5.