Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Dolphin Drilling AS operates as a harsh environment drilling contractor for the offshore oil and gas industry. The company owns a fleet of three mobile offshore drilling units. Its onshore locations in Norway, Scotland, Brazil, Nigeria, and Mexico. Dolphin Drilling AS was founded in 1965 and is headquartered in Sandnes, Norway.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is of fair value on EV/EBITDA.
Target Price
The average target price of DDRIL.OL is 2.9 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc
Buy
Sell