Dolphin Drilling ASA Valuation

Dolphin Drilling Investor Information

The company has price-to-book (P/B) ratio of 0.17. Some equities with similar Price to Book (P/B) outperform the market in the long run. Dolphin Drilling ASA recorded a loss per share of 1.52. The entity last dividend was issued on the 29th of May 2014. Dolphin Drilling ASA, together with its subsidiaries, provides exploration and development services to the oil and gas industry in Europe, Asia, the Americas, and Africa. Dolphin Drilling ASA was founded in 1965 and is headquartered in Oslo, Norway. Fred Olsen is traded on BATS Exchange in USA.The quote for Dolphin Drilling ASA is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Dolphin Drilling ASA call the company at 47 22 34 10 00 or check out http://dolphindrilling.no.

Dolphin Drilling Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Dolphin Drilling has an asset utilization ratio of 6.88 percent. This suggests that the Company is making $0.0688 for each dollar of assets. An increasing asset utilization means that Dolphin Drilling ASA is more efficient with each dollar of assets it utilizes for everyday operations.

Dolphin Drilling Profitability Analysis

The company reported the revenue of 145.48 M. Net Loss for the year was (504.23 M) with profit before overhead, payroll, taxes, and interest of 68.47 M.

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

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If you are still planning to invest in Dolphin Drilling ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dolphin Drilling's history and understand the potential risks before investing.