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DDRIL.OL

STRONG SELLFLAGGet insider-trade alerts

Dolphin Drilling AS · Energy · Norway · $100M · Avg Vol: $127K/d

6
StockRank
Q
18
V
41
M
20
P/E (TTM)
ROE
-190.9%
D/E
2.6x
Dividend %
AI CONVICTION THESIS

Dolphin Drilling owns and operates mid-water semi-submersible drilling rigs. The structural floor in energy prices and the search for non-Russian offshore supply create a strong macro tailwind for offshore drilling dayrates. However, the company has a weak balance sheet and operational execution issues, making it a highly speculative vehicle rather than a quality compounder.

COMPANY DESCRIPTION

Dolphin Drilling AS is a pioneer in North Sea offshore drilling, operating a fleet of mid-water, harsh-environment semi-submersible drilling rigs. The company focuses on providing cost-efficient, safe, and reliable drilling services to independent and major E&P operators. Its competitive advantage lies in its deep operational track record in harsh environments and the low capital cost basis of its upgraded rig fleet.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGR
Revenue21.0M73.5M96.9M178.6M104.1%
EPS-0.04-0.14-80.84-160.90
Shares406.8M406.8M406.8M406.8M0.0%
Debt68.1M1.9M17.7M83.9M87.4M6.5%
Equity84.4M109.4M42.0M22.0M-36.1%
Op CF-18.2M-72.4M-24.4M-10.9M
Inv CF-14.0M-14.2M-63.4M-34.1M
Fin CF43.7M80.7M96.7M34.8M
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PRICE (1Y)-9.5%
0.250.260.280.290.30May 13Jun 5Jun 25
SMA 50SMA 200
Close
$0.251
RSI (14)
32.2
52W High
$4.52
From 52W High
0.1%

SCORE BREAKDOWN

Quality
18
ROIC
-9.1%12.9
ROE
-190.9%1.1
GP/Assets
-25.1%0.5
Op. Margin
4.3%39.1
FCF/Assets
-226.0%0.6
Piotroski
544.7
Int. Cover
50.0x94.2
D/E Ratio
2.57x6.9
Current Ratio
1.30x50.2
Value
41
P/E (TTM)
N/A
EV/EBITDA
-4.4x25.0
P/FCF
N/A
P/B
0.2x95.5
P/S
0.6x79.5
Div Yield
N/A
Momentum
20
52W High %
6%0.5
RS 6M
-38%7.1
SMA 50/200
1.01x22.9
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+100%59.2
Q Growth
N/A

FUNDAMENTALS

Market Cap
$100M
P/E (Forward)
12.3x
Gross Margin
-3.0%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of DDRIL.OL are excluded.

TickerCompanyMkt CapStockRankSignal
DDRIL.OLDolphin Drilling AS(you)$100M6STRONG SELL
ARCH.OLArcher Limited$235M78BUY
DVD.OLDeep Value Driller AS$192M93STRONG BUY
ALNG.OLALNG ASA$73M17STRONG SELL
EIOF.OLEidesvik Offshore ASA$110M29SELL
REACH.OLReach Subsea ASA$165M28SELL
PRS.OLProsafe SE$154M56HOLD
AKAST.OLAkastor ASA$363M51HOLD
PEN.OLPanoro Energy ASA$352M59HOLD
JACK.OLJacktel AS$109M94STRONG BUY

Peer medians: ROE 9.2% · P/E 14.0x · Gross margin 61.5%

Dolphin Drilling AS (DDRIL.OL) — Stock Score Summary

Dolphin Drilling AS (DDRIL.OL) has a MoatMap StockRank of 6/100 based on Quality (18/100), Value (41/100), and Momentum (20/100) factor scores. The current signal is STRONG SELL. Dolphin Drilling owns and operates mid-water semi-submersible drilling rigs. The structural floor in energy prices and the search for non-Russian offshore supply create a strong macro tailwind for offshore drilling dayrates. However, the company has a weak balance sheet and operational execution issues, making it a highly speculative vehicle rather than a quality compounder.

Dolphin Drilling AS is a pioneer in North Sea offshore drilling, operating a fleet of mid-water, harsh-environment semi-submersible drilling rigs. The company focuses on providing cost-efficient, safe, and reliable drilling services to independent and major E&P operators. Its competitive advantage lies in its deep operational track record in harsh environments and the low capital cost basis of its upgraded rig fleet.

Key Financial Metrics

Price$0.25
Market Cap$100M
P/E (Forward)12.30
Price/Book0.18
Return on Equity-190.9%
Return on Invested Capital-9.1%
Debt/Equity256.86
Gross Margin-3.0%
Operating Margin4.3%
Revenue Growth-2.0%
Free Cash Flow$-49M

Dolphin Drilling AS operates in the Oil & Gas Drilling industry, part of the Energy sector (Norway).

Frequently Asked Questions

What is Dolphin Drilling AS’s (DDRIL.OL) StockRank?
MoatMap’s StockRank for Dolphin Drilling AS (DDRIL.OL) is 6/100, with a Strong Sell signal. It is a composite of Quality (18), Value (41), and Momentum (20) factor ranks across MoatMap’s 20,000+ stock universe.
Does Dolphin Drilling AS have an economic moat?
Dolphin Drilling AS (DDRIL.OL) has a Quality factor score of 18/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Dolphin Drilling AS a buy, hold, or sell?
MoatMap’s current signal for Dolphin Drilling AS (DDRIL.OL) is Strong Sell, based on a StockRank of 6/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Dolphin Drilling AS in?
Dolphin Drilling AS (DDRIL.OL) operates in the Energy sector, specifically the Oil & Gas Drilling industry (Norway).