Shelf Drilling, Ltd.

Oslo Stock Exchange SHLF.OL

Shelf Drilling, Ltd. Gross Profit Margin for the year ending December 31, 2023: 90.83%

Shelf Drilling, Ltd. Gross Profit Margin is 90.83% for the year ending December 31, 2023, a -0.25% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Shelf Drilling, Ltd. Gross Profit Margin for the year ending December 31, 2022 was 91.05%, a 4.06% change year over year.
Shelf Drilling, Ltd. Gross Profit Margin for the year ending December 31, 2021 was 87.50%, a -0.63% change year over year.
Shelf Drilling, Ltd. Gross Profit Margin for the year ending December 31, 2020 was 88.06%, a 2.77% change year over year.
Shelf Drilling, Ltd. Gross Profit Margin for the year ending December 31, 2019 was 85.68%, a -0.20% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Oslo Stock Exchange: SHLF.OL

Shelf Drilling, Ltd.

CEO	Mr. Gregory O'Brien
IPO Date	June 25, 2018
Location	United Arab Emirates
Headquarters	One JLT
Employees	2,835
Sector	Energy
Industries Offshore Drilling Drilling

Description

Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, and West Africa. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells. It serves government owned or controlled energy companies, and publicly listed global integrated oil companies or independent exploration and production companies. As of December 31, 2021, it owned 30 independent-leg cantilever jack-up rigs. Shelf Drilling, Ltd. was incorporated in 2012 and is headquartered in Dubai, the United Arab Emirates.

Key trends

Past 5 years