Odfjell Drilling is an offshore drilling contractor that owns and operates mobile offshore drilling units, with a focus on harsh-environment and deepwater markets. Its fleet and services support oil and gas exploration and production for energy companies, particularly in regions such as the North Sea. Revenue comes mainly from day-rate contracts for rigs and related well services. The business is capital-intensive and tied to offshore drilling activity rather than onshore shale or pure oil production.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 125.3 | — | 15.4 | -35% |
| Q1 2025 | 115.1 | — | 30.7 | 116.1% |
| Q2 2025 | 108 | — | 41.7 | 148.4% |
| Q4 2025 | 143 | 14.1% | 45.4 | 194.8% |
| Q1 2026 | 147.5 | 28.1% | 73.3 | 138.8% |
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Other companies on Oslo: Aker Solutions ASA (AKSO), Capital Tankers Corp. (CAPT), Kitron ASA (KIT), Atea ASA (ATEA), Entra ASA (ENTRA), Austevoll Seafood ASA (AUSS)