Shelf Drilling, Ltd. (SHLLF) Research

Shelf Drilling, Ltd., operating through its various subsidiaries, is an offshore drilling specialist concentrating on shallow-water environments. The company's geographical reach extends across the Middle East, North Africa, the Mediterranean basin, Southeast Asia, India, and West Africa. It supplies both the necessary equipment and services for the full spectrum of oil and natural gas well operations, covering drilling, completion, ongoing upkeep, and ultimate decommissioning. Its client base is broad, encompassing state-affiliated energy companies, publicly traded international integrated oil companies, and independent exploration and production ventures. As of December 31, 2021, Shelf Drilling's assets included a fleet of 30 independent-leg cantilever jack-up rigs. The firm was founded in 2012 and maintains its global headquarters in Dubai, United Arab Emirates.

Market snapshot

Symbol
SHLLF
Price
$1.70
Day change
0.00%
Market cap
$487.3M
P/E ratio
9.95x
52-week range
0.4485-1.86
Sector
Energy
Industry
Oil & Gas Drilling

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