Added to YB: 2025-09-10
Pitch date: 2025-09-08
NOL.OL [neutral]
Northern Ocean Ltd.
+44.19%
current return
Author Info
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Company Info
Northern Ocean Ltd. provides offshore contract drilling services for the oil and gas industry worldwide.
Market Cap
NOK 238.1M
Pitch Price
NOK 6.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.17
P/E
-3.40
EV/Sales
3.69
Sector
Energy Equipment and Services
Category
turnaround
Raging Bull Investments | Idea Update - 9/8/2025 - Northern Ocean Ltd.
NOL.OL (update): Microcap driller w/ 2 best-in-class rigs, replacement costs rising. Mgmt cut admin costs 40% YoY. Seeking short-term work for Mira until long-term West Africa opps open 2026+. Positioning for debt refinancing. Whether run for cash or acquired, strong upside potential.
Read full article (1 min)