OTC · Oil & Gas Drilling

Northern Ocean Ltd. (NTNOF) Stock

$0.82 +0.00% OTC: NTNOF Energy

Northern Ocean Ltd. operates as a drilling contractor, delivering specialized offshore drilling services to the global oil and gas sector.

Valuation

MetricValue
Price$0.82
Market Cap$248.64M
P/E Ratio-1.91
P/B Ratio0.74
P/S Ratio1.02
EPS (TTM)$-0.34
52-Week High$1.32
52-Week Low$0.56
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-30.96%
ROA-24.28%
ROCE-22.31%
Gross Margin-22.04%
Operating Margin-30.66%
Net Margin-48.84%
Debt/Equity0.31
Current Ratio0.25

Annual Financials (USD)

Metric20212022202320242025
Revenue$68.0M$22.0M$235.0M$264.0M$279.0M
Operating Profit$-50.0M$-64.0M$-24.0M$-10.0M$-46.0M
Net Profit$-11.0M$-93.0M$-71.0M$-66.0M$-103.0M
EPS$-0.17$-0.80$-0.39$-0.23$-0.34
Op Margin-73.8%-295.3%-10.0%-3.9%-16.4%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$978.0M$1.1B$1.1B$1.0B$507.0M
Total Liabilities$482.0M$547.0M$619.0M$585.0M$162.0M
Cash$5.0M$67.0M$54.0M$43.0M$38.0M
Borrowings$470.0M$482.0M$542.0M$531.0M$100.0M

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-22.0M$-53.0M$-31.0M$-19.0M$4.0M
Investing Cash Flow$0$-9.0M$-98.0M$-111.0M$364.0M
Financing Cash Flow$0$-1.0M$0$-1.0M$0
Net Cash Flow$-22.0M$57.0M$-18.0M$-12.0M$-5.0M
Free Cash Flow$-22.0M$-57.0M$-80.0M$-75.0M$-53.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.05
EV / EBITDA-15.57
FCF Yield-29.22%
Quick Ratio0.25
Interest Coverage-1.64
Return 1Y47.22%
Return 3Y-25.45%
Return 5Y

Ownership

Insiders Held60.99%
Institutions Held2.49%
Institutions Float Held6.39%
Institutional HolderSharesReport Date
Dimensional ETF Trust-Dimensional World ex U.S. Core Equity 2 ETF70,8732026-04-30
DFA INVESTMENT TRUST CO-The Continental Small Company Series63,7252026-04-30
DFA INVESTMENT DIMENSIONS GROUP INC-Intl Social Core Eqy. PORT.46,4672026-04-30
DFA INVESTMENT DIMENSIONS GROUP INC-DFA Intl Small Cap Value PORT.45,3612026-04-30
DFA INVESTMENT DIMENSIONS GROUP INC-World ex U.S. Core Eqy. PORT.39,9632026-04-30

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ARHVFArcher Limited $2.50 +0.00% -30.01 $248.74M 10.80%
CFWFFCalfrac Well Services Ltd. $4.55 +3.17% 13.83 $376.35M 0.00%
CRNZFCapricorn Energy PLC $5.07 +0.00% 18.58 $348.14M 0.00%
GASXFNG Energy International Corp. $0.94 +2.19% 6.83 $256.42M 0.00%
LNDNFOrrön Energy AB (publ) $0.75 +0.00% -6.66 $214.43M 0.00%

About Northern Ocean Ltd.

Northern Ocean Ltd. operates as a drilling contractor, delivering specialized offshore drilling services to the global oil and gas sector. This enterprise was founded in 2017 and maintains its headquarters in Hamilton, Bermuda.

Northern Ocean Ltd. is headquartered in BM.

Northern Ocean Ltd. (NTNOF) stock trades at $0.82 with a market capitalization of $248.64M. The stock is valued at a price-to-earnings (P/E) ratio of -1.91, price-to-book of 0.74, price-to-sales of 1.02. Over the past 52 weeks the stock has ranged between $0.56 and $1.32, and currently trades 37.9% below its 52-week high.

On profitability, Northern Ocean Ltd. generates a return on equity (ROE) of -30.96%, return on capital employed of -22.31%, an operating margin of -30.66%, a net profit margin of -48.84%.

Official website: www.northernocean.no

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