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Northern Ocean Ltd. Northern Ocean Ltd.

Northern Ocean Ltd.

NOL
Rank in Stocks #17560
Northern Ocean Ltd. provides offshore contract drilling services for the oil... Northern Ocean Ltd. provides offshore contract drilling services for the oil and gas industry worldwide. The company owns and operates two semi-submersible rigs. It also invests in power generation solutions. The company was incorporated in 2017 and is based in Hamilton, Bermuda. Northern Ocean Ltd. is a subsidiary of Hemen Holding Limited.
Share Price
$0.77982682
Market Cap
$236.46M
Change (1 day)
-0.27%
Change (1 year)
23.27%
Country
BM
Trade Northern Ocean Ltd. (NOL)

Category

Energy
P/E ratio for Northern Ocean Ltd. (NOL)
P/E ratio as of 2026 TTM: 0
According to Northern Ocean Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Northern Ocean Ltd. from 2026 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
Not enough data for the provided dates.
P/E ratio for similar companies or competitors
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Patterson-UTI Energy, Inc. Patterson-UTI Energy, Inc.
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How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.