Northern Ocean Ltd.

Northern Ocean Ltd.verified

NOL.OL

Price:

$8.56

Market Cap:

$257.28M

Northern Ocean Ltd., a drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

Industry

Oil & Gas Drilling

IPO Date

2020-02-27

Stock Exchange

OSL

Ticker

NOL.OL

The Enterprise Value as of December 2025 (TTM) for Northern Ocean Ltd. (NOL.OL) is 777.25M

According to Northern Ocean Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 777.25M. This represents a change of 28.39% compared to the average of 605.37M of the last 4 quarters.

Northern Ocean Ltd. (NOL.OL) Historical Enterprise Value (quarterly & annually)

How has NOL.OL Enterprise Value performed in the past?

The mean historical Enterprise Value of Northern Ocean Ltd. over the last ten years is 591.59M. The current 777.25M Enterprise Value has changed 13.04% with respect to the historical average. Over the past ten years (40 quarters), NOL.OL's Enterprise Value was at its highest in in the September 2023 quarter at 772.99M. The Enterprise Value was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

591.59M

Median

597.20M

Minimum

513.14M

Maximum

683.78M

Northern Ocean Ltd. (NOL.OL) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Northern Ocean Ltd. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.87%

Maximum Annual Enterprise Value = 683.78M

Minimum Annual Increase = -10.78%

Minimum Annual Enterprise Value = 513.14M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024619.27M-9.43%
2023683.78M29.87%
2022526.51M2.61%
2021513.14M-10.78%
2020575.13M-8.96%

Northern Ocean Ltd. (NOL.OL) Average Enterprise Value

How has NOL.OL Enterprise Value performed in the past?

The current Enterprise Value of Northern Ocean Ltd. (NOL.OL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

609.85M

5-year avg

583.56M

10-year avg

591.59M

Northern Ocean Ltd. (NOL.OL) Enterprise Value vs. Peers

How is NOL.OL’s Enterprise Value compared to its peers?

Northern Ocean Ltd.’s Enterprise Value is greater than Deep Value Driller AS (296.31M), less than OKEA Asa (2.52B), less than Odfjell Technology Ltd. (3.21B), greater than Prosafe SE (154.64M), less than Reach Subsea ASA (3.26B), greater than Panoro Energy ASA (324.38M), greater than NorAm Drilling AS (133.72M), greater than Dolphin Drilling AS (96.05M), greater than ABL Group ASA (122.10M), greater than Questerre Energy Corporation (110.34M),

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Frequently asked questions❓

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What is Northern Ocean Ltd.'s Enterprise Value?

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What is the 5-year average Enterprise Value for Northern Ocean Ltd. (NOL.OL)?

How does the current Enterprise Value for Northern Ocean Ltd. (NOL.OL) compare to its historical average?