Northern Ocean Ltd.

Northern Ocean Ltd.verified

NTNOF

Price:

$0.6

Market Cap:

$181.93M

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

2023-04-24

Stock Exchange

OTC

Ticker

NTNOF

The Enterprise Value as of December 2025 (TTM) for Northern Ocean Ltd. (NTNOF) is 701.90M

According to Northern Ocean Ltd.’s latest financial reports and current stock price. The company's current Enterprise Value is 701.90M. This represents a change of 4.76% compared to the average of 669.99M of the last 4 quarters.

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

How has NTNOF Enterprise Value performed in the past?

The mean historical Enterprise Value of Northern Ocean Ltd. over the last ten years is 576.29M. The current 701.90M Enterprise Value has changed 12.08% with respect to the historical average. Over the past ten years (40 quarters), NTNOF's Enterprise Value was at its highest in in the September 2023 quarter at 717.95M. The Enterprise Value was at its lowest in in the June 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

576.29M

Median

537.68M

Minimum

486.77M

Maximum

688.16M

Northern Ocean Ltd. (NTNOF) 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 = 27.18%

Maximum Annual Enterprise Value = 688.16M

Minimum Annual Increase = -2.00%

Minimum Annual Enterprise Value = 486.77M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2024674.42M-2.00%
2023688.16M27.18%
2022541.11M1.28%
2021534.25M0.23%
2020533.02M9.50%

Northern Ocean Ltd. (NTNOF) Average Enterprise Value

How has NTNOF Enterprise Value performed in the past?

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

3-year avg

634.56M

5-year avg

594.19M

10-year avg

576.29M

Northern Ocean Ltd. (NTNOF) Enterprise Value vs. Peers

How is NTNOF’s Enterprise Value compared to its peers?

Northern Ocean Ltd.’s Enterprise Value is greater than Archer Limited (660.69M), greater than Vantage Drilling International (173.68M), less than Tullow Oil plc (2.42B), greater than Orrön Energy AB (publ) (239.13M), greater than Calfrac Well Services Ltd. (612.44M), greater than Pardee Resources Company (160.22M), greater than Pine Cliff Energy Ltd. (364.90M), greater than Capricorn Energy PLC (159.33M), greater than Cavvy Energy Ltd. (243.96M), greater than NG Energy International Corp. (266.04M),

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Frequently asked questions❓

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