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 ROE as of December 2025 (TTM) for Northern Ocean Ltd. (NTNOF) is -17.27%

According to Northern Ocean Ltd.’s latest financial reports and current stock price. The company's current ROE is -17.27%. This represents a change of 304.53% compared to the average of -4.27% of the last 4 quarters.

Northern Ocean Ltd. (NTNOF) Historical ROE (quarterly & annually)

How has NTNOF ROE performed in the past?

The mean historical ROE of Northern Ocean Ltd. over the last ten years is -10.04%. The current -17.27% ROE has changed 72.07% with respect to the historical average. Over the past ten years (40 quarters), NTNOF's ROE was at its highest in in the September 2019 quarter at 17.82%. The ROE was at its lowest in in the September 2024 quarter at -7.80%.

Quarterly (TTM)
Annual

Average

-10.04%

Median

-10.96%

Minimum

-18.33%

Maximum

-1.52%

Northern Ocean Ltd. (NTNOF) ROE by Quarter and Year

Discovering the peaks and valleys of Northern Ocean Ltd. ROE, 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 = 723.97%

Maximum Annual ROE = -1.52%

Minimum Annual Increase = -69.10%

Minimum Annual ROE = -18.33%

Quarterly (TTM)
Annual
YearROEChange
2024-14.72%-9.32%
2023-16.23%-11.46%
2022-18.33%723.97%
2021-2.22%-69.10%
2020-7.20%374.90%

Northern Ocean Ltd. (NTNOF) Average ROE

How has NTNOF ROE performed in the past?

The current ROE 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

-16.42%

5-year avg

-11.74%

10-year avg

-10.04%

Northern Ocean Ltd. (NTNOF) ROE vs. Peers

How is NTNOF’s ROE compared to its peers?

Northern Ocean Ltd.’s ROE is greater than Archer Limited (-22.74%), less than Vantage Drilling International (4.01%), less than Tullow Oil plc (57.02%), greater than Orrön Energy AB (publ) (-9.82%), less than Calfrac Well Services Ltd. (1.51%), less than Pardee Resources Company (14.87%), greater than Pine Cliff Energy Ltd. (-43.60%), less than Capricorn Energy PLC (0.66%), greater than Cavvy Energy Ltd. (-19.41%), greater than NG Energy International Corp. (-65.41%),

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