
Northern Ocean Ltd
OSE:NOL

Operating Margin
Northern Ocean Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
BM |
![]() |
Northern Ocean Ltd
OSE:NOL
|
1.8B NOK |
-4%
|
|
CN |
![]() |
China Oilfield Services Ltd
SSE:601808
|
42.3B CNY |
11%
|
|
US |
![]() |
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK |
24%
|
|
US |
![]() |
Noble Corp (Cayman Island)
NYSE:NE
|
4.6B USD |
24%
|
|
SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
14.1B SAR |
29%
|
|
BM |
![]() |
Valaris Ltd
NYSE:VAL
|
3.2B USD |
20%
|
|
CH |
![]() |
Transocean Ltd
NYSE:RIG
|
2.6B USD |
12%
|
|
US |
![]() |
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
2.5B USD |
-1%
|
|
DK |
M
|
Maersk Drilling A/S
F:72D
|
1.9B EUR |
6%
|
|
SA |
A
|
Arabian Drilling Co
SAU:2381
|
6.9B SAR |
13%
|
|
BM |
![]() |
Seadrill Ltd
NYSE:SDRL
|
1.7B USD |
10%
|
Northern Ocean Ltd
Glance View
Northern Ocean Ltd. engages in the ownership of offshore drilling rigs. The firm owns and engages in offshore contract drilling for the oil and gas industry in benign and other environments worldwide. The company contracts its drilling rigs primarily on a dayrate basis for periods approximately between one and ten years to drill wells for its customers by targeting integrated and independent oil and gas companies. The Company’s drilling wells include West Mira and West Bollsta.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Northern Ocean Ltd's most recent financial statements, the company has Operating Margin of -3.9%.