Somewhat Positive News Coverage Somewhat Unlikely to Affect North Atlantic Drilling (NADL) Share Price
Media coverage about North Atlantic Drilling (NYSE:NADL) has trended somewhat positive on Friday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. North Atlantic Drilling earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 47.8943782886022 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- North Atlantic Drilling Ltd. (NYSE:NADL) Experiences Heavy Trading Volume (highlightpress.com)
- North Atlantic Drilling: Some Positive Developments But Stock Is Best Avoided (seekingalpha.com)
- NADL, Jurong to form JV for West Rigel (oedigital.com)
- Global Potassium Feldspars Market to Record High Demand by 2017 – 2022 (reports.pr-inside.com)
- NADL, Jurong to form West Rigel JV (upstreamonline.com)
Shares of North Atlantic Drilling (NYSE:NADL) traded up 3.70% during mid-day trading on Friday, reaching $1.40. The company had a trading volume of 453,793 shares. The company’s market capitalization is $33.76 million. North Atlantic Drilling has a one year low of $0.65 and a one year high of $4.80. The company has a 50 day moving average price of $1.50 and a 200 day moving average price of $1.82.
North Atlantic Drilling (NYSE:NADL) last released its quarterly earnings results on Thursday, August 24th. The oil and gas company reported ($2.59) earnings per share for the quarter, beating the consensus estimate of ($2.87) by $0.28. The firm had revenue of $61.70 million for the quarter. North Atlantic Drilling had a negative return on equity of 55.80% and a negative net margin of 54.37%. On average, analysts anticipate that North Atlantic Drilling will post ($10.05) EPS for the current year.
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North Atlantic Drilling Company Profile
North Atlantic Drilling Ltd. operates as an offshore drilling contractor in the North Atlantic region. The company provides harsh environment offshore drilling services to the oil and gas industry primarily in Norway, the United Kingdom, and the Russian Federation. As of December 31, 2016, it owned seven offshore drilling rigs, including three semi-submersibles, one ultra-deep water drillship, and three jack-up rigs.
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