Vantage Drilling (OTCMKTS:VTGDF – Get Free Report) posted its earnings results on Tuesday. The offshore driller reported $0.03 EPS for the quarter, Zacks reports. The firm had revenue of $47.22 million for the quarter. Vantage Drilling had a net margin of 56.97% and a negative return on equity of 22.55%.
Vantage Drilling Stock Performance
Vantage Drilling has a 52-week low of $0.00 and a 52-week high of $0.04.
About Vantage Drilling
Vantage Drilling International, trading on the OTCMKTS under the symbol VTGDF, is a Bermuda‐incorporated offshore drilling contractor that owns and operates a fleet of floating drilling rigs. The company specializes in contract drilling services to exploration and production companies in the oil and gas sector. Its operations encompass drilling program planning, rig mobilization, drilling operations management and well construction support, leveraging a blend of engineering expertise and technical rig capabilities to meet client requirements in challenging offshore environments.
The company’s rig fleet includes both mid-water floaters and deepwater units equipped to handle exploration and development drilling in water depths ranging from several hundred to several thousand feet.
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