tiprankstipranks
Advertisement
Advertisement

Odfjell Drilling Updates 2025 Results After Maltese Tax Adjustment

Story Highlights
  • Odfjell Drilling has released its final 2025 annual report, superseding earlier preliminary figures.
  • Revised Maltese tax calculations added USD 5.9 million to income tax, increasing deferred tax liabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Odfjell Drilling Updates 2025 Results After Maltese Tax Adjustment

Claim 55% Off TipRanks

Odfjell Drilling Ltd. ( (DE:OD3) ) just unveiled an update.

Odfjell Drilling Ltd. has published its Annual Report for 2025 on the company’s website, providing updated and final audited financial statements for the year. The report replaces the preliminary full-year figures previously communicated to the market and is issued in line with the company’s disclosure obligations under Norwegian securities law.

The company highlights that updated tax calculations in Malta have led to changes versus the preliminary results, specifically an increase of USD 5.9 million in income tax expense. This adjustment has also increased the deferred tax liability on the balance sheet, slightly weakening reported net results but aligning the company’s accounts more closely with its current tax position.

The most recent analyst rating on (DE:OD3) stock is a Hold with a NOK110.00 price target. To see the full list of analyst forecasts on Odfjell Drilling Ltd. stock, see the DE:OD3 Stock Forecast page.

More about Odfjell Drilling Ltd.

Odfjell Drilling Ltd. operates in the offshore drilling industry, providing drilling and related services to oil and gas companies. The company focuses on managing and operating drilling rigs and associated services in key offshore energy markets, with reporting obligations under Norwegian securities regulations.

YTD Price Performance: 19.75%

Average Trading Volume: 401,899

Current Market Cap: NOK24.6B

See more data about OD3 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1