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The latest announcement is out from Shelf Drilling ( (SHLLF) ).
Shelf Drilling has increased its share capital by issuing 353,150 new common shares following the exercise of share options by a former employee under the 2017 Long-Term Incentive Plan. This move adjusts the company’s issued share capital to USD 2,568,040.84, potentially strengthening its market position and operational capacity.
The most recent analyst rating on (SHLLF) stock is a Hold with a NOK14.00 price target. To see the full list of analyst forecasts on Shelf Drilling stock, see the SHLLF Stock Forecast page.
More about Shelf Drilling
Shelf Drilling is a prominent international contractor specializing in shallow water offshore drilling, with operations spanning the Middle East, Southeast Asia, India, West Africa, the Mediterranean, and the North Sea. Established in 2012, the company has built a reputation for its strategic focus and strong client relationships. It is headquartered in Dubai, UAE, and is listed on the Oslo Stock Exchange.
Average Trading Volume: 2,284,659
Current Market Cap: NOK3.53B
For an in-depth examination of SHLLF stock, go to TipRanks’ Overview page.