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Capital Drilling
(LSE:CAPD)
Capital Drilling (CAPD) vs. iShares MSCI United Kingdom ETF (EWC)
Capital Drilling Business Overview & Revenue Model
Capital Drilling Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 333.59M | 348.00M | 318.42M | 290.28M | 226.79M | 134.96M | Gross Profit |
| 150.43M | 144.77M | 146.90M | 134.43M | 106.30M | 54.90M | EBIT |
| 57.11M | 39.26M | 60.28M | 59.68M | 51.88M | 21.62M | EBITDA |
| 90.16M | 94.24M | 101.42M | 91.15M | 71.18M | 32.22M | Net Income Common Stockholders |
| 29.00M | 17.32M | 36.74M | 20.99M | 70.17M | 24.57M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 87.69M | 70.83M | 81.52M | 67.11M | 90.73M | 62.87M | Total Assets |
| 514.18M | 511.73M | 467.75M | 386.80M | 351.50M | 226.35M | Total Debt |
| 157.54M | 148.97M | 132.02M | 91.17M | 72.05M | 31.37M | Net Debt |
| 117.62M | 108.44M | 97.66M | 62.79M | 41.47M | -4.33M | Total Liabilities |
| 235.86M | 228.34M | 194.60M | 147.91M | 128.56M | 78.27M | Stockholders Equity |
| 267.87M | 271.57M | 263.88M | 233.32M | 219.17M | 146.69M |
| Cash Flow | Free Cash Flow | ||||
| 34.52M | 21.11M | 14.20M | 7.43M | -20.46M | -31.88M | Operating Cash Flow |
| 85.15M | 63.73M | 69.17M | 56.58M | 30.40M | 28.33M | Investing Cash Flow |
| -63.99M | -20.21M | -59.49M | -47.50M | -50.06M | -60.72M | Financing Cash Flow |
| -12.45M | -36.23M | -3.94M | -9.91M | 15.45M | 50.09M |
Capital Drilling Technical Analysis
Capital Drilling Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £144.00M | 10.55 | 6.40% | 1.97% | 6.32% | -54.82% | |
72 Outperform | £116.72M | 7.65 | 1.86% | ― | ― | ― | |
66 Neutral | £152.91M | 9.71 | -2.05% | 4.46% | -5.97% | -1292.31% | |
51 Neutral | $2.04B | -1.15 | -21.24% | 3.95% | 2.91% | -30.44% | |
48 Neutral | £50.21M | 1.77 | 47.34% | ― | ― | ― | |
47 Neutral | £41.87M | ― | -21.55% | ― | ― | 41.32% | |
| $281.63M | ― | -13.52% | ― | ― | ― |
Capital Drilling Corporate Events
Capital Limited, a company involved in the acquisition or disposal of voting rights, has reported a change in its major holdings. Premier Miton Group plc, based in Guildford, UK, has increased its voting rights in Capital Limited from 4.943105% to 5.212932%, crossing a significant threshold. This adjustment in holdings could influence the company’s decision-making processes and potentially impact its market positioning.
The most recent analyst rating on (GB:CAPD) stock is a Buy with a £145.00 price target. To see the full list of analyst forecasts on Capital Drilling stock, see the GB:CAPD Stock Forecast page.
Capital Limited, a company involved in the drilling industry, announced that all resolutions proposed at its Annual General Meeting were approved by the necessary majorities. The meeting saw a significant shareholder turnout, with 73% of the company’s issued share capital being voted. The resolutions included the adoption of the annual report, approval of directors’ remuneration, re-election of board members, and authorization for the directors to agree on the auditor’s remuneration. This successful AGM reflects strong shareholder support and positions the company well for future strategic initiatives.
The most recent analyst rating on (GB:CAPD) stock is a Buy with a £145.00 price target. To see the full list of analyst forecasts on Capital Drilling stock, see the GB:CAPD Stock Forecast page.
Capital Limited has released its 2024 Sustainability Report, highlighting its ongoing commitment to ethical practices and transparency in its operations. The report underscores the company’s dedication to sustainable socioeconomic development and environmental responsibility, which are crucial for its long-term value creation and industry positioning.
Capital Limited has announced the details of its upcoming Annual General Meeting (AGM) scheduled for May 21, 2025, in London. Shareholders are encouraged to participate either in person or by proxy, with the company emphasizing the importance of voting on resolutions. A webcast will be available for those unable to attend in person, although online voting will not be possible. The company invites shareholders to submit questions in advance or during the meeting, highlighting its commitment to transparency and shareholder engagement.
Capital Limited reported a 10.5% decrease in revenue for Q1 2025 compared to the same period last year, primarily due to the conclusion of mining contracts at Sukari and Belinga. However, the company has made significant progress in its operations at the Reko Diq project in Pakistan, with the commencement of revenue generation in Q2 2025. The company also saw a strong performance from its MSALABS division, with a notable increase in revenue driven by increased utilization at Nevada Gold Mines and its new laboratory in Fairbanks, Alaska. The company remains optimistic about its revenue guidance for 2025, expecting positive momentum through the year.
Capital Limited has announced the issuance of 465,154 new common shares as part of its Short Term Incentive Plan, with a significant portion allocated to its directors. This move, aligned with the company’s incentive strategy, will adjust the total voting rights and share capital, potentially impacting shareholder calculations under the FCA’s Disclosure and Transparency Rules.
Capital Limited announced that its Director and Executive Chair, Jamie Boyton, purchased 101,000 ordinary shares at an average price of £0.623 per share. This transaction increases Mr. Boyton’s total holdings to 21,419,886 shares, representing 10.91% of the company’s issued share capital. This move reflects confidence in the company’s future prospects and may influence stakeholder perceptions positively.
Capital Limited announced that two of its directors have purchased shares in the company, signaling confidence in its future prospects. Michael Rawlinson and Graeme Dacomb, both independent non-executive directors, acquired shares at prices of £0.622 and £0.629 per share, respectively. This move is in accordance with the UK Market Abuse Regulation and reflects a minor increase in their respective holdings, which may be seen as a positive indicator for stakeholders.
Capital Limited has signed a significant mining services contract with Reko Diq Mining Pakistan Limited, operated by Barrick, for the Reko Diq project. This agreement, which is expected to generate over $60 million in annual revenue, marks a major expansion of Capital’s operations at the site, with services extending through December 2028 and a potential five-year extension. The contract includes early works civils and tailings storage facility mining services, leveraging equipment from previous projects. This development enhances Capital’s presence in the region and aligns with its strategy of securing long-term contracts at world-class assets, further solidifying its partnership with Barrick and the Government of Pakistan.
Capital Limited reported a 9.3% increase in revenue for FY 2024, reaching $348 million, despite a decline in EBITDA and operating profit due to exceptional items and impairments. The company secured new contracts and expanded its service offerings, notably at the Reko Diq copper-gold project in Pakistan, while maintaining strong safety performance and fleet utilization. However, net profit after tax and earnings per share saw significant declines, and the company declared a reduced final dividend.
Capital Limited has published its Annual Report and Accounts for the year ending December 31, 2024. This release marks an important update for stakeholders, as it provides insights into the company’s financial performance and strategic direction, reinforcing its position in the mining services industry.