Vantage Drilling International (VTDRF)
Vantage Drilling International operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $18.50, up 3603368.48% on the session, giving a market capitalisation of $244.9M. On trailing twelve-month figures it carries a trailing P/E of 4.17, a net margin of 41.0%. Its beta of 0.22 implies it has historically moved less than the broad market.
Vantage Drilling International, founded in 2007 and headquartered in Houston, Texas, is a company that specializes in offering offshore contract drilling services. It provides these solutions to both national and independent entities within the oil and natural gas industry, with operations spanning a wide international footprint including the Cayman Islands, India, Qatar, Indonesia, Lebanon, Congo, Egypt, South Africa, Montenegro, and the Mediterranean region. Beyond its primary drilling activities, Vantage also delivers several related support services. These encompass overseeing the construction of new drilling rigs, managing the preservation of inactive (stacked) rigs, and furnishing operational and marketing assistance for rigs currently in service. The company supplies clients with contract drilling units, specialized equipment, and trained personnel, typically charging a daily rate for their efforts in drilling oil and gas wells. Historically, Vantage Drilling International maintained a fleet that included two ultra-deepwater drillships.
Vantage Drilling International is most often compared with the following Energy names: