S.D. Standard Drilling PLC ( (DE:S1P) ) has issued an announcement.
S.D. Standard ETC reported a net loss of USD 4.0 million for the fourth quarter of 2024, an increase from the USD 2.6 million loss in the same period of the previous year. The company’s financial performance was impacted by unrealized gains from investments in Dolphin Drilling and Standard Supply being offset by losses from equity and credit investments, while maintaining a cash position of USD 40.7 million.
More about S.D. Standard Drilling PLC
S.D. Standard ETC is an investment company founded in 2010, headquartered in Cyprus and listed on the Oslo Stock Exchange. It holds a concentrated investment portfolio with significant ownership in Standard Supply AS and Dolphin Drilling AS.
YTD Price Performance: 6.15%
Average Trading Volume: 5,450
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €75.71M
Learn more about S1P stock on TipRanks’ Stock Analysis page.
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