TheScreener - Dolphin Drilling ASA (DDASA) An unfavourable environment weighs on DOLPHIN DRILLING ASA, which sees a downgrade to Negative

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An unfavourable environment weighs on DOLPHIN DRILLING ASA, which sees a downgrade to Negative

The independent financial analyst theScreener just requalified the general evaluation of DOLPHIN DRILLING ASA (NO), active in the Oil Equipment & Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Negative. As of the analysis date May 7, 2019, the closing price was NOK 0.70 and its target price was estimated at NOK 0.40.

08/05/2019 6 EN

Underlying

Dolphin Drilling ASA

Fred Olsen Energy is engaged in offshore drilling as well as engineering and fabrication services. Co. provides services and operates within the two segments; offshore drilling and engineering and fabrication. The Offshore Drilling segment provides services to the offshore oil and gas industry. The Engineering and Fabrication segment provides engineering, fabrication, ship building and repair services for various offshore and onshore industries.

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NO0003089005 Norway

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TheScreener

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An unfavourable environment weighs on DOLPHIN DRILLING ASA, which sees a downgrade to Negative

Empowering Investors

Flattish guidance from Total

Total accelerates dividend growth

Dolphin Drilling ASA (No_rec, TP: NOK) - Discontinuing coverage

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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