Vantage Drilling (OTCMKTS:VTGDF – Get Free Report) released its earnings results on Tuesday. The offshore driller reported $0.03 earnings per share for the quarter, Zacks reports. Vantage Drilling had a net margin of 56.97% and a negative return on equity of 22.55%.
Vantage Drilling Price Performance
Vantage Drilling has a 52 week low of $0.00 and a 52 week high of $0.04.
Vantage Drilling Company Profile
Vantage Drilling International, trading on the OTCMKTS under the symbol VTGDF, is a Bermuda?incorporated offshore drilling contractor that owns and operates a fleet of floating drilling rigs. The company specializes in contract drilling services to exploration and production companies in the oil and gas sector. Its operations encompass drilling program planning, rig mobilization, drilling operations management and well construction support, leveraging a blend of engineering expertise and technical rig capabilities to meet client requirements in challenging offshore environments.
The company’s rig fleet includes both mid-water floaters and deepwater units equipped to handle exploration and development drilling in water depths ranging from several hundred to several thousand feet.
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