Odfjell Drilling Ownership

The market capitalization of Odfjell Drilling is USD5.32 Billion. Odfjell Drilling holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.52 pct. of Odfjell Drilling outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run. Some institutional investors establish a significant position in stocks such as Odfjell Drilling in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Odfjell Drilling, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividends Paid is likely to gain to about 3.7 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 146.5 M in 2024. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Odfjell Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.