Now that I've done a few consecutive posts on US companies, I hope my readers will indulge me as I profile another foreign stock. Today's topic is Capital Drilling, a former high-flier that now trades at a discount to asset value. Capital Drilling's earnings have suffered along with other terrestrial drillers, but the company is in fine position to weather the slow period with little debt, a modern fleet and multiple contracts with blue-chip operators.
Capital Drilling - CAPD:L
Capital Drilling - CAPD:L
Capital Drilling - CAPD:L
Now that I've done a few consecutive posts on US companies, I hope my readers will indulge me as I profile another foreign stock. Today's topic is Capital Drilling, a former high-flier that now trades at a discount to asset value. Capital Drilling's earnings have suffered along with other terrestrial drillers, but the company is in fine position to weather the slow period with little debt, a modern fleet and multiple contracts with blue-chip operators.