Capital Drilling Ltd. (DI) (CAPD)

Sector:

Mining

Index:

FTSE Fledgling

 60.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 73.00
  • 52 Week Low: 29.00
  • Currency: UK Pounds
  • Shares Issued: 136.25m
  • Volume: 0
  • Market Cap: £82.43m

Capital Drilling swings to interim loss amid mining sector slump

By Daniel Cancian

Date: Tuesday 25 Aug 2015

LONDON (ShareCast) - (ShareCast News) - Drilling services provider Capital Drilling said it swung to a loss in the first six months of 2015, as the slump in the mining industry dragged revenue lower.
In the six months to 30 June, the group posted a $3.9m pre-tax loss compared with a $1.8m profit in the corresponding period a year earlier, while revenue declined 27.5% year-on-year to $39m, which represented a 13.5% drop from the previous quarter.

The group said its fleet utilisation declined from 45% on an average fleet size of 95 rigs to 34% from 97 rigs, while average revenue per operating rig declined 2% to $189,000.

Despite the ongoing pressure in the mining industry, group chief executive Mark Parsons said the company had delivered a "resilient" performance.

"We continue to maintain a conservative approach to capital expenditure and a rigorous approach to cost management and savings through all levels of the group," he added.

The group will pay an interim dividend of 1.9 cents per share, having not paid a dividend for the first half of 2014.

Capital Drilling shares were untraded on Tuesday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CAPD Market Data

Currency UK Pounds
Share Price 60.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 73.00
52 Week Low 29.00
Volume 0
Shares Issued 136.25m
Market Cap £82.43m

CAPD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.11% above the market average11.11% above the market average11.11% above the market average11.11% above the market average11.11% above the market average
80.87% below the sector average80.87% below the sector average80.87% below the sector average80.87% below the sector average80.87% below the sector average
Price Trend
61.60% above the market average61.60% above the market average61.60% above the market average61.60% above the market average61.60% above the market average
38.21% above the sector average38.21% above the sector average38.21% above the sector average38.21% above the sector average38.21% above the sector average
Income
13.39% below the market average13.39% below the market average13.39% below the market average13.39% below the market average13.39% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Growth
38.58% above the market average38.58% above the market average38.58% above the market average38.58% above the market average38.58% above the market average
43.86% below the sector average43.86% below the sector average43.86% below the sector average43.86% below the sector average43.86% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAPD Dividends

  Latest Previous
  2nd Interim Interim
Ex-Div 09-Apr-20 05-Sep-19
Paid 04-May-20 27-Sep-19
Amount 0.70¢ 0.70¢

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

CAPD Key Personnel

CFO André Koekemoer

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