Archer (Energy Services) Overview
- Year Founded
-
1986
- Status
-
Public
- Employees
-
4,856
- Stock Symbol
-
ARCH
- Investments
-
17
- Share Price
-
$2.40
- (As of Friday Closing)
Archer (Energy Services) General Information
Description
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging, and integrity management tools. The reporting segments of the company are Platform Operations, Well Services, and Land Drilling. The majority of revenue is derived from the Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.
Contact Information
Website
www.archerwell.comCorporate Office
- Sandnesveien 358
- 4312 Sandnes
- Norway
Corporate Office
- Sandnesveien 358
- 4312 Sandnes
- Norway
Archer (Energy Services) Timeline
Archer (Energy Services) Stock Performance
As of 17-Jan-2025, Archer (Energy Services)’s stock price is $2.40. Its current market cap is $217M with 90.5M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $2.40 | $2.43 | $1.82 - $3.08 | $217M | 90.5M | 392K | -$0.58 |
Archer (Energy Services) Financials Summary
As of 30-Sep-2024, Archer (Energy Services) has a trailing 12-month revenue of $1.26B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 541,307 | 524,613 | 571,587 | 610,009 |
| Revenue | 1,257,500 | 1,169,300 | 970,200 | 936,100 |
| EBITDA | 123,100 | 79,400 | 104,700 | 73,300 |
| Net Income | 1,200 | (28,100) | 9,800 | (14,800) |
| Total Assets | 930,200 | 905,700 | 906,200 | 850,700 |
| Total Debt | 451,200 | 454,400 | 613,900 | 577,400 |
Archer (Energy Services) Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Archer (Energy Services) Comparisons
Industry
Financing
Details
Archer (Energy Services) Competitors (2)
One of Archer (Energy Services)’s 2 competitors is Odfjell Drilling, a Corporation company based in Aberdeen, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Odfjell Drilling | Corporation | Aberdeen, United Kingdom | ||||
| Welltec | Private Equity-Backed | Alleroed, Denmark |
Archer (Energy Services) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Archer (Energy Services) Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Archer (Energy Services) Investments & Acquisitions (17)
Archer (Energy Services)’s most recent deal was a Merger/Acquisition with Wellbore Fishing & Rental Tools for . The deal was made on 18-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Wellbore Fishing & Rental Tools | 18-Nov-2024 | Merger/Acquisition | Other Energy Services | ||
| Plugging and Abandonment Services (Archer / Elemental Energies) | 13-Nov-2024 | Joint Venture | Other Energy Services | ||
| Iceland Drilling Company | 16-Aug-2024 | Secondary Transaction - Private | Other Commercial Services | ||
| ADA Argentina | 31-Jul-2024 | Merger/Acquisition | Oil and Gas Equipment | ||
| Archer Wind | 01-Jul-2024 | Merger/Acquisition | Energy Exploration |
Archer (Energy Services) ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
29.81 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,048
Rank
Percentile
Energy Services
Industry
of 111
Rank
Percentile
Oil & Gas Drilling
Subindustry
of 23
Rank
Percentile
Archer (Energy Services) Exits (2)
Archer (Energy Services)’s most recent exit was on 09-Feb-2018 from Quintana Energy Services. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Quintana Energy Services | 09-Feb-2018 | Completed |
|
||
| AWC Frac Technology | 13-Jul-2010 | Merger/Acquisition | Completed |
Affiliates
Subsidiaries (7)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Archer Wind | Stavanger, Norway | 2021 | |
| Wellbore Fishing & Rental Tools | Houma, LA | 2012 | |
| DeepWell | Avaldsnes, Norway | 2004 | |
| Vertikal Service | Volda, Norway | 2003 | |
| Romar-Abrado | Ellon, United Kingdom | 2001 |
Archer (Energy Services) FAQs
-
When was Archer (Energy Services) founded?
Archer (Energy Services) was founded in 1986.
-
Where is Archer (Energy Services) headquartered?
Archer (Energy Services) is headquartered in Sandnes, Norway.
-
What is the size of Archer (Energy Services)?
Archer (Energy Services) has 4,856 total employees.
-
What industry is Archer (Energy Services) in?
Archer (Energy Services)’s primary industry is Other Energy Services.
-
Is Archer (Energy Services) a private or public company?
Archer (Energy Services) is a Public company.
-
What is Archer (Energy Services)’s stock symbol?
The ticker symbol for Archer (Energy Services) is ARCH.
-
What is the current stock price of Archer (Energy Services)?
As of 17-Jan-2025 the stock price of Archer (Energy Services) is $2.40.
-
What is the current market cap of Archer (Energy Services)?
The current market capitalization of Archer (Energy Services) is $217M.
-
What is Archer (Energy Services)’s current revenue?
The trailing twelve month revenue for Archer (Energy Services) is $1.26B.
-
Who are Archer (Energy Services)’s competitors?
Odfjell Drilling and Welltec are competitors of Archer (Energy Services).
-
What is Archer (Energy Services)’s annual earnings per share (EPS)?
Archer (Energy Services)’s EPS for 12 months was -$0.58.
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