Archer Limited

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Archer Limited (ARCH) Price Performance

Archer Limited (ARCH) trades on Oslo Stock Exchange in NOK. The company is classified in the Energy sector under the Oil & Gas Drilling industry. The stock currently trades at NOK28.00, down 1.58% from the previous close.

Over the past year, ARCH has traded between a low of NOK18.37 and a high of NOK29.40. The stock has gained 46.7% over this period. It is currently 52.4% above its 52-week low.

Archer Limited has a market capitalization of $2.78B and a dividend yield of 0.89%.

About Archer Limited

Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. It operates in four segments: Platform Operations, Well Services, Renewables, and Land Drilling. The company offers platform drilling and workover, platform plug and abandonment, MODU Management, modular rigs, rentals, drill pipe pool, project management and consulting, construction and installations, and inspection services. It also provides well services, including coiled tubing, oiltools, wireline, well construction and completion, well intervention and workover, well P&A and slot recovery, surface solutions, geothermal, and CCUS. In addition, the company offers land drilling services, including drilling rigs and workover services. Further, the company provides renewable energy, such as geothermal drilling, district heating, carbon storage, floating offshore wind, wind power, and hydropower services. The company was formerly known as Seawell Limited and changed its name to Archer Limited in May 2011. Archer Limited was incorporated in 2007 and is headquartered in Sandnes, Norway.