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Drilling CEO: Sad to see stakeholder losses – but activity is rising

"The stock price naturally reflects shareholders' expectation for the future, and I'm not in control of that, but we're aware of it," says Maersk Drilling CEO Jørn Madsen.

Photo: Niels Christian Vilmann//

Although the market is slowly beginning to recover after a number of difficult years in the drilling rig sector, investors have curbed their optimism on the stock market in recent months.

Maersk Drilling, which leases drilling rigs and vessels to the oil sector, is not exempt from this. Since its independent listing earlier this year, its share price has dived to DKK 365 (EUR 48.8) from a debut of DKK 575.

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