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VANTAGE DRILLING INTERNATIONAL

US:VTGGFUS:VTDRF
US$18.50Close 29 June 2026 · delayed

Past year: ▲ 54%(10.00 – 18.50 USD)

Market cap
A$346m
Shares on issue
13.2m
Story beats
9 since 2016
Last event
29 Sept 2023

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

11 Feb 2026substantial holder notice● Neutral

Barclays PLC reported a VANTAGE DRILLING INTERNATIONAL shareholding of 1,116,020 shares (8.39% of votes) in a periodic institutional filing.

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21 Mar 2025substantial holder notice● Neutral

Barclays PLC reported a VANTAGE DRILLING INTERNATIONAL shareholding of 828,089 shares (6.22% of votes) in a periodic institutional filing.

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7 Feb 2025substantial holder notice● Neutral

Ramya Rao disclosed a new substantial VANTAGE DRILLING INTERNATIONAL shareholding (6.22% of votes).

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29 Sept 2023listing compliance notice▼ BadMajor

VANTAGE DRILLING INTERNATIONAL suspended its duty to file periodic reports with the SEC.

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10 Aug 2023quarterly activities report● Neutral

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $107.8 million and net income of $1.5 million for the period ended 2023-06-30.

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10 Aug 2023quarterly activities report● Neutral

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $107.8 million and net income of $1.5 million for the period ended 2023-06-30.

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20 July 2023production update● Neutral

The company filed another fleet status report with updates on its drilling contracts. The report's contents are not included in the filing text provided, so no contract details can be stated.

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12 May 2023quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $77.1 million and a net loss of $2.3 million for the period ended 2023-03-31.

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12 May 2023quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $77.1 million and a net loss of $2.3 million for the period ended 2023-03-31.

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7 Mar 2023debt financing▲ GoodMajor

On March 1, 2023 the company issued $200 million of 9.500% senior secured first lien notes due February 15, 2028, and used the proceeds to repay and redeem all of its 9.250% first lien notes due 2023. This replaces the notes that were due in November 2023, at a slightly higher stated interest rate, and any leftover proceeds go to general corporate purposes. The new notes are guaranteed by subsidiaries and secured by a first lien on substantially all assets.

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10 Nov 2022quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $71.0 million and a net loss of $20.2 million for the period ended 2022-09-30.

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10 Nov 2022quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $71.0 million and a net loss of $20.2 million for the period ended 2022-09-30.

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8 Nov 2022production update● Neutral

The company filed an updated fleet status report on its drilling contracts. The report's contents are not included in the filing text provided, so no contract details can be stated.

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12 Aug 2022quarterly activities report● Neutral

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $73.2 million and net income of $48.1 million for the period ended 2022-06-30.

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12 Aug 2022quarterly activities report● Neutral

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $73.2 million and net income of $48.1 million for the period ended 2022-06-30.

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11 Aug 2022quarterly activities report● Neutral

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $73.2 million and net income of $48.1 million for the period ended 2022-06-30.

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31 May 2022material agreement▲ GoodMajor

The sale of Emerald Driller Company to ADES Arabia, agreed in December 2021, closed on May 27, 2022 for $170 million in cash plus a further $34 million for contract preparation cost reimbursements, with $4 million held in escrow against possible price adjustments. EDC holds the Emerald Driller, Sapphire Driller and Aquamarine Driller jack-up rigs in Qatar. Vantage will provide support services on the three rigs for three years, and the company says it is still evaluating uses for the proceeds.

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16 May 2022quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $58.3 million and a net loss of $14.9 million for the period ended 2022-03-31.

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16 May 2022quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $58.3 million and a net loss of $14.9 million for the period ended 2022-03-31.

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21 Dec 2021material agreement▲ GoodMajor

The company agreed (effective December 20, 2021) to sell Emerald Driller Company to ADES Arabia Holding for $170 million in cash, subject to adjustments, plus reimbursement of certain Qatar contract preparation and mobilization costs. The company will own the Emerald Driller and, before closing, the Sapphire Driller and Aquamarine Driller jack-up rigs, all for Qatar, and will provide support services to ADES for three years after closing, which is expected in the second quarter of 2022. ADES is already the 49% partner in the company's Egypt joint venture, and the company said it is still evaluating uses for the proceeds.

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9 Nov 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $52.9 million and a net loss of $21.7 million for the period ended 2021-09-30.

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9 Nov 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $52.9 million and a net loss of $21.7 million for the period ended 2021-09-30.

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12 Aug 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $35.6 million and a net loss of $29.0 million for the period ended 2021-06-30.

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12 Aug 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $35.6 million and a net loss of $29.0 million for the period ended 2021-06-30.

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6 May 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $20.2 million and a net loss of $36.0 million for the period ended 2021-03-31.

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6 May 2021quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $20.2 million and a net loss of $36.0 million for the period ended 2021-03-31.

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16 Nov 2020quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $20.2 million and a net loss of $169.3 million for the period ended 2020-09-30.

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16 Nov 2020quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $20.2 million and a net loss of $169.3 million for the period ended 2020-09-30.

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6 Aug 2020quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $36.8 million and a net loss of $31.9 million for the period ended 2020-06-30.

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6 Aug 2020quarterly activities report▼ Bad

VANTAGE DRILLING INTERNATIONAL reported quarterly revenue of $36.8 million and a net loss of $31.9 million for the period ended 2020-06-30.

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