Thomas Lott
Long/short equity, deep value, special situations, hedge fund manager

North Atlantic Drilling: Cheapest Offshore Driller With A Huge 9% Yield

North Atlantic Drilling Limited (OTCPK:NATDF), operator of eight offshore drilling rigs, trades at a substantial 45% discount to its offshore drilling peers at only 7x earnings, and sports a hefty 9% dividend yield. Given that the Norwegian company listed only 24% of its shares via a private placement in Febr...

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