PetroVietnam Drilling & Well Service Corp operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares PetroVietnam Drilling & Well Service Corp with three other
Oil and Gas Field Services in Asia:
XinJiang Beiken Energy Engineering Co Ltd
sales of 935.75 million Chinese Renmimbi [US$146.07 million]
of which 99%
was Oil Development),
Velesto Energy Bhd
(546.94 million Malaysian Ringgits [US$132.85 million]
of which 98%
was Drilling Services), and
Aban Offshore Limited
based in INDIA
(9.74 billion Indian Rupees [US$132.76 million]
of which 100%
was Off shore drilling services).
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at PetroVietnam Drilling & Well Service Corp totalled
549.85 billion Vietnamese Dong .
This is a drop of 67.1%
from the 1.67 trillion Vietnamese Dong in sales at the company during the first quarter in 2020.
This was the largest quarterly drop in sales since the first
quarter of 2017.
During the year ended December of 2020, sales at
PetroVietnam Drilling & Well Service Corp were 5.23 trillion Vietnamese Dong (US$227.97 million).
increase of 19.7%
versus 2019, when the company's sales were 4.37 trillion Vietnamese Dong .
Despite this increase, sales are still
below the level achieved in 2018, when PetroVietnam Drilling & Well Service Corp
reported sales of 5.50 trillion Vietnamese Dong .
Sales of Drilling Oil and Gas Well saw an increase
that was more than double the company's growth rate: sales were up
41.4% in 2020, from
2.18 trillion Vietnamese Dong to 3.08 trillion Vietnamese Dong .
Not all segments of PetroVietnam Drilling & Well Service Corp experienced an increase in sales in 2020:
sales of Commerce fell 22.8% to 327.61 billion Vietnamese Dong .