Major Drilling Group International, Inc.

Major Drilling Group International, Inc.

Major Drilling Group International, Inc.

Overview
Date Founded

1980

Headquarters

111 St. George Street, Suite 100, Moncton, NB, E1C 1T7, CAN

Type of Company

Public

Employees (Worldwide)

2,641

Industries

Oil & Gas

Company Description

Major Drilling Group International Inc. is one of the world’s largest drilling service companies primarily serving the mining industry. To support our customers’ varied exploration drilling requirements, we maintain field operations and offices in Canada, the United States, South and Central America, Australia, Asia and Africa. Major Drilling provides all types of drilling services including surface and underground coring, directional, reverse circulation, multi-purpose, grade control, sonic, geotechnical, environmental, water-well and coal-bed methane and shallow gas. Over the years, we have positioned ourselves as one of the largest specialized operators in the world by leveraging our main competitive advantages: specialized equipment, long standing relationships with the world’s largest mining companies, access to capital and skilled personnel. This positioning is strengthened with our senior management who have experienced several economic and mining industry cycles. During the last several years, we have achieved strong growth while remaining focused on the long-term objective of building a solid company for the future.

Contact Data
Trying to get in touch with decision makers at Major Drilling Group International, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

Vice President, Legal Affairs, General Counsel & Secretary

Senior Vice President Operations-North America & Africa

Vice President, Human Resources & Safety

Vice President Technology & Logistics

Vice President Operations-South America

Vice President Operations-Asia

Professional

Professional

Paths to Major Drilling Group International, Inc.
Potential Connections via
Relationship Science
You
Major Drilling Group International, Inc.
Owners & Shareholders
Details Hidden

Norrep Capital Management has expertise in the energy sector and is widely known for their Flow-Through Limited Partnerships. The firm seeks to design products that can take advantage of market inefficiencies and that are difficult for investors to do on their own. Their investment solutions can be divided into a \"wealth creation\" arm and a \"wealth preservation\" arm. Norrep's suite of wealth creation products includes two Canadian small-cap funds, a micro-cap fund, Global, U.S. and Canadian all-cap funds, an energy fund, and a tactical balanced fund. Their wealth preservation side includes a global equity balanced fund, a Canadian equity balanced fund, a high yield fund and a short-term income fund. The firm also manages a market neutral income fund and a fund-of-funds. Norrep's investment process is based on a highly disciplined blend of fundamental and quantitative research. The firm focuses on optimizing such factors as return on equity, price to earnings, cash flow to debt, and yield that have historically led to outperformance over reasonable time periods. As value managers, Norrep seeks to limit downside when compared to their peers and benchmarks by avoiding speculative investments and remaining disciplined on how much they pay for a particular security.

Details Hidden

Norrep Capital Management has expertise in the energy sector and is widely known for their Flow-Through Limited Partnerships. The firm seeks to design products that can take advantage of market inefficiencies and that are difficult for investors to do on their own. Their investment solutions can be divided into a \"wealth creation\" arm and a \"wealth preservation\" arm. Norrep's suite of wealth creation products includes two Canadian small-cap funds, a micro-cap fund, Global, U.S. and Canadian all-cap funds, an energy fund, and a tactical balanced fund. Their wealth preservation side includes a global equity balanced fund, a Canadian equity balanced fund, a high yield fund and a short-term income fund. The firm also manages a market neutral income fund and a fund-of-funds. Norrep's investment process is based on a highly disciplined blend of fundamental and quantitative research. The firm focuses on optimizing such factors as return on equity, price to earnings, cash flow to debt, and yield that have historically led to outperformance over reasonable time periods. As value managers, Norrep seeks to limit downside when compared to their peers and benchmarks by avoiding speculative investments and remaining disciplined on how much they pay for a particular security.

Recent Transactions
Details Hidden

Major Drilling Group International, Inc. purchases 1370918 Alberta ULC

Details Hidden

Major Drilling Group International, Inc. purchases Bradley Group Ltd.

Details Hidden

Major Drilling Group International, Inc. issued CAD Subscription Receipts

Transaction Advisors
Accountant

Advised onMajor Drilling Group International, Inc., Major Pontil Pty Ltd purchase Raematt Drilling

Underwriter

Advised onMajor Drilling Group International, Inc. issued CAD Subscription Receipts

Underwriter

Advised onMajor Drilling Group International, Inc. issued CAD Subscription Receipts

Advisors & Consultants
Senior Advisor

Former Chief Financial Officer at Major Drilling Group International, Inc.

Clients

SolGold Plc engages in exploration of copper gold. It holds interest in Cascabel, Ecuador Regional Exploration, Queensland and Solomon Island projects. The company was founded on May 11, 2005 and is headquartered in Brisbane, Australia.

Key Stats and Financials As of 2020
Market Capitalization
$282M
Total Enterprise Value
$282M
Earnings Per Share
$-0.88
Revenue
$409M
EBITDAMargin
12.68%
Enterprise Value Sales
0.69x
Enterprise Value EBITDAOperating
5.44x
TEVNet Income
-3.98x
Debt TEV
0.2x
Total Debt
$55.2M
EBITDA
$51.9M
Total Equity
$297M
Net Profit
$-71M
Three Year Compounded Annual Growth Rate Of Revenue
8.1%
Five Year Compounded Annual Growth Rate Of Revenue
1.63%
Non-Profit Donations & Grants
$5,000 - $10K
2018
$100K - $250K
2017
Suppliers
Imdex Ltd. Industrial Machinery & Manufacturing | Balcatta, Australia

Imdex Ltd. engages in the provision of mining equipment, technology, and services. It operates through the AMC and REFLEX brands. The AMC brand deals with drilling fluids, equipment, technologies, and software. The REFLEX brand includes downhole instrumentation, data management and analytical software for geological modelling. The company was founded on December 17, 1980 and is headquartered in Balcatta, Australia.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Major Drilling Group International, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Major Drilling Group International, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Major Drilling Group International, Inc..