Vantage Drilling Co. engages in the operation of a fleet of drilling units. The company employs 786 full-time employees The company went IPO on 2007-06-08. The firm's principal business is to contract drilling units, related equipment and work crews, primarily on a day-rate basis, to drill oil and natural gas wells for its customers. The company also provides construction supervision services for drilling units. Through its fleet of drilling units, it provides offshore contract drilling services. The company provides contract drilling services with different types of modern, high-specification MODUs, including jackup rigs and drillships, and in different geographic regions. Its customers are primarily multinational oil and natural gas companies, government-owned oil and natural gas companies and independent oil and natural gas producers. A jackup rig is a mobile, self-elevating drilling platform equipped with legs and drillships that are self-propelled, positioned and suited for drilling in remote locations.
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As of August 2026, Vantage Drilling Co VTGDF is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Vantage Drilling Co using these criteria to determine its compliance status.
Muslim investors may consider investing in Vantage Drilling Co if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Vantage Drilling Co by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Vantage Drilling Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Vantage Drilling Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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