Valuation: NorAm Drilling

Market Cap 2.04B 214M 192M 179M 163M 305M 20.35B 307M 2.15B 841M 10.56B 803M 786M 33.98B P/E 2026 *
10.8x
P/E 2027 * 8.55x
Enterprise Value 1.97B 206M 186M 173M 157M 295M 19.63B 296M 2.08B 811M 10.19B 775M 758M 32.78B EV / Sales 2026 *
1.82x
EV / Sales 2027 * 1.67x
Free-Float
46.41%
Yield 2026 *
10.4%
Yield 2027 * 12.6%
1 day-1.26%
1 week+7.41%
Current month+6.92%
1 month-0.11%
3 months+10.95%
6 months-0.84%
Current year+42.73%
1 week 44.75
Extreme 44.75
48.45
1 month 42.9
Extreme 42.9
48.45
Current year 31.55
Extreme 31.55
53.5
1 year 26.1
Extreme 26.1
53.5
3 years 21.8
Extreme 21.8
53.5
5 years 9
Extreme 9
67.8
10 years 5
Extreme 5
67.8
Manager TitleAgeSince
Chief Executive Officer 62 2016-12-31
Chief Operating Officer - 2014-10-31
Investor Relations Contact - 2022-07-31
Director TitleAgeSince
Chairman 60 -
Director/Board Member 53 2022-02-28
Director/Board Member 40 2023-05-31
Date Insider Type Main position Quantity % Market Cap. Importance
12/19/24 Buy

Investor Relations Manager

2,000 0.0046%
11/28/24 Buy

Chairman

30,000 0.0694%
3/15/23 Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
-1.26%+7.41%+76.07%-3.38% 214M
-0.36%+0.91%-3.33%+47.59% 24.12B
-4.44%-2.84%+10.25%-19.98% 7.64B
+1.12%+5.98%+59.05%-10.90% 6.85B
-1.24%+3.53%+78.85%-27.63% 6.23B
-0.96%+3.52%+76.19%+15.15% 5.88B
-2.17%-6.12%+2.20%-12.61% 4.65B
-3.10%-5.30%-18.83%+2.46% 4.79B
+0.17%+2.76%+103.17%-16.26% 4.4B
-1.25%-2.65%+69.85%-10.75% 3.86B
Average -1.35%+1.94%+45.35%-3.63% 6.86B
Weighted average by Cap. -1.13%+0.85%+29.17%+9.87%

Financials

2026 *2027 *
Net sales 1.08B 113M 102M 94.99M 86.09M 162M 10.77B 163M 1.14B 445M 5.59B 425M 416M 17.98B 1.18B 124M 112M 104M 94.32M 177M 11.8B 178M 1.25B 488M 6.13B 466M 456M 19.7B
Net income 190M 19.93M 17.92M 16.73M 15.16M 28.46M 1.9B 28.64M 201M 78.38M 985M 74.84M 73.22M 3.17B 241M 25.21M 22.66M 21.15M 19.17M 35.99M 2.4B 36.21M 254M 99.1M 1.24B 94.63M 92.58M 4B
Net Debt -72.22M -7.56M -6.8M -6.35M -5.75M -10.8M -720M -10.87M -76.17M -29.74M -374M -28.4M -27.78M -1.2B -65.52M -6.86M -6.17M -5.76M -5.22M -9.8M -653M -9.86M -69.1M -26.98M -339M -25.76M -25.21M -1.09B
Projected Income Statement - Annual - NorAm Drilling
Logo NorAm Drilling
Noram Drilling AS, formerly NorAm Drilling Company AS, is a Norway-based drilling operator. The Company owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the biggest oil producing region in North America. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. NorAm focuses solely on the US land drilling market and has established a solid foothold in the lower US, with operating experience in Louisiana, New Mexico, Oklahoma and Texas. All eleven rigs are operating in Texas in the Permian Basin.
Employees
311
Date Price Change Volume
26-10-14 NOK 47.10 -1.26% 74,808
26-10-13 NOK 47.70 +2.58% 127,268
26-10-12 NOK 46.50 +1.09% 133,317
26-10-09 NOK 46.00 +2.79% 158,738
26-10-08 NOK 44.75 +2.05% 69,801
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
47.10NOK
Average target price
56.50NOK
Spread / Average Target
+19.96%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NorAm Drilling
  1. Stock Market
  2. Stocks
  3. NORAM Stock