Valuation: NorAm Drilling

Market Cap 1.96B 207M 179M 168M 153M 288M 19.83B 293M 1.97B 771M 9.93B 779M 762M 33.01B P/E 2026 *
11.1x
P/E 2027 * 8.22x
Enterprise Value 1.89B 200M 173M 163M 148M 278M 19.17B 283M 1.91B 745M 9.6B 753M 736M 31.9B EV / Sales 2026 *
1.72x
EV / Sales 2027 * 1.6x
Free-Float
41.36%
Yield 2026 *
10.6%
Yield 2027 * 13.1%
1 day+0.66%
1 week+4.96%
Current month+6.06%
1 month+7.18%
3 months-13.33%
6 months+34.02%
Current year+37.88%
1 week 43.25
Extreme 43.25
45.95
1 month 40.9
Extreme 40.9
46
Current year 31.55
Extreme 31.55
53.5
1 year 24.5
Extreme 24.5
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.
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.($)
+0.66%+4.96%+68.21%-2.36% 206M
0.00%-1.49%+5.68%+51.02% 25.91B
+1.99%+8.85%+60.76%-16.62% 7.07B
-0.29%+0.95%-4.44%-26.70% 6.81B
+0.96%+9.60%+91.53%-30.96% 6.39B
+1.06%+8.97%+84.11%+15.10% 5.91B
-0.88%+2.26%+21.41% - 5.32B
0.00%+1.56%-20.73%+10.17% 4.81B
+2.81%+19.25%+141.09%+5.71% 4.3B
+4.08%+14.94%+102.23%-24.06% 4.16B
Average +1.02%+7.03%+54.98%-2.08% 7.09B
Weighted average by Cap. +0.67%+4.45%+37.94%+13.52%

Financials

2026 *2027 *
Net sales 1.1B 117M 101M 94.82M 86.24M 162M 11.17B 165M 1.11B 434M 5.59B 439M 429M 18.59B 1.18B 125M 108M 102M 92.5M 174M 11.98B 177M 1.19B 466M 6B 471M 460M 19.94B
Net income 178M 18.89M 16.31M 15.33M 13.94M 26.21M 1.81B 26.64M 180M 70.22M 904M 70.91M 69.37M 3.01B 240M 25.46M 21.99M 20.67M 18.8M 35.34M 2.43B 35.92M 242M 94.68M 1.22B 95.61M 93.53M 4.05B
Net Debt -65.44M -6.93M -5.99M -5.63M -5.12M -9.62M -663M -9.78M -65.92M -25.78M -332M -26.03M -25.46M -1.1B -65.44M -6.93M -5.99M -5.63M -5.12M -9.62M -663M -9.78M -65.92M -25.78M -332M -26.03M -25.46M -1.1B
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
26-08-14 NOK 45.50 +0.66% 93,132
26-08-13 NOK 45.20 +0.89% 76,426
26-08-12 NOK 44.80 +0.56% 54,909
26-08-11 NOK 44.55 +0.79% 86,025
26-08-10 NOK 44.20 +1.96% 93,200
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
45.20NOK
Average target price
56.50NOK
Spread / Average Target
+25.00%

Quarterly revenue - Rate of surprise

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