Valuation: NorAm Drilling

Market Cap 1.99B 215M 191M 175M 159M 300M 20.29B 307M 2.1B 840M 10.74B 806M 788M 34.01B P/E 2026 *
11x
P/E 2027 * 8.32x
Enterprise Value 1.91B 205M 183M 168M 153M 287M 19.41B 293M 2.01B 804M 10.27B 771M 754M 32.54B EV / Sales 2026 *
1.69x
EV / Sales 2027 * 1.57x
Free-Float
46.41%
Yield 2026 *
9.73%
Yield 2027 * 13%
1 day-0.76%
1 week-5.94%
Current month-6.89%
1 month+4.79%
3 months+7.74%
6 months-9.19%
Current year+39.24%
1 week 45.95
Extreme 45.95
49.75
1 month 43.55
Extreme 43.55
49.8
Current year 31.55
Extreme 31.55
53.5
1 year 27
Extreme 27
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.($)
-0.76%-5.94%+68.93%-5.06% 216M
-0.17%+2.09%+4.28%+53.14% 25.52B
-2.79%-7.25%-8.09%-20.97% 7.65B
-7.63%-18.78%+39.74%-20.32% 6.59B
-8.02%-18.56%+51.23%+19.73% 6.25B
+1.58%-3.41%-0.71%-11.06% 4.84B
0.00%+4.80%-16.03%+16.96% 4.74B
-9.36%-15.48%+77.20%-16.99% 4.48B
-4.67%-13.63%+38.30%-12.69% 3.79B
-6.48%-17.45%+40.15%+4.01% 2.9B
Average -3.89%-7.11%+29.50%+0.67% 6.7B
Weighted average by Cap. -3.01%-4.72%+17.50%+16.40%

Financials

2026 *2027 *
Net sales 1.13B 121M 108M 99.14M 90.1M 169M 11.47B 173M 1.18B 475M 6.07B 455M 446M 19.22B 1.22B 131M 117M 107M 97.6M 183M 12.42B 188M 1.28B 515M 6.57B 493M 483M 20.82B
Net income 183M 19.68M 17.54M 16.08M 14.62M 27.48M 1.86B 28.11M 192M 77.07M 985M 73.88M 72.3M 3.12B 241M 26.01M 23.18M 21.26M 19.32M 36.31M 2.46B 37.14M 254M 102M 1.3B 97.63M 95.54M 4.12B
Net Debt -86.19M -9.29M -8.28M -7.59M -6.9M -12.97M -878M -13.26M -90.7M -36.36M -465M -34.86M -34.11M -1.47B -72.5M -7.81M -6.96M -6.38M -5.8M -10.91M -738M -11.16M -76.3M -30.59M -391M -29.32M -28.69M -1.24B
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
26-11-04 NOK 45.95 -0.76% 68,645
26-11-03 NOK 46.30 -3.04% 91,540
26-11-02 NOK 47.75 -3.24% 104,903
26-10-30 NOK 49.35 0.00% 71,486
26-10-29 NOK 49.35 +1.02% 133,526
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
45.95NOK
Average target price
56.50NOK
Spread / Average Target
+22.96%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NorAm Drilling
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