Valuation: NorAm Drilling

Market Cap 1.88B 198M 171M 160M 147M 276M 18.82B 280M 1.87B 735M 9.43B 742M 726M 31.18B P/E 2026 *
11.3x
P/E 2027 * 7.96x
Enterprise Value 1.82B 192M 166M 155M 142M 267M 18.23B 271M 1.82B 712M 9.14B 719M 703M 30.2B EV / Sales 2026 *
1.61x
EV / Sales 2027 * 1.58x
Free-Float
41.36%
Yield 2026 *
10.9%
Yield 2027 * 13.6%
1 day+0.97%
1 week+1.93%
Current month+0.51%
1 month+16.62%
3 months-10.70%
6 months+36.25%
Current year+46.58%
1 week 3.86
Extreme 3.86
4.02
1 month 3.44
Extreme 3.435
4.2
Current year 2.7
Extreme 2.705
4.95
1 year 2.06
Extreme 2.055
4.95
3 years 1.86
Extreme 1.86
4.95
5 years 1.86
Extreme 1.86
6
10 years 1.86
Extreme 1.86
6
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
Change 5-day change 1-year change 3-year change Capi.($)
+1.28%+1.93% - - 195M
-0.66%+3.30%+2.41%+49.25% 26.3B
+0.59%-4.92%-3.04%-26.18% 6.94B
+0.92%-2.46%+47.14%-23.11% 6.5B
+1.94%+3.54%+73.60%-38.04% 5.76B
+2.03%+4.23%+63.58%+3.35% 5.35B
-3.07%+6.31%+19.12% - 5.2B
+0.78%+2.38%-20.37%+9.32% 4.9B
-1.79%+0.20%+81.43%-35.36% 3.83B
+0.08%+9.86%+139.51%-16.21% 3.7B
Average -0.37%+2.93%+44.82%-9.63% 7.61B
Weighted average by Cap. -0.58%+3.22%+28.35%+9.67%

Financials

2026 *2027 *
Net sales 1.13B 119M 103M 95.87M 87.95M 165M 11.3B 168M 1.12B 441M 5.66B 446M 436M 18.72B 1.15B 121M 104M 97.49M 89.43M 168M 11.49B 171M 1.14B 449M 5.76B 453M 443M 19.03B
Net income 167M 17.55M 15.18M 14.17M 13M 24.45M 1.67B 24.84M 166M 65.27M 837M 65.89M 64.44M 2.77B 238M 25.05M 21.67M 20.24M 18.56M 34.92M 2.38B 35.47M 237M 93.19M 1.2B 94.07M 92.01M 3.95B
Net Debt -58.81M -6.19M -5.36M -5M -4.59M -8.63M -589M -8.77M -58.69M -23.03M -295M -23.25M -22.75M -977M -62.27M -6.56M -5.67M -5.3M -4.86M -9.14M -624M -9.28M -62.13M -24.39M -313M -24.62M -24.08M -1.03B
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
26-08-07 3.965 +1.28% 50
26-08-06 €3.915 -0.13% 25
26-08-05 €3.920 +0.38% 0
26-08-04 €3.905 -0.64% 8
26-08-03 €3.930 -0.38% 310
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
43.35NOK
Average target price
56.50NOK
Spread / Average Target
+30.33%

Quarterly revenue - Rate of surprise