Valuation: NorAm Drilling

Market Cap 2.11B 224M 199M 185M 168M 315M 21.2B 320M 2.21B 871M 11.08B 839M 821M 35.42B P/E 2026 *
11.6x
P/E 2027 * 8.8x
Enterprise Value 2.02B 214M 191M 177M 161M 302M 20.33B 307M 2.12B 835M 10.63B 805M 788M 33.97B EV / Sales 2026 *
1.79x
EV / Sales 2027 * 1.67x
Free-Float
46.41%
Yield 2026 *
9.2%
Yield 2027 * 12.3%
1 day-0.10%
1 week+5.54%
Current month+10.22%
1 month+5.54%
3 months+16.01%
6 months+8.86%
Current year+47.12%
1 week 46.2
Extreme 46.2
49.3
1 month 42.9
Extreme 42.9
49.3
Current year 31.55
Extreme 31.55
53.5
1 year 26.5
Extreme 26.5
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. 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.($)
-0.10%+5.54%+81.84%-0.31% 223M
+0.55%-0.90%-3.15%+55.77% 23.95B
-0.26%-1.63%+13.06%-19.12% 7.4B
+4.80%+5.18%+79.03%-20.30% 6.28B
+4.77%+5.24%+82.58%+25.58% 5.92B
-1.52%-3.29%+2.41%-8.86% 4.82B
+0.81%-6.06%-15.07%+3.33% 4.62B
+4.78%+6.35%+108.84%-13.68% 4.39B
+2.06%-1.34%+62.00%-10.20% 3.74B
+2.07%+2.64%+59.12%+15.00% 2.96B
Average +1.80%-0.33%+47.07%+2.72% 6.43B
Weighted average by Cap. +1.57%-1.02%+28.79%+17.69%

Financials

2026 *2027 *
Net sales 1.13B 120M 107M 98.76M 89.79M 168M 11.34B 171M 1.18B 466M 5.93B 449M 439M 18.95B 1.22B 130M 115M 107M 97.27M 183M 12.28B 186M 1.28B 505M 6.42B 486M 476M 20.52B
Net income 183M 19.4M 17.3M 16.02M 14.57M 27.34M 1.84B 27.79M 192M 75.57M 962M 72.8M 71.28M 3.07B 241M 25.64M 22.86M 21.17M 19.25M 36.13M 2.43B 36.72M 254M 99.86M 1.27B 96.21M 94.19M 4.06B
Net Debt -86.19M -9.16M -8.16M -7.56M -6.87M -12.9M -868M -13.11M -90.68M -35.66M -454M -34.35M -33.63M -1.45B -72.5M -7.7M -6.86M -6.36M -5.78M -10.85M -730M -11.03M -76.27M -29.99M -382M -28.89M -28.29M -1.22B
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
26-10-19 NOK 48.55 -0.10% 60,752
26-10-16 NOK 48.60 +0.62% 150,285
26-10-15 NOK 48.30 +2.55% 334,021
26-10-14 NOK 47.10 -1.26% 74,808
26-10-13 NOK 47.70 +2.58% 127,268
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
48.60NOK
Average target price
56.50NOK
Spread / Average Target
+16.26%

Quarterly revenue - Rate of surprise

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