Valuation : NorAm Drilling

Market Cap 2.05B 220M 190M 178M 163M 304M 20.88B 308M 2.11B 822M 10.62B 826M 808M 35.09B P/E 2026 *
11.6x
P/E 2027 * 8.61x
Enterprise Value 1.99B 213M 184M 173M 158M 294M 20.21B 298M 2.05B 795M 10.28B 799M 782M 33.97B EV / Sales 2026 *
1.8x
EV / Sales 2027 * 1.68x
Free-Float
46.41%
Yield 2026 *
10.2%
Yield 2027 * 12.5%
1 day+0.53%
1 week-0.32%
Current month+0.53%
1 month+10.37%
3 months+4.30%
6 months+22.35%
Current year+43.48%
1 week 45.15
Extreme 45.15
47.9
1 month 42.2
Extreme 42.2
48.6
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.($)
+0.53%-0.32%+73.76%+0.11% 218M
-0.34%-6.02%+4.90%+40.98% 25.25B
+3.26%+1.60%+7.49%-14.40% 7.38B
+0.15%-0.33%+59.02%-13.10% 7.32B
+1.89%+2.60%+95.38%-27.63% 6.49B
+1.93%+2.60%+77.25%+16.89% 6B
-1.47%-6.18%+22.00% - 5.4B
0.00%0.00%-14.29%+10.00% 5.07B
+1.99%+7.84%+120.14%-9.55% 4.82B
+6.03%+8.76%+121.21%+15.55% 4.36B
Average +1.26%-0.25%+56.69%+2.09% 7.23B
Weighted average by Cap. +0.82%-1.81%+39.59%+12.36%

Financials

2026 *2027 *
Net sales 1.1B 118M 102M 95.93M 87.5M 163M 11.23B 165M 1.14B 442M 5.71B 444M 434M 18.87B 1.18B 127M 109M 103M 93.85M 175M 12.04B 177M 1.22B 474M 6.12B 476M 466M 20.24B
Net income 178M 19.12M 16.49M 15.51M 14.14M 26.38M 1.81B 26.74M 184M 71.4M 923M 71.77M 70.21M 3.05B 240M 25.78M 22.23M 20.91M 19.07M 35.58M 2.45B 36.06M 248M 96.28M 1.24B 96.77M 94.66M 4.11B
Net Debt -65.44M -7.02M -6.05M -5.69M -5.19M -9.68M -666M -9.82M -67.41M -26.21M -339M -26.34M -25.77M -1.12B -65.44M -7.02M -6.05M -5.69M -5.19M -9.68M -666M -9.82M -67.41M -26.21M -339M -26.34M -25.77M -1.12B
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
26-09-01 NOK 47.35 +0.53% 21,486
26-08-31 NOK 47.10 +1.40% 17,539
26-08-28 NOK 46.45 +1.86% 28,723
26-08-27 NOK 45.60 -0.33% 22,385
26-08-26 NOK 45.75 -1.72% 80,665
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
47.35NOK
Average target price
56.50NOK
Spread / Average Target
+19.32%

Quarterly revenue - Rate of surprise

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