Valuation: Global Rig Company ASA

Market Cap 192.98Cr 20Cr 18Cr 16Cr 15Cr 28Cr 1.94TCr 29Cr 193.24Cr 76Cr 969.79Cr 76Cr 75Cr 3.24TCr P/E 2026 *
11.7x
P/E 2027 * 8.18x
Enterprise Value 187.1Cr 20Cr 17Cr 16Cr 15Cr 27Cr 1.88TCr 28Cr 187.35Cr 73Cr 940.24Cr 74Cr 72Cr 3.14TCr EV / Sales 2026 *
1.66x
EV / Sales 2027 * 1.63x
Free-Float
41.36%
Yield 2026 *
10.6%
Yield 2027 * 13.2%
Manager TitleAgeSince
Chief Executive Officer 62 01/01/2017
Chief Operating Officer - 01/11/2014
Investor Relations Contact - 01/08/2022
Director TitleAgeSince
Chairman 60 -
Director/Board Member 53 01/03/2022
Director/Board Member 40 01/06/2023
Change 5-day change 1-year change 3-year change Capi.($)
+1.53%+1.53%+3.64%+50.63% 2.56TCr
+2.06%+7.74%+62.62%-16.43% 695.24Cr
+1.51%+0.78%-0.14%-25.40% 692.82Cr
+1.57%+11.30%+99.66%-32.44% 638.86Cr
+1.46%+11.08%+87.35%+15.21% 594.02Cr
+3.47%+3.59%+20.80% - 516.66Cr
+0.77%+2.34%-18.12%+9.17% 494.58Cr
+0.64%+9.61%+104.44%-26.90% 419.14Cr
+1.65%+23.40%+142.78%-0.86% 418.44Cr
Average +1.61%+18.83%+55.89%-3.38% 781.59Cr
Weighted average by Cap. +1.61%+14.84%+38.90%+12.59%

Financials

2026 *2027 *
Net sales 112.72Cr 12Cr 10Cr 9.63Cr 8.78Cr 17Cr 1.13TCr 17Cr 112.88Cr 44Cr 566.48Cr 45Cr 44Cr 1.89TCr 114.62Cr 12Cr 10Cr 9.79Cr 8.93Cr 17Cr 1.15TCr 17Cr 114.78Cr 45Cr 576.01Cr 45Cr 44Cr 1.92TCr
Net income 17Cr 1.75Cr 1.52Cr 1.42Cr 1.3Cr 2.44Cr 167.3Cr 2.48Cr 17Cr 6.54Cr 84Cr 6.59Cr 6.44Cr 279.37Cr 24Cr 2.5Cr 2.17Cr 2.03Cr 1.85Cr 3.49Cr 238.88Cr 3.55Cr 24Cr 9.33Cr 119.56Cr 9.4Cr 9.2Cr 398.89Cr
Net Debt -5.88Cr -61.91L -53.65L -50.23L -45.83L -86.24L -59Cr -87.69L -5.89Cr -2.31Cr -30Cr -2.32Cr -2.27Cr -99Cr -6.23Cr -65.55L -56.8L -53.18L -48.52L -91.3L -63Cr -92.84L -6.24Cr -2.44Cr -31Cr -2.46Cr -2.41Cr -104.39Cr
Logo Global Rig Company ASA
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
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Trader
Investor
Global
Quality
ESG MSCI
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