Valuation: Global Rig Company ASA

Market Cap 190.56Cr 20Cr 18Cr 17Cr 15Cr 28Cr 1.92TCr 29Cr 199.07Cr 77Cr 981.06Cr 75Cr 74Cr 3.18TCr P/E 2026 *
10.8x
P/E 2027 * 7.99x
Enterprise Value 184.01Cr 19Cr 17Cr 16Cr 15Cr 27Cr 1.86TCr 28Cr 192.23Cr 75Cr 947.37Cr 73Cr 71Cr 3.07TCr EV / Sales 2026 *
1.67x
EV / Sales 2027 * 1.56x
Free-Float
46.41%
Yield 2026 *
10.9%
Yield 2027 * 13.5%
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.($)
+2.66%+0.35%-3.02%+45.48% 2.46TCr
+1.90%+1.58%+59.15%-11.25% 719.03Cr
+1.21%-4.39%+12.84%-18.58% 711.83Cr
-0.36%-1.26%+54.52%-32.80% 613.17Cr
-0.18%+0.06%+63.57%+11.34% 574.37Cr
-0.06%-0.88%+7.01% - 493.95Cr
-2.29%-9.86%-16.88%0.00% 487.98Cr
-0.63%-7.98%+101.64%-23.55% 424.86Cr
-0.58%-5.04%+81.47%-7.61% 397.66Cr
Average +0.19%-3.40%+40.03%-4.62% 764.28Cr
Weighted average by Cap. +0.99%-2.94%+26.90%+9.98%

Financials

2026 *2027 *
Net sales 110.29Cr 12Cr 10Cr 9.59Cr 8.77Cr 16Cr 1.11TCr 17Cr 115.22Cr 45Cr 567.82Cr 44Cr 43Cr 1.84TCr 118.3Cr 12Cr 11Cr 10Cr 9.41Cr 18Cr 1.19TCr 18Cr 123.58Cr 48Cr 609.04Cr 47Cr 46Cr 1.97TCr
Net income 18Cr 1.88Cr 1.65Cr 1.55Cr 1.42Cr 2.65Cr 180.02Cr 2.67Cr 19Cr 7.22Cr 92Cr 7.06Cr 6.9Cr 297.58Cr 24Cr 2.53Cr 2.22Cr 2.09Cr 1.91Cr 3.57Cr 242.74Cr 3.6Cr 25Cr 9.74Cr 123.76Cr 9.52Cr 9.31Cr 401.26Cr
Net Debt -6.54Cr -68.98L -60.55L -56.91L -52.04L -97.24L -66Cr -97.96L -6.84Cr -2.65Cr -34Cr -2.59Cr -2.53Cr -109.23Cr -6.54Cr -68.98L -60.55L -56.91L -52.04L -97.24L -66Cr -97.96L -6.84Cr -2.65Cr -34Cr -2.59Cr -2.53Cr -109.23Cr
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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