Valuation: NorAm Drilling

Market Cap 168.29Cr 17Cr 15Cr 14Cr 13Cr 24Cr 1.63TCr 25Cr 165.09Cr 64Cr 801.1Cr 64Cr 63Cr 2.76TCr P/E 2026 *
11.4x
P/E 2027 * 7.09x
Enterprise Value 161.82Cr 16Cr 14Cr 13Cr 12Cr 23Cr 1.57TCr 24Cr 158.74Cr 62Cr 770.31Cr 62Cr 60Cr 2.65TCr EV / Sales 2026 *
1.52x
EV / Sales 2027 * 1.46x
Free-Float
41.36%
Yield 2026 *
10.5%
Yield 2027 * 15.1%
1 day+1.97%
1 week-1.52%
Current month+1.70%
1 month-12.70%
3 months-16.45%
6 months+16.14%
Current year+17.73%
1 week 37.7
Extreme 37.7
39.95
1 month 37.7
Extreme 37.7
45.65
Current year 31.55
Extreme 31.55
53.5
1 year 22.7
Extreme 22.7
53.5
3 years 21.8
Extreme 21.8
54.5
5 years 9
Extreme 9
67.8
10 years 5
Extreme 5
78
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
Date Insider Type Main position Quantity % Market Cap.
19/24/19Buy

Investor Relations Manager

2,000 0.0046%
28/24/28Buy

Chairman

30,000 0.0694%
15/23/15Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
+1.97%-1.52%+74.22%-21.83% 17Cr
-0.35%-2.74%-3.24%+56.47% 2.47TCr
+2.88%+2.71%-4.45%-24.59% 637.2Cr
+2.45%-0.89%+33.77%-10.36% 606.12Cr
+3.90%-0.98%+82.67%-27.40% 564.92Cr
+0.37%+0.69%+44.49% - 555.08Cr
+3.99%-1.32%+65.82%+19.39% 521.81Cr
0.00%+1.79%-20.83%+5.56% 454.45Cr
+1.05%-9.70%+37.24%-29.71% 328.75Cr
+1.23%-7.40%+90.62%-13.03% 312.78Cr
Average +1.75%-2.47%+40.03%-5.06% 647.11Cr
Weighted average by Cap. +1.19%-2.10%+22.83%+17.01%

Financials

2026 *2027 *
Net sales 106.26Cr 11Cr 9.45Cr 8.68Cr 8.09Cr 15Cr 1.03TCr 16Cr 104.24Cr 41Cr 505.82Cr 41Cr 40Cr 1.74TCr 111.08Cr 11Cr 9.88Cr 9.08Cr 8.46Cr 16Cr 1.08TCr 16Cr 108.97Cr 42Cr 528.77Cr 42Cr 41Cr 1.82TCr
Net income 15Cr 1.5Cr 1.31Cr 1.21Cr 1.13Cr 2.14Cr 143.17Cr 2.17Cr 15Cr 5.64Cr 70Cr 5.64Cr 5.52Cr 242.51Cr 24Cr 2.4Cr 2.1Cr 1.93Cr 1.8Cr 3.41Cr 228.35Cr 3.46Cr 23Cr 8.99Cr 112.24Cr 9Cr 8.81Cr 386.79Cr
Net Debt -6.47Cr -65.78L -57.51L -52.85L -49.26L -93.44L -63Cr -94.86L -6.34Cr -2.47Cr -31Cr -2.47Cr -2.42Cr -106.1Cr -6.52Cr -66.31L -57.97L -53.28L -49.66L -94.19L -63Cr -95.62L -6.4Cr -2.49Cr -31Cr -2.49Cr -2.44Cr -106.95Cr
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
03/26/03 NOK 38.85 +1.97% 1,02,453
02/26/02 NOK 38.10 -0.39% 60,104
01/26/01 NOK 38.25 +0.13% 75,858
30/26/30 NOK 38.20 -1.80% 1,00,532
29/26/29 NOK 38.90 -1.39% 1,18,296
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
38.85NOK
Average target price
56.50NOK
Spread / Average Target
+45.43%

Quarterly revenue - Rate of surprise

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