Valuation : NorAm Drilling

Market Cap 203.35Cr 22Cr 19Cr 18Cr 16Cr 30Cr 2.09TCr 31Cr 207.96Cr 82Cr 1.07TCr 82Cr 80Cr 3.33TCr P/E 2026 *
11.5x
P/E 2027 * 8.52x
Enterprise Value 196.8Cr 21Cr 18Cr 17Cr 16Cr 29Cr 2.03TCr 30Cr 201.27Cr 79Cr 1.03TCr 80Cr 78Cr 3.22TCr EV / Sales 2026 *
1.78x
EV / Sales 2027 * 1.66x
Free-Float
46.41%
Yield 2026 *
10.2%
Yield 2027 * 12.7%
1 day-0.53%
1 week+0.21%
Current month-0.42%
1 month+4.69%
3 months+6.35%
6 months+4.92%
Current year+42.12%
1 week 46.45
Extreme 46.45
47.6
1 month 44.3
Extreme 44.3
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 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. Importance
19/12/24 Buy

Investor Relations Manager

2,000 0.0046%
28/11/24 Buy

Chairman

30,000 0.0694%
15/03/23 Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
-0.53%+0.21%+70.24%-0.21% 22Cr
0.00%+1.20%+10.90%+45.68% 2.57TCr
-3.00%+4.75%+7.49%-19.21% 725.58Cr
+0.62%+0.29%+51.06%-15.39% 722.86Cr
-1.73%-3.08%+71.82%-34.75% 633.27Cr
-2.31%-3.47%+60.93%+11.15% 581.39Cr
-0.78%+0.17%+20.61% - 528.91Cr
-2.88%+2.27%-14.56%+8.87% 498.89Cr
-0.39%+3.46%+131.95%-18.36% 490.08Cr
-1.17%-0.72%+108.92%-2.95% 440.13Cr
Average -1.22%+0.38%+51.93%-2.80% 721.18Cr
Weighted average by Cap. -0.93%+0.59%+37.30%+10.60%

Financials

2026 *2027 *
Net sales 110.29Cr 12Cr 10Cr 9.55Cr 8.78Cr 16Cr 1.14TCr 17Cr 112.79Cr 44Cr 577.73Cr 45Cr 44Cr 1.81TCr 118.3Cr 13Cr 11Cr 10Cr 9.42Cr 18Cr 1.22TCr 18Cr 120.98Cr 47Cr 619.67Cr 48Cr 47Cr 1.94TCr
Net income 18Cr 1.92Cr 1.66Cr 1.54Cr 1.42Cr 2.64Cr 183.59Cr 2.68Cr 18Cr 7.15Cr 93Cr 7.21Cr 7.06Cr 291.8Cr 24Cr 2.59Cr 2.23Cr 2.08Cr 1.91Cr 3.56Cr 247.55Cr 3.61Cr 25Cr 9.64Cr 125.92Cr 9.73Cr 9.52Cr 393.46Cr
Net Debt -6.54Cr -70.54L -60.76L -56.68L -52.09L -97.05L -67Cr -98.29L -6.69Cr -2.62Cr -34Cr -2.65Cr -2.59Cr -107.11Cr -6.54Cr -70.54L -60.76L -56.68L -52.09L -97.05L -67Cr -98.29L -6.69Cr -2.62Cr -34Cr -2.65Cr -2.59Cr -107.11Cr
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
11/26/11 NOK 46.90 -0.53% 63,164
10/26/10 NOK 47.15 -0.42% 43,098
09/26/09 NOK 47.35 +0.42% 36,815
08/26/08 NOK 47.15 0.00% 53,541
07/26/07 NOK 47.15 +0.75% 22,109
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
46.90NOK
Average target price
56.50NOK
Spread / Average Target
+20.47%

Quarterly revenue - Rate of surprise

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