Valuation: NorAm Drilling

Market Cap 176.3Cr 18Cr 16Cr 15Cr 13Cr 26Cr 1.72TCr 26Cr 174.11Cr 68Cr 848.6Cr 68Cr 66Cr 2.92TCr P/E 2026 *
10.6x
P/E 2027 * 7.47x
Enterprise Value 170.42Cr 17Cr 15Cr 14Cr 13Cr 25Cr 1.67TCr 25Cr 168.3Cr 66Cr 820.3Cr 66Cr 64Cr 2.82TCr EV / Sales 2026 *
1.51x
EV / Sales 2027 * 1.48x
Free-Float
41.36%
Yield 2026 *
11.6%
Yield 2027 * 14.4%
1 day-2.86%
1 week+4.76%
Current month+6.54%
1 month-6.00%
3 months-13.77%
6 months+20.06%
Current year+23.33%
1 week 37.95
Extreme 37.95
41.9
1 month 37.7
Extreme 37.7
44.6
Current year 31.55
Extreme 31.55
53.5
1 year 23.05
Extreme 23.05
53.5
3 years 21.8
Extreme 21.8
53.5
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

Investor Relations Manager

2,000 0.0046%
Change 5-day change 1-year change 3-year change Capi.($)
-2.86%+4.76%+72.09%-24.63% 19Cr
0.00%+1.94%0.00%+58.20% 2.52TCr
-0.61%+0.78%-3.57%-24.53% 642.31Cr
-1.49%+2.40%+26.30%-16.47% 620.63Cr
+1.17%+2.77%+79.93%-34.92% 573.85Cr
+0.10%+2.17%+43.99% - 567.06Cr
+1.62%+2.95%+53.42%+13.27% 528.6Cr
+3.39%+7.02%-18.67%+12.96% 451.39Cr
-0.11%+8.43%+43.14%-29.72% 356.84Cr
+1.77%+6.49%+93.55%-7.60% 327.27Cr
Average +0.30%+4.31%+39.02%-5.94% 660.75Cr
Weighted average by Cap. +0.35%+2.83%+23.01%+16.56%

Financials

2026 *2027 *
Net sales 112.72Cr 12Cr 10Cr 9.32Cr 8.61Cr 16Cr 1.1TCr 17Cr 111.32Cr 44Cr 542.58Cr 43Cr 42Cr 1.87TCr 114.62Cr 12Cr 10Cr 9.47Cr 8.75Cr 17Cr 1.12TCr 17Cr 113.19Cr 44Cr 551.71Cr 44Cr 43Cr 1.9TCr
Net income 17Cr 1.71Cr 1.49Cr 1.38Cr 1.27Cr 2.41Cr 162.81Cr 2.45Cr 16Cr 6.46Cr 80Cr 6.41Cr 6.27Cr 275.73Cr 24Cr 2.44Cr 2.13Cr 1.97Cr 1.82Cr 3.45Cr 232.46Cr 3.5Cr 23Cr 9.23Cr 114.52Cr 9.15Cr 8.95Cr 393.69Cr
Net Debt -5.88Cr -60.25L -52.7L -48.61L -44.9L -85.19L -57Cr -86.62L -5.81Cr -2.28Cr -28Cr -2.26Cr -2.21Cr -97Cr -6.23Cr -63.79L -55.8L -51.47L -47.53L -90.19L -61Cr -91.71L -6.15Cr -2.41Cr -30Cr -2.4Cr -2.34Cr -103.03Cr
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
10/26/10 NOK 40.70 -2.86% 36,986
09/26/09 NOK 41.90 +5.67% 1,16,806
08/26/08 NOK 39.65 +2.99% 88,102
07/26/07 NOK 38.50 +1.32% 48,719
06/26/06 NOK 38.00 -2.19% 64,535
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
40.70NOK
Average target price
56.50NOK
Spread / Average Target
+38.82%

Quarterly revenue - Rate of surprise

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