Valuation: NorAm Drilling

Market Cap 199.45Cr 21Cr 19Cr 17Cr 16Cr 30Cr 2.02TCr 30Cr 208.47Cr 82Cr 1.03TCr 78Cr 77Cr 3.3TCr P/E 2026 *
10.6x
P/E 2027 * 8.35x
Enterprise Value 192.22Cr 20Cr 18Cr 17Cr 15Cr 29Cr 1.94TCr 29Cr 200.92Cr 79Cr 991.44Cr 75Cr 74Cr 3.18TCr EV / Sales 2026 *
1.78x
EV / Sales 2027 * 1.63x
Free-Float
46.41%
Yield 2026 *
10.7%
Yield 2027 * 12.9%
1 day+2.64%
1 week+5.17%
Current month+5.56%
1 month-1.95%
3 months+16.67%
6 months+0.47%
Current year+57.86%
1 week 4.02
Extreme 4.025
4.28
1 month 4
Extreme 3.995
4.41
Current year 2.7
Extreme 2.705
4.95
1 year 2.1
Extreme 2.1
4.95
3 years 1.86
Extreme 1.86
4.95
5 years 1.86
Extreme 1.86
6
10 years 1.86
Extreme 1.86
6
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.($)
+2.64%+5.17% - - 21Cr
+2.01%-1.24%-5.26%+40.20% 2.43TCr
-1.23%+4.43%+9.67%-17.33% 732.24Cr
+0.50%+4.08%+58.65%-12.57% 676.24Cr
-0.54%+6.58%+78.90%-29.09% 615.4Cr
-0.37%+6.71%+78.93%+14.42% 580.83Cr
0.00%+3.12%-16.46%+8.20% 486.41Cr
-2.85%-3.14%+3.61% - 480.74Cr
-1.48%+0.89%+110.61%-14.51% 431.35Cr
-0.77%+3.42%+82.52%-3.93% 398.56Cr
Average -0.21%+2.34%+44.57%-1.83% 759.03Cr
Weighted average by Cap. +0.22%+1.45%+29.67%+9.94%

Financials

2026 *2027 *
Net sales 108.09Cr 11Cr 10Cr 9.39Cr 8.54Cr 16Cr 1.09TCr 16Cr 112.98Cr 44Cr 557.51Cr 42Cr 42Cr 1.79TCr 118.42Cr 12Cr 11Cr 10Cr 9.35Cr 18Cr 1.2TCr 18Cr 123.78Cr 48Cr 610.78Cr 46Cr 45Cr 1.96TCr
Net income 19Cr 1.99Cr 1.78Cr 1.65Cr 1.5Cr 2.84Cr 192.55Cr 2.85Cr 20Cr 7.79Cr 98Cr 7.47Cr 7.31Cr 315.02Cr 24Cr 2.52Cr 2.25Cr 2.09Cr 1.9Cr 3.59Cr 243.45Cr 3.6Cr 25Cr 9.86Cr 124.12Cr 9.45Cr 9.24Cr 398.31Cr
Net Debt -7.22Cr -75.49L -67.42L -62.72L -57.05L -1.08Cr -73Cr -1.08Cr -7.55Cr -2.96Cr -37Cr -2.83Cr -2.77Cr -119.54Cr -6.55Cr -68.48L -61.16L -56.9L -51.75L -97.72L -66Cr -98.14L -6.85Cr -2.68Cr -34Cr -2.57Cr -2.52Cr -108.44Cr
Projected Income Statement - Annual - NorAm Drilling
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
09/26/09 €4.270 +2.64% 4
08/26/08 €4.160 +1.96% 697
07/26/07 €4.080 0.00% 50
06/26/06 €4.080 -0.12% 0
05/26/05 €4.085 +0.62% 0
Trader
Investor
Global
Quality
ESG MSCI
-
Ratings Surperformance© - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
46.00NOK
Average target price
56.50NOK
Spread / Average Target
+22.83%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NorAm Drilling