Valuation : NorAm Drilling

Market Cap 201.21Cr 21Cr 19Cr 17Cr 16Cr 30Cr 2.05TCr 30Cr 204.73Cr 80Cr 1.04TCr 81Cr 79Cr 3.42TCr P/E 2026 *
11.4x
P/E 2027 * 8.44x
Enterprise Value 194.67Cr 21Cr 18Cr 17Cr 15Cr 29Cr 1.98TCr 29Cr 198.07Cr 78Cr 1TCr 78Cr 76Cr 3.31TCr EV / Sales 2026 *
1.77x
EV / Sales 2027 * 1.65x
Free-Float
41.45%
Yield 2026 *
10.3%
Yield 2027 * 12.8%
1 day+1.43%
1 week-1.16%
Current month+7.86%
1 month+9.52%
3 months-8.69%
6 months+25.52%
Current year+57.30%
1 week 4.17
Extreme 4.17
4.41
1 month 3.86
Extreme 3.855
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.($)
+1.43%-1.16% - - 21Cr
-1.66%-3.74%+5.90%+43.69% 2.58TCr
-2.10%-2.60%+59.50%-8.95% 746.17Cr
+0.89%-1.28%+1.94%-18.72% 722.19Cr
+1.05%-3.49%+82.97%-24.87% 641.09Cr
+0.99%-3.04%+75.07%+17.50% 593.26Cr
-1.61%-2.08%+22.62% - 538.77Cr
+1.52%+1.52%-14.10%+11.67% 501.07Cr
+1.39%+2.05%+117.69%-11.28% 467.58Cr
+0.31%-3.51%+115.23%+5.48% 423.94Cr
Average +0.22%-2.23%+51.87%+1.81% 801.27Cr
Weighted average by Cap. -0.45%-2.67%+37.13%+13.45%

Financials

2026 *2027 *
Net sales 110.29Cr 12Cr 10Cr 9.51Cr 8.7Cr 16Cr 1.12TCr 16Cr 112.22Cr 44Cr 567.68Cr 44Cr 43Cr 1.88TCr 118.3Cr 13Cr 11Cr 10Cr 9.33Cr 17Cr 1.2TCr 18Cr 120.36Cr 47Cr 608.89Cr 47Cr 46Cr 2.01TCr
Net income 18Cr 1.9Cr 1.64Cr 1.54Cr 1.41Cr 2.63Cr 181.42Cr 2.65Cr 18Cr 7.12Cr 92Cr 7.14Cr 6.99Cr 303.26Cr 24Cr 2.57Cr 2.21Cr 2.07Cr 1.9Cr 3.54Cr 244.63Cr 3.58Cr 24Cr 9.6Cr 123.73Cr 9.63Cr 9.42Cr 408.91Cr
Net Debt -6.54Cr -69.83L -60.27L -56.44L -51.6L -96.39L -67Cr -97.42L -6.66Cr -2.61Cr -34Cr -2.62Cr -2.56Cr -111.32Cr -6.54Cr -69.83L -60.27L -56.44L -51.6L -96.39L -67Cr -97.42L -6.66Cr -2.61Cr -34Cr -2.62Cr -2.56Cr -111.32Cr
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
28/26/28 €4.255 +1.43% 22
27/26/27 €4.195 -0.24% 0
26/26/26 €4.205 -1.87% 145
25/26/25 €4.285 -2.28% 160
24/26/24 €4.385 +0.57% 0
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
46.45NOK
Average target price
56.50NOK
Spread / Average Target
+21.64%

Quarterly revenue - Rate of surprise