Valuation: NorAm Drilling

Market Cap 181.94Cr 19Cr 16Cr 15Cr 14Cr 26Cr 1.81TCr 27Cr 181.46Cr 71Cr 885.7Cr 71Cr 69Cr 3.06TCr P/E 2026 *
11x
P/E 2027 * 7.71x
Enterprise Value 176.05Cr 18Cr 16Cr 15Cr 14Cr 26Cr 1.76TCr 26Cr 175.59Cr 69Cr 857.07Cr 68Cr 67Cr 2.96TCr EV / Sales 2026 *
1.56x
EV / Sales 2027 * 1.53x
Free-Float
41.36%
Yield 2026 *
11.2%
Yield 2027 * 14%
1 day-0.32%
1 week+2.87%
Current month+10.90%
1 month+5.76%
3 months-9.28%
6 months+36.66%
Current year+39.19%
1 week 3.63
Extreme 3.63
4
1 month 3.3
Extreme 3.3
4
Current year 2.7
Extreme 2.705
4.95
1 year 1.96
Extreme 1.958
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.($)
-0.32%+2.87% - - 19Cr
-0.18%-3.80%-3.30%+48.93% 2.43TCr
-1.03%+3.70%-1.03%-23.61% 667.33Cr
-2.64%+4.32%+52.16%-16.48% 644.88Cr
-1.54%-0.39%+100.78%-34.44% 571.62Cr
-1.33%-3.99%+42.60% - 544.22Cr
-0.75%+0.04%+68.05%+11.20% 528.81Cr
-1.61%0.00%-23.75%+7.02% 452.76Cr
-2.03%+2.55%+62.84%-28.96% 365.95Cr
+0.09%+2.05%+114.37%-10.97% 333.97Cr
Average -0.92%+1.11%+45.86%-5.92% 726.56Cr
Weighted average by Cap. -0.76%-0.28%+29.39%+11.28%

Financials

2026 *2027 *
Net sales 112.72Cr 12Cr 10Cr 9.43Cr 8.65Cr 16Cr 1.12TCr 17Cr 112.43Cr 44Cr 548.76Cr 44Cr 43Cr 1.89TCr 114.62Cr 12Cr 10Cr 9.59Cr 8.8Cr 17Cr 1.14TCr 17Cr 114.32Cr 45Cr 558Cr 45Cr 44Cr 1.93TCr
Net income 17Cr 1.72Cr 1.51Cr 1.39Cr 1.28Cr 2.42Cr 166.12Cr 2.46Cr 17Cr 6.53Cr 81Cr 6.47Cr 6.33Cr 280.07Cr 24Cr 2.46Cr 2.15Cr 1.99Cr 1.83Cr 3.46Cr 237.19Cr 3.52Cr 24Cr 9.32Cr 115.83Cr 9.24Cr 9.04Cr 399.88Cr
Net Debt -5.88Cr -60.85L -53.19L -49.19L -45.13L -85.42L -59Cr -86.91L -5.87Cr -2.3Cr -29Cr -2.29Cr -2.23Cr -99Cr -6.23Cr -64.42L -56.31L -52.07L -47.79L -90.44L -62Cr -92.01L -6.21Cr -2.44Cr -30Cr -2.42Cr -2.37Cr -104.65Cr
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
17/26/17 3.765 +0.13% 0
16/26/16 €3.760 -1.05% 12
15/26/15 €3.800 -2.56% 14
14/26/14 €3.900 +3.45% 910
13/26/13 €3.770 +3.01% 2
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
42.00NOK
Average target price
56.50NOK
Spread / Average Target
+34.52%

Quarterly revenue - Rate of surprise