Valuation: NorAm Drilling

Market Cap 168.72Cr 17Cr 15Cr 14Cr 13Cr 24Cr 1.61TCr 25Cr 167.04Cr 65Cr 795.89Cr 64Cr 63Cr 2.77TCr P/E 2026 *
11.4x
P/E 2027 * 7.11x
Enterprise Value 162.26Cr 16Cr 14Cr 13Cr 13Cr 23Cr 1.55TCr 24Cr 160.64Cr 62Cr 765.37Cr 62Cr 60Cr 2.66TCr EV / Sales 2026 *
1.53x
EV / Sales 2027 * 1.46x
Free-Float
41.36%
Yield 2026 *
10.4%
Yield 2027 * 15%
1 day+0.29%
1 week-1.98%
Current month-18.16%
1 month-27.63%
3 months-14.64%
6 months+28.52%
Current year+28.28%
1 week 3.3
Extreme 3.3
3.6
1 month 3.3
Extreme 3.3
4.8
Current year 2.7
Extreme 2.705
4.95
1 year 1.86
Extreme 1.86
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.($)
+0.29%-1.98% - - 17Cr
-1.19%-5.05%+2.46%+63.76% 2.57TCr
-6.83%-2.51%+54.80%+14.87% 624.94Cr
-2.58%-6.81%+0.31%-16.38% 642.69Cr
+0.50%-4.05%+92.99%-18.87% 562.69Cr
-0.07%-3.13%+81.10%+30.96% 522.99Cr
+0.43%+1.63%+45.05% - 548.77Cr
0.00%-7.94%-13.43%+11.54% 458.01Cr
+0.74%-5.18%+65.57%-18.07% 361.4Cr
+2.18%-4.32%+116.15%-2.56% 327.37Cr
Average -0.65%-5.77%+49.44%+8.16% 735.28Cr
Weighted average by Cap. -1.13%-5.13%+32.61%+27.36%

Financials

2026 *2027 *
Net sales 106.26Cr 11Cr 9.49Cr 8.75Cr 8.19Cr 15Cr 1.02TCr 16Cr 105.2Cr 41Cr 501.24Cr 40Cr 40Cr 1.74TCr 111.08Cr 11Cr 9.92Cr 9.15Cr 8.56Cr 16Cr 1.06TCr 16Cr 109.97Cr 43Cr 523.98Cr 42Cr 41Cr 1.82TCr
Net income 15Cr 1.5Cr 1.32Cr 1.22Cr 1.14Cr 2.13Cr 141.37Cr 2.17Cr 15Cr 5.67Cr 70Cr 5.63Cr 5.51Cr 242.63Cr 24Cr 2.39Cr 2.11Cr 1.94Cr 1.82Cr 3.4Cr 225.48Cr 3.47Cr 23Cr 9.04Cr 111.23Cr 8.98Cr 8.79Cr 386.98Cr
Net Debt -6.47Cr -65.62L -57.77L -53.29L -49.84L -93.38L -62Cr -95.12L -6.4Cr -2.48Cr -31Cr -2.46Cr -2.41Cr -106.15Cr -6.52Cr -66.15L -58.23L -53.71L -50.24L -94.13L -62Cr -95.88L -6.46Cr -2.5Cr -31Cr -2.48Cr -2.43Cr -107Cr
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
25/26/25 3.470 -1.00% 0
24/26/24 €3.505 -0.99% 250
23/26/23 €3.540 +1.87% 0
22/26/22 €3.475 -1.28% 10
19/26/19 €3.520 -0.56% 372
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
38.95NOK
Average target price
56.50NOK
Spread / Average Target
+45.06%

Quarterly revenue - Rate of surprise