Valuation: NorAm Drilling

Market Cap 187.78Cr 20Cr 17Cr 16Cr 15Cr 28Cr 1.88TCr 28Cr 187.38Cr 74Cr 943.17Cr 74Cr 73Cr 3.12TCr P/E 2026 *
11.3x
P/E 2027 * 7.96x
Enterprise Value 181.9Cr 19Cr 17Cr 15Cr 14Cr 27Cr 1.82TCr 27Cr 181.52Cr 71Cr 913.63Cr 72Cr 70Cr 3.02TCr EV / Sales 2026 *
1.61x
EV / Sales 2027 * 1.58x
Free-Float
41.36%
Yield 2026 *
10.9%
Yield 2027 * 13.6%
1 day+1.28%
1 week+0.51%
Current month+0.51%
1 month+16.45%
3 months-8.64%
6 months+36.25%
Current year+46.58%
1 week 3.86
Extreme 3.86
4.02
1 month 3.63
Extreme 3.63
4.2
Current year 2.7
Extreme 2.705
4.95
1 year 2.06
Extreme 2.055
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.($)
+1.28%+0.51% - - 19Cr
-0.66%+2.06%+3.48%+50.38% 2.63TCr
+0.59%-3.04%-3.17%-27.28% 693.85Cr
+0.20%-3.84%+53.33%-21.14% 649.58Cr
+1.94%-1.13%+78.31%-35.30% 576.37Cr
+2.03%-0.52%+67.62%+4.51% 534.69Cr
-3.07%+6.31%+18.09% - 520.23Cr
+0.78%+0.78%-19.38%+9.32% 489.6Cr
-1.79%-5.82%+84.49%-35.07% 383.29Cr
+0.08%+7.32%+132.17%-14.99% 370.46Cr
Average -0.09%+1.78%+46.10%-8.69% 760.88Cr
Weighted average by Cap. -0.31%+2.43%+29.81%+10.66%

Financials

2026 *2027 *
Net sales 112.72Cr 12Cr 10Cr 9.59Cr 8.8Cr 17Cr 1.13TCr 17Cr 112.48Cr 44Cr 566.18Cr 45Cr 44Cr 1.87TCr 114.62Cr 12Cr 10Cr 9.75Cr 8.94Cr 17Cr 1.15TCr 17Cr 114.38Cr 45Cr 575.71Cr 45Cr 44Cr 1.9TCr
Net income 17Cr 1.75Cr 1.52Cr 1.42Cr 1.3Cr 2.45Cr 166.98Cr 2.48Cr 17Cr 6.53Cr 84Cr 6.59Cr 6.44Cr 276.69Cr 24Cr 2.51Cr 2.17Cr 2.02Cr 1.86Cr 3.49Cr 238.42Cr 3.55Cr 24Cr 9.32Cr 119.5Cr 9.41Cr 9.2Cr 395.06Cr
Net Debt -5.88Cr -61.92L -53.57L -50.02L -45.89L -86.31L -59Cr -87.68L -5.87Cr -2.3Cr -30Cr -2.33Cr -2.27Cr -98Cr -6.23Cr -65.56L -56.71L -52.96L -48.58L -91.38L -62Cr -92.83L -6.21Cr -2.44Cr -31Cr -2.46Cr -2.41Cr -103.39Cr
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
07/26/07 €3.965 +1.28% 50
06/26/06 €3.915 -0.13% 25
05/26/05 €3.920 +0.38% 0
04/26/04 €3.905 -0.64% 8
03/26/03 €3.930 -0.38% 310
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
43.35NOK
Average target price
56.50NOK
Spread / Average Target
+30.33%

Quarterly revenue - Rate of surprise