Valuation: NorAm Drilling

Market Cap 199.45Cr 21Cr 18Cr 17Cr 16Cr 30Cr 2.03TCr 30Cr 208.69Cr 81Cr 1.03TCr 79Cr 78Cr 3.32TCr P/E 2026 *
11.3x
P/E 2027 * 8.36x
Enterprise Value 192.9Cr 20Cr 18Cr 17Cr 15Cr 29Cr 1.96TCr 29Cr 201.84Cr 78Cr 998.4Cr 77Cr 75Cr 3.21TCr EV / Sales 2026 *
1.75x
EV / Sales 2027 * 1.63x
Free-Float
46.41%
Yield 2026 *
10.5%
Yield 2027 * 12.9%
1 day-1.50%
1 week-2.52%
Current month-0.47%
1 month+3.78%
3 months+20.88%
6 months+5.06%
Current year+57.30%
1 week 4.21
Extreme 4.21
4.41
1 month 4.17
Extreme 4.17
4.42
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.($)
-1.50%-2.52% - - 21Cr
-0.87%-3.90%-3.41%+48.43% 2.47TCr
-0.79%-0.92%+9.12%-21.21% 710.77Cr
-0.36%-2.43%+56.44%-14.00% 706.58Cr
-0.35%-0.53%+69.88%-30.11% 629.92Cr
-0.35%+0.04%+66.42%+12.25% 581.59Cr
+0.24%-5.61%+7.88% - 499.09Cr
-2.26%-3.70%-17.72%-1.52% 483.46Cr
-2.08%-8.33%+120.19%-22.24% 449.27Cr
-1.33%-7.11%+99.17%-8.54% 408.85Cr
Average -0.96%-3.61%+45.33%-4.62% 770.92Cr
Weighted average by Cap. -0.84%-3.39%+30.34%+10.64%

Financials

2026 *2027 *
Net sales 110.29Cr 12Cr 10Cr 9.63Cr 8.75Cr 16Cr 1.12TCr 16Cr 115.4Cr 45Cr 570.83Cr 44Cr 43Cr 1.84TCr 118.3Cr 13Cr 11Cr 10Cr 9.38Cr 18Cr 1.2TCr 18Cr 123.78Cr 48Cr 612.27Cr 47Cr 46Cr 1.97TCr
Net income 18Cr 1.89Cr 1.65Cr 1.56Cr 1.41Cr 2.65Cr 181.49Cr 2.66Cr 19Cr 7.2Cr 92Cr 7.1Cr 6.95Cr 296.89Cr 24Cr 2.55Cr 2.22Cr 2.1Cr 1.91Cr 3.57Cr 244.71Cr 3.59Cr 25Cr 9.71Cr 124.41Cr 9.58Cr 9.37Cr 400.32Cr
Net Debt -6.54Cr -69.43L -60.54L -57.16L -51.91L -97.25L -67Cr -97.66L -6.85Cr -2.64Cr -34Cr -2.61Cr -2.55Cr -108.98Cr -6.54Cr -69.43L -60.54L -57.16L -51.91L -97.25L -67Cr -97.66L -6.85Cr -2.64Cr -34Cr -2.61Cr -2.55Cr -108.98Cr
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
18/26/18 €4.255 -1.50% 600
17/26/17 €4.320 -1.14% 50
16/26/16 €4.370 +2.82% 0
15/26/15 €4.250 -2.86% 655
14/26/14 €4.375 +0.23% 100
Trader
Investor
Global
Quality
ESG MSCI
-
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

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