Valuation: NorAm Drilling Company AS

Market Cap 201.18Cr 22Cr 19Cr 18Cr 16Cr 30Cr 2.07TCr 30Cr 210.59Cr 81Cr 1.05TCr 81Cr 79Cr 3.34TCr P/E 2026 *
11.4x
P/E 2027 * 8.43x
Enterprise Value 194.64Cr 21Cr 18Cr 17Cr 15Cr 29Cr 2TCr 29Cr 203.74Cr 78Cr 1.01TCr 78Cr 77Cr 3.23TCr EV / Sales 2026 *
1.76x
EV / Sales 2027 * 1.65x
Free-Float
46.41%
Yield 2026 *
10.4%
Yield 2027 * 12.8%
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.($)
+5.30%+9.75% - - 22Cr
-0.86%-1.37%+8.46%+46.82% 2.53TCr
+2.68%+9.62%+11.09%-18.07% 722.36Cr
+6.08%-3.79%+44.91%-18.01% 700.51Cr
+8.99%+3.12%+79.46%-28.52% 608.7Cr
+8.56%+3.18%+70.46%+16.58% 564.3Cr
-3.47%-4.02%+15.94% - 516.22Cr
+1.50%+3.05%-14.56%+10.66% 491.82Cr
+2.33%+0.39%+134.94%-18.42% 473.68Cr
+1.92%-0.59%+107.80%-4.42% 426.04Cr
Average +2.39%-1.58%+50.94%-1.67% 781.96Cr
Weighted average by Cap. +1.26%-1.19%+36.94%+12.21%

Financials

2026 *2027 *
Net sales 110.29Cr 12Cr 10Cr 9.67Cr 8.76Cr 16Cr 1.13TCr 17Cr 115.45Cr 44Cr 574.5Cr 44Cr 43Cr 1.83TCr 118.3Cr 13Cr 11Cr 10Cr 9.39Cr 18Cr 1.22TCr 18Cr 123.83Cr 48Cr 616.21Cr 48Cr 47Cr 1.97TCr
Net income 18Cr 1.91Cr 1.65Cr 1.56Cr 1.42Cr 2.66Cr 183.14Cr 2.68Cr 19Cr 7.18Cr 93Cr 7.17Cr 7.01Cr 296.16Cr 24Cr 2.57Cr 2.23Cr 2.11Cr 1.91Cr 3.58Cr 246.95Cr 3.61Cr 25Cr 9.68Cr 125.21Cr 9.67Cr 9.46Cr 399.33Cr
Net Debt -6.54Cr -70.08L -60.7L -57.4L -51.97L -97.53L -67Cr -98.27L -6.85Cr -2.64Cr -34Cr -2.63Cr -2.57Cr -108.71Cr -6.54Cr -70.08L -60.7L -57.4L -51.97L -97.53L -67Cr -98.27L -6.85Cr -2.64Cr -34Cr -2.63Cr -2.57Cr -108.71Cr
Logo NorAm Drilling Company AS
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
-
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
47.15NOK
Average target price
56.50NOK
Spread / Average Target
+19.83%

Quarterly revenue - Rate of surprise

40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!