Valuation: NorAm Drilling

Market Cap 2.09B 221M 197M 183M 167M 313M 20.91B 319M 2.2B 861M 10.91B 828M 811M 34.91B P/E 2026 *
10.8x
P/E 2027 * 8.55x
Enterprise Value 2.02B 213M 190M 177M 161M 303M 20.19B 308M 2.12B 831M 10.53B 800M 783M 33.7B EV / Sales 2026 *
1.87x
EV / Sales 2027 * 1.71x
Free-Float
46.41%
Yield 2026 *
10.4%
Yield 2027 * 12.6%
1 day+2.55%
1 week+7.93%
Current month+9.65%
1 month+4.09%
3 months+15.69%
6 months+3.65%
Current year+46.36%
1 week 44.75
Extreme 44.75
48.45
1 month 42.9
Extreme 42.9
48.45
Current year 31.55
Extreme 31.55
53.5
1 year 26.1
Extreme 26.1
53.5
3 years 21.8
Extreme 21.8
53.5
5 years 9
Extreme 9
67.8
10 years 5
Extreme 5
67.8
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
Date Insider Type Main position Quantity % Market Cap. Importance
19/12/24 Buy

Investor Relations Manager

2,000 0.0046%
28/11/24 Buy

Chairman

30,000 0.0694%
15/3/23 Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
+2.55%+7.93%+78.23%-2.91% 214M
-1.08%-3.52%-4.70%+44.21% 24.12B
-4.19%+2.86%+11.19%-20.61% 7.64B
+0.40%+4.71%+57.14%-11.96% 6.85B
-1.16%-0.63%+66.31%-26.70% 6.23B
-1.09%-0.27%+67.06%+16.84% 5.88B
+4.11%-2.26%+6.40%-9.02% 4.65B
-4.65%-3.91%-19.08%+2.50% 4.79B
-2.12%-1.61%+97.12%-18.33% 4.4B
-2.71%-6.54%+62.25%-12.83% 3.86B
Average -0.99%+1.98%+42.19%-3.88% 6.86B
Weighted average by Cap. -1.33%+0.74%+26.14%+8.73%

Financials

2026 *2027 *
Net sales 1.08B 114M 102M 94.53M 85.98M 162M 10.79B 165M 1.14B 444M 5.63B 428M 419M 18.02B 1.18B 125M 111M 104M 94.2M 177M 11.82B 180M 1.24B 487M 6.17B 468M 459M 19.74B
Net income 190M 20.06M 17.91M 16.64M 15.14M 28.48M 1.9B 29M 200M 78.23M 991M 75.29M 73.7M 3.17B 241M 25.37M 22.64M 21.04M 19.14M 36.01M 2.4B 36.66M 253M 98.91M 1.25B 95.2M 93.18M 4.01B
Net Debt -72.22M -7.61M -6.8M -6.32M -5.74M -10.81M -721M -11M -75.87M -29.68M -376M -28.57M -27.96M -1.2B -65.52M -6.91M -6.16M -5.73M -5.21M -9.81M -654M -9.98M -68.82M -26.93M -341M -25.92M -25.37M -1.09B
Projected Income Statement - Annual - NorAm Drilling
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
16/10/26 NOK 48.30 +2.55% 334,021
14/10/26 NOK 47.10 -1.26% 74,808
13/10/26 NOK 47.70 +2.58% 127,268
12/10/26 NOK 46.50 +1.09% 133,317
09/10/26 NOK 46.00 +2.79% 158,738
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
47.10NOK
Average target price
56.50NOK
Spread / Average Target
+19.96%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NorAm Drilling
  1. Stock Market
  2. Stocks
  3. NORAM Stock