Valuation: NorAm Drilling

Market Cap 1.82B 188M 165M 152M 140M 264M 18.14B 269M 1.81B 713M 8.86B 707M 691M 30.58B P/E 2026 *
11x
P/E 2027 * 7.71x
Enterprise Value 1.76B 182M 159M 147M 135M 256M 17.55B 260M 1.76B 690M 8.57B 684M 669M 29.59B EV / Sales 2026 *
1.56x
EV / Sales 2027 * 1.53x
Free-Float
41.36%
Yield 2026 *
11.2%
Yield 2027 * 14%
1 day+0.88%
1 week+3.42%
Current month+11.49%
1 month+6.32%
3 months-8.80%
6 months+37.39%
Current year+39.93%
1 week 3.63
Extreme 3.63
4
1 month 3.3
Extreme 3.3
4
Current year 2.7
Extreme 2.705
4.95
1 year 1.96
Extreme 1.958
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 31/12/2016
Chief Operating Officer - 31/10/2014
Investor Relations Contact - 31/07/2022
Director TitleAgeSince
Chairman 60 -
Director/Board Member 53 28/02/2022
Director/Board Member 40 31/05/2023
Change 5-day change 1-year change 3-year change Capi.($)
+0.88%+3.42% - - 188M
+0.72%-2.94%-1.58%+53.55% 24.29B
-0.44%+3.52%-0.59%-25.06% 6.67B
-0.28%+4.32%+52.16%-16.48% 6.45B
-0.68%-2.40%+95.19%-36.00% 5.72B
-1.33%-3.99%+42.60% - 5.44B
-1.00%-2.72%+59.27%+8.16% 5.29B
-1.61%+3.39%-24.69%+7.02% 4.53B
+2.33%+4.69%+63.02%-31.02% 3.66B
+0.78%+0.72%+109.94%-12.26% 3.34B
Average -0.07%+1.09%+43.92%-6.51% 7.27B
Weighted average by Cap. -0.00%-0.30%+28.59%+12.38%

Financials

2026 *2027 *
Net sales 1.13B 117M 102M 94.27M 86.51M 164M 11.24B 167M 1.12B 442M 5.49B 438M 428M 18.95B 1.15B 119M 104M 95.86M 87.96M 166M 11.43B 169M 1.14B 449M 5.58B 445M 436M 19.26B
Net income 167M 17.24M 15.07M 13.94M 12.79M 24.2M 1.66B 24.62M 166M 65.29M 811M 64.74M 63.32M 2.8B 238M 24.61M 21.52M 19.9M 18.26M 34.56M 2.37B 35.16M 237M 93.22M 1.16B 92.44M 90.41M 4B
Net Debt -58.81M -6.08M -5.32M -4.92M -4.51M -8.54M -586M -8.69M -58.66M -23.04M -286M -22.85M -22.35M -988M -62.27M -6.44M -5.63M -5.21M -4.78M -9.04M -621M -9.2M -62.1M -24.4M -303M -24.19M -23.66M -1.05B
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
17/07/26 3.785 +0.66% 0
16/07/26 €3.760 -1.05% 12
15/07/26 €3.800 -2.56% 14
14/07/26 €3.900 +3.45% 910
13/07/26 €3.770 +3.01% 2
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
42.00NOK
Average target price
56.50NOK
Spread / Average Target
+34.52%

Quarterly revenue - Rate of surprise