Valuation : NorAm Drilling

Market Cap 2.01B 215M 185M 173M 158M 298M 20.51B 299M 2.06B 803M 10.36B 806M 788M 34.34B P/E 2026 *
11.4x
P/E 2027 * 8.44x
Enterprise Value 1.95B 208M 179M 168M 153M 289M 19.85B 289M 1.99B 777M 10.02B 780M 763M 33.22B EV / Sales 2026 *
1.77x
EV / Sales 2027 * 1.65x
Free-Float
41.45%
Yield 2026 *
10.3%
Yield 2027 * 12.8%
1 day+1.86%
1 week-2.62%
Current month+8.28%
1 month+8.02%
3 months-6.26%
6 months+20.03%
Current year+40.76%
1 week 45.15
Extreme 45.15
48.35
1 month 42.2
Extreme 42.2
48.6
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 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
Date Insider Type Main position Quantity % Market Cap.
19/12/24 Buy

Investor Relations Manager

2,000 0.0046%
28/11/24 Buy

Chairman

30,000 0.0694%
15/03/23 Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
+1.86%-2.62%+66.49%-1.06% 212M
-1.66%-3.90%+6.09%+39.29% 25.77B
-2.10%-1.10%+60.06%-9.21% 7.46B
+0.89%-1.94%+2.23%-18.17% 7.22B
+1.05%-2.03%+87.10%-24.87% 6.41B
+0.99%-1.68%+75.67%+18.12% 5.93B
-1.61%-2.08%+22.62% - 5.39B
+1.52%0.00%-15.19%+11.67% 5.01B
+1.39%+0.73%+116.55%-11.28% 4.68B
+0.31%-2.30%+110.44%+5.06% 4.24B
Average +0.26%-1.96%+53.21%+1.06% 7.23B
Weighted average by Cap. -0.45%-2.39%+37.35%+11.77%

Financials

2026 *2027 *
Net sales 1.1B 118M 101M 95.06M 86.77M 163M 11.24B 164M 1.13B 440M 5.68B 442M 432M 18.82B 1.18B 126M 109M 102M 93.07M 175M 12.06B 176M 1.21B 472M 6.09B 474M 463M 20.19B
Net income 178M 19.02M 16.39M 15.36M 14.03M 26.42M 1.82B 26.51M 182M 71.12M 918M 71.4M 69.85M 3.04B 240M 25.64M 22.1M 20.72M 18.91M 35.63M 2.45B 35.74M 246M 95.9M 1.24B 96.28M 94.18M 4.1B
Net Debt -65.44M -6.98M -6.02M -5.64M -5.15M -9.7M -667M -9.73M -66.91M -26.11M -337M -26.21M -25.64M -1.12B -65.44M -6.98M -6.02M -5.64M -5.15M -9.7M -667M -9.73M -66.91M -26.11M -337M -26.21M -25.64M -1.12B
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
28/08/26 NOK 46.45 +1.86% 28,723
27/08/26 NOK 45.60 -0.33% 22,385
26/08/26 NOK 45.75 -1.72% 80,665
25/08/26 NOK 46.55 -2.00% 45,016
24/08/26 NOK 47.50 -0.42% 61,369
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
46.45NOK
Average target price
56.50NOK
Spread / Average Target
+21.64%

Quarterly revenue - Rate of surprise

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