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Valuation: NorAm Drilling

Market Cap 1.91B 201M 174M 160M 150M 281M 19.13B 285M 1.89B 738M 9.31B 755M 739M 32.25B P/E Ratio 2025
10.1x
P/E Ratio 2026 * 12.9x
Enterprise Value 1.83B 193M 166M 153M 143M 269M 18.3B 273M 1.81B 706M 8.91B 723M 707M 30.85B EV / Sales 2025
1.37x
EV / Sales 2026 * 1.74x
Free-Float
41.36%
Yield 2025 *
9.13%
Yield 2026 * 9.22%
1 day-2.00%
1 week-2.22%
Current month-2.86%
1 month-11.36%
3 months+2.20%
6 months+36.53%
Current year+33.64%
1 week 42.4
Extreme 42.4
45.4
1 month 41.2
Extreme 41.2
53.5
Current year 31.55
Extreme 31.55
53.5
1 year 22.15
Extreme 22.15
53.5
3 years 21.8
Extreme 21.8
54.5
5 years 9
Extreme 9
67.8
10 years 5
Extreme 5
78
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.
19/12/24Buy

Investor Relations Manager

2,000 0.0046%
28/11/24Buy

Chairman

30,000 0.0694%
15/03/23Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
-2.00%-2.22%+93.00%-19.82% 205M
+4.10%+6.84%+9.53%+68.23% 25.47B
+7.13%-2.72%+55.67%+13.52% 7.36B
+2.14%-4.97%+16.97%-6.25% 7.08B
+0.17%-3.36%+88.75%-3.21% 6.73B
+0.19%-3.19%+97.87%+49.00% 6.22B
+0.82%+1.08%+45.18% - 5.76B
0.00%-5.71%+1.54%+15.79% 4.89B
0.00%-6.36%+80.94%+1.59% 4.36B
+0.15%-0.88%+116.85%+12.79% 3.92B
Average +0.31%-2.71%+60.63%+14.63% 7.2B
Weighted average by Cap. +1.51%-1.49%+42.73%+33.31%

Financials

2025 2026 *
Net sales 939M 98.95M 85.46M 78.75M 73.72M 138M 9.41B 140M 930M 363M 4.58B 371M 363M 15.85B 1.06B 112M 96.71M 89.12M 83.42M 156M 10.64B 159M 1.05B 410M 5.18B 420M 411M 17.94B
Net income 149M 15.7M 13.56M 12.49M 11.69M 21.91M 1.49B 22.25M 148M 57.51M 726M 58.91M 57.65M 2.51B 148M 15.58M 13.46M 12.4M 11.61M 21.75M 1.48B 22.09M 146M 57.08M 721M 58.47M 57.22M 2.5B
Net Debt -82.98M -8.74M -7.55M -6.96M -6.51M -12.21M -831M -12.4M -82.18M -32.04M -405M -32.82M -32.12M -1.4B -64.68M -6.82M -5.89M -5.42M -5.08M -9.52M -648M -9.66M -64.05M -24.97M -315M -25.58M -25.03M -1.09B
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
308
Date Price Change Volume
12/06/26 44.10 kr -2.00% 189,107
11/06/26 45.00 kr +3.93% 141,637
10/06/26 43.30 kr +1.29% 86,848
09/06/26 42.75 kr -1.27% 60,097
08/06/26 43.30 kr -1.59% 99,673
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
45.00NOK
Average target price
56.50NOK
Spread / Average Target
+25.56%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. NORAM Stock
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