Valuation: NorAm Drilling

Market Cap 2.02B 211M 189M 176M 159M 301M 20.14B 303M 2.11B 827M 10.39B 791M 774M 33.44B P/E 2026 *
10.7x
P/E 2027 * 8.44x
Enterprise Value 1.94B 203M 182M 169M 154M 290M 19.41B 292M 2.04B 797M 10.02B 763M 746M 32.24B EV / Sales 2026 *
1.8x
EV / Sales 2027 * 1.65x
Free-Float
46.41%
Yield 2026 *
10.6%
Yield 2027 * 12.8%
1 day+1.76%
1 week+7.76%
Current month+8.16%
1 month+0.23%
3 months+19.54%
6 months+2.94%
Current year+61.74%
1 week 4.06
Extreme 4.055
4.4
1 month 4
Extreme 3.995
4.41
Current year 2.7
Extreme 2.705
4.95
1 year 2.1
Extreme 2.1
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 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.($)
+2.46%+7.76% - - 208M
0.00%-1.24%-5.26%+40.20% 24.3B
+0.07%+4.50%+9.74%-18.68% 7.32B
+1.48%+4.08%+58.65%-12.62% 6.76B
+1.63%+1.63%+75.00%-26.02% 6.15B
+1.54%+1.74%+71.80%+19.45% 5.81B
-3.79%-0.78%-19.62%+5.83% 4.86B
-3.41%-5.67%+2.22%-8.04% 4.91B
+0.18%-1.90%+99.82%-15.19% 4.31B
-2.91%-3.51%+69.60%-7.63% 3.99B
Average -0.44%+2.35%+40.22%-2.52% 7.6B
Weighted average by Cap. -0.33%+1.46%+26.93%+8.77%

Financials

2026 *2027 *
Net sales 1.08B 113M 101M 94.24M 85.48M 161M 10.8B 162M 1.13B 443M 5.57B 424M 415M 17.93B 1.18B 124M 111M 103M 93.65M 177M 11.83B 178M 1.24B 486M 6.1B 465M 454M 19.64B
Net income 190M 19.89M 17.8M 16.59M 15.05M 28.39M 1.9B 28.57M 199M 78.07M 981M 74.7M 73.04M 3.16B 241M 25.14M 22.51M 20.98M 19.03M 35.89M 2.4B 36.12M 252M 98.71M 1.24B 94.45M 92.35M 3.99B
Net Debt -72.22M -7.55M -6.75M -6.3M -5.71M -10.77M -721M -10.84M -75.67M -29.62M -372M -28.34M -27.72M -1.2B -65.52M -6.85M -6.13M -5.71M -5.18M -9.77M -654M -9.83M -68.65M -26.87M -338M -25.71M -25.14M -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
12/10/26 €4.375 +2.46% 101
09/10/26 €4.270 +2.64% 4
08/10/26 €4.160 +1.96% 697
07/10/26 €4.080 0.00% 50
06/10/26 €4.080 -0.12% 0
Trader
Investor
Global
Quality
ESG MSCI
-
Ratings Surperformance© - NorAm Drilling
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
46.00NOK
Average target price
56.50NOK
Spread / Average Target
+22.83%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - NorAm Drilling