Valuation : NorAm Drilling

Market Cap 1.98B 212M 182M 170M 156M 293M 20.22B 294M 2.01B 788M 10.19B 795M 778M 33.73B P/E 2026 *
11.2x
P/E 2027 * 8.29x
Enterprise Value 1.91B 205M 176M 164M 151M 284M 19.55B 285M 1.95B 761M 9.85B 768M 752M 32.61B EV / Sales 2026 *
1.73x
EV / Sales 2027 * 1.61x
Free-Float
41.45%
Yield 2026 *
10.5%
Yield 2027 * 13%
1 day+2.15%
1 week-2.41%
Current month+7.86%
1 month+9.95%
3 months-7.20%
6 months+21.23%
Current year+57.30%
1 week 4.17
Extreme 4.17
4.41
1 month 3.86
Extreme 3.855
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.($)
+2.03%-2.41% - - 212M
-1.66%-3.90%+5.71%+39.29% 25.77B
-1.90%-0.51%+62.91%-7.00% 7.46B
+0.89%-1.28%+1.94%-18.72% 7.22B
+0.61%-2.96%+85.32%-25.58% 6.41B
+0.36%-2.54%+74.12%+17.08% 5.93B
-1.61%-1.35%+21.49% - 5.39B
+1.52%+1.52%-14.10%+11.67% 5.01B
-0.20%-1.09%+112.63%-12.88% 4.68B
-0.11%-2.81%+109.32%+4.51% 4.24B
Average -0.07%-2.07%+51.04%+1.05% 8.01B
Weighted average by Cap. -0.70%-2.51%+36.78%+11.69%

Financials

2026 *2027 *
Net sales 1.1B 118M 101M 94.99M 86.98M 164M 11.29B 164M 1.12B 440M 5.69B 444M 434M 18.83B 1.18B 127M 109M 102M 93.3M 176M 12.11B 176M 1.21B 472M 6.1B 476M 466M 20.2B
Net income 178M 19.11M 16.4M 15.35M 14.06M 26.49M 1.82B 26.56M 182M 71.08M 920M 71.73M 70.19M 3.04B 240M 25.76M 22.11M 20.7M 18.96M 35.71M 2.46B 35.82M 245M 95.84M 1.24B 96.73M 94.64M 4.1B
Net Debt -65.44M -7.01M -6.02M -5.64M -5.16M -9.72M -670M -9.75M -66.74M -26.09M -338M -26.33M -25.76M -1.12B -65.44M -7.01M -6.02M -5.64M -5.16M -9.72M -670M -9.75M -66.74M -26.09M -338M -26.33M -25.76M -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 4.255 +1.43% 22
27/08/26 €4.195 -0.24% 0
26/08/26 €4.205 -1.87% 145
25/08/26 €4.285 -2.28% 160
24/08/26 €4.385 +0.57% 0
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
45.60NOK
Average target price
56.50NOK
Spread / Average Target
+23.90%

Quarterly revenue - Rate of surprise