Valuation : NorAm Drilling

Market Cap 2.04B 220M 189M 179M 163M 304M 21.04B 307M 2.13B 819M 10.67B 827M 808M 33.9B P/E 2026 *
11.5x
P/E 2027 * 8.57x
Enterprise Value 1.98B 213M 183M 173M 157M 294M 20.37B 297M 2.06B 792M 10.33B 800M 783M 32.82B EV / Sales 2026 *
1.79x
EV / Sales 2027 * 1.67x
Free-Float
46.41%
Yield 2026 *
10.2%
Yield 2027 * 12.6%
1 day-0.53%
1 week+0.21%
Current month-0.42%
1 month+5.27%
3 months+4.22%
6 months+8.69%
Current year+42.12%
1 week 46.45
Extreme 46.45
47.6
1 month 44.05
Extreme 44.05
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 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. Importance
19/12/24 Buy

Investor Relations Manager

2,000 0.0046%
28/11/24 Buy

Chairman

30,000 0.0694%
15/3/23 Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
-0.53%+0.21%+70.55%+0.21% 220M
0.00%+1.72%+11.32%+46.40% 25.69B
-3.00%+5.92%+7.33%-20.31% 7.42B
-0.58%-1.82%+50.66%-11.17% 7.3B
-0.43%-2.14%+75.61%-29.50% 6.44B
-0.33%-1.81%+61.25%+18.26% 5.95B
+2.04%+0.95%+21.23% - 5.29B
-2.88%+3.05%-15.62%+8.87% 5.14B
+0.19%+3.54%+131.29%-14.61% 4.92B
-1.04%-1.10%+109.90%-0.14% 4.45B
Average -0.67%+0.91%+52.35%-0.22% 7.28B
Weighted average by Cap. -0.55%+1.25%+37.75%+12.61%

Financials

2026 *2027 *
Net sales 1.1B 119M 102M 96.45M 87.86M 164M 11.36B 166M 1.15B 442M 5.76B 446M 437M 18.31B 1.18B 127M 110M 103M 94.24M 176M 12.19B 178M 1.23B 474M 6.18B 479M 468M 19.64B
Net income 178M 19.21M 16.52M 15.59M 14.2M 26.55M 1.84B 26.79M 186M 71.46M 932M 72.15M 70.57M 2.96B 240M 25.91M 22.28M 21.02M 19.15M 35.8M 2.48B 36.12M 250M 96.35M 1.26B 97.28M 95.15M 3.99B
Net Debt -65.44M -7.05M -6.06M -5.72M -5.21M -9.75M -674M -9.83M -68.15M -26.23M -342M -26.48M -25.9M -1.09B -65.44M -7.05M -6.06M -5.72M -5.21M -9.75M -674M -9.83M -68.15M -26.23M -342M -26.48M -25.9M -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
311
Date Price Change Volume
11/09/26 NOK 46.90 -0.53% 63,164
10/09/26 NOK 47.15 -0.42% 43,098
09/09/26 NOK 47.35 +0.42% 36,815
08/09/26 NOK 47.15 0.00% 53,541
07/09/26 NOK 47.15 +0.75% 22,109
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
47.15NOK
Average target price
56.50NOK
Spread / Average Target
+19.83%

Quarterly revenue - Rate of surprise

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