Valuation : NorAm Drilling

Market Cap 2.01B 215M 185M 174M 159M 296M 20.47B 300M 2.06B 804M 10.36B 806M 789M 34.23B P/E 2026 *
11.4x
P/E 2027 * 8.44x
Enterprise Value 1.95B 208M 179M 168M 153M 287M 19.81B 290M 1.99B 778M 10.02B 780M 763M 33.11B EV / Sales 2026 *
1.77x
EV / Sales 2027 * 1.65x
Free-Float
41.45%
Yield 2026 *
10.3%
Yield 2027 * 12.8%
1 day+1.43%
1 week-1.16%
Current month+7.86%
1 month+9.52%
3 months-8.69%
6 months+25.52%
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.($)
+1.43%-1.16% - - 212M
-1.66%-3.74%+5.90%+43.69% 25.77B
-2.10%-2.60%+59.50%-8.95% 7.46B
+0.89%-1.28%+1.94%-18.72% 7.22B
+1.05%-3.49%+82.97%-24.87% 6.41B
+0.99%-3.04%+75.07%+17.50% 5.93B
-1.61%-2.08%+22.62% - 5.39B
+1.52%+1.52%-14.10%+11.67% 5.01B
+1.39%+2.05%+117.69%-11.28% 4.68B
+0.31%-3.51%+115.23%+5.48% 4.24B
Average +0.22%-2.23%+51.87%+1.81% 8.01B
Weighted average by Cap. -0.45%-2.67%+37.13%+13.45%

Financials

2026 *2027 *
Net sales 1.1B 118M 102M 95.13M 86.9M 162M 11.22B 164M 1.13B 441M 5.68B 442M 432M 18.76B 1.18B 126M 109M 102M 93.21M 174M 12.04B 176M 1.21B 473M 6.09B 474M 464M 20.12B
Net income 178M 19.02M 16.41M 15.38M 14.05M 26.26M 1.81B 26.54M 182M 71.22M 918M 71.42M 69.86M 3.03B 240M 25.65M 22.13M 20.73M 18.94M 35.41M 2.45B 35.79M 246M 96.03M 1.24B 96.3M 94.2M 4.09B
Net Debt -65.44M -6.98M -6.02M -5.64M -5.16M -9.64M -666M -9.74M -66.86M -26.14M -337M -26.22M -25.64M -1.11B -65.44M -6.98M -6.02M -5.64M -5.16M -9.64M -666M -9.74M -66.86M -26.14M -337M -26.22M -25.64M -1.11B
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
46.45NOK
Average target price
56.50NOK
Spread / Average Target
+21.64%

Quarterly revenue - Rate of surprise