Valuation : NorAm Drilling

Market Cap 2.03B 219M 189M 179M 162M 304M 20.92B 305M 2.12B 816M 10.64B 822M 804M 33.63B P/E 2026 *
11.5x
P/E 2027 * 8.52x
Enterprise Value 1.97B 212M 183M 173M 157M 294M 20.25B 295M 2.05B 790M 10.3B 796M 778M 32.55B EV / Sales 2026 *
1.78x
EV / Sales 2027 * 1.66x
Free-Float
46.41%
Yield 2026 *
10.2%
Yield 2027 * 12.7%
1 day-0.53%
1 week+0.21%
Current month-0.42%
1 month+4.69%
3 months+6.35%
6 months+4.92%
Current year+42.12%
1 week 46.45
Extreme 46.45
47.6
1 month 44.3
Extreme 44.3
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
12/19/24 A Buy

Investor Relations Manager

2,000 0.0046%
11/28/24 A Buy

Chairman

30,000 0.0694%
3/15/23 A Buy

Chairman

14,638 0.0339%
Change 5-day change 1-year change 3-year change Capi.($)
-0.53%+0.21%+70.24%-0.21% 219M
0.00%+1.20%+10.90%+45.68% 25.69B
-3.00%+4.75%+7.49%-19.21% 7.26B
+0.62%+0.29%+51.06%-15.39% 7.23B
-1.73%-3.08%+71.82%-34.75% 6.33B
-2.31%-3.47%+60.93%+11.15% 5.81B
-0.78%+0.17%+20.61% - 5.29B
-2.88%+2.27%-14.56%+8.87% 4.99B
-0.39%+3.46%+131.95%-18.36% 4.9B
-1.17%-0.72%+108.92%-2.95% 4.4B
Average -1.22%+0.38%+51.93%-2.80% 7.21B
Weighted average by Cap. -0.93%+0.59%+37.30%+10.60%

Financials

2026 *2027 *
Net sales 1.1B 119M 102M 96.89M 87.82M 165M 11.35B 166M 1.15B 443M 5.77B 446M 436M 18.24B 1.18B 127M 110M 104M 94.19M 177M 12.17B 178M 1.23B 475M 6.19B 478M 468M 19.56B
Net income 178M 19.2M 16.54M 15.66M 14.2M 26.63M 1.83B 26.77M 186M 71.53M 933M 72.1M 70.51M 2.95B 240M 25.88M 22.3M 21.12M 19.14M 35.91M 2.47B 36.09M 251M 96.45M 1.26B 97.21M 95.08M 3.98B
Net Debt -65.44M -7.05M -6.07M -5.75M -5.21M -9.78M -673M -9.82M -68.28M -26.25M -342M -26.46M -25.88M -1.08B -65.44M -7.05M -6.07M -5.75M -5.21M -9.78M -673M -9.82M -68.28M -26.25M -342M -26.46M -25.88M -1.08B
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
46.90NOK
Average target price
56.50NOK
Spread / Average Target
+20.47%

Quarterly revenue - Rate of surprise

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