Valuation: NorAm Drilling

Market Cap 1.86B 193M 170M 158M 145M 272M 18.49B 279M 1.88B 734M 9.15B 725M 709M 31.63B P/E 2026 *
11.3x
P/E 2027 * 7.91x
Enterprise Value 1.81B 187M 164M 153M 141M 263M 17.91B 270M 1.82B 711M 8.86B 702M 687M 30.63B EV / Sales 2026 *
1.6x
EV / Sales 2027 * 1.57x
Free-Float
41.36%
Yield 2026 *
10.9%
Yield 2027 * 13.7%
1 day-0.81%
1 week-6.05%
Current month+11.78%
1 month+11.78%
3 months-13.12%
6 months+28.42%
Current year+29.39%
1 week 42.3
Extreme 42.3
45.55
1 month 37.7
Extreme 37.7
46
Current year 31.55
Extreme 31.55
53.5
1 year 24.5
Extreme 24.5
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.
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.($)
-0.81%-6.05%+63.60%-11.69% 193M
0.00%+1.41%-0.35%+49.74% 25.03B
+0.98%+0.70%+2.27%-20.83% 7.04B
-1.02%-5.38%+44.61%-21.00% 6.55B
-0.10%-6.96%+67.79%-43.75% 5.53B
-0.69%-6.80%+51.51%-3.95% 5.14B
-0.78%-6.88%+30.10% - 4.93B
-1.56%-7.35%-22.22%+8.62% 4.84B
+2.63%-8.32%+55.41%-40.15% 3.54B
-0.34%-4.79%+102.86%-25.42% 3.34B
Average -0.23%-5.03%+39.56%-12.05% 6.61B
Weighted average by Cap. -0.16%-2.83%+23.16%+8.35%

Financials

2026 *2027 *
Net sales 1.13B 117M 103M 95.7M 87.83M 164M 11.18B 168M 1.13B 444M 5.53B 438M 429M 19.12B 1.15B 119M 104M 97.31M 89.31M 167M 11.36B 171M 1.15B 451M 5.62B 445M 436M 19.44B
Net income 167M 17.25M 15.16M 14.15M 12.98M 24.3M 1.65B 24.9M 168M 65.61M 818M 64.76M 63.35M 2.83B 238M 24.63M 21.64M 20.2M 18.54M 34.7M 2.36B 35.56M 240M 93.67M 1.17B 92.46M 90.45M 4.04B
Net Debt -58.81M -6.09M -5.35M -4.99M -4.58M -8.58M -583M -8.79M -59.21M -23.15M -289M -22.86M -22.36M -997M -62.27M -6.45M -5.66M -5.29M -4.85M -9.08M -617M -9.31M -62.69M -24.51M -305M -24.2M -23.67M -1.06B
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
30/07/26 NOK 42.70 -0.81% 35,853
29/07/26 NOK 43.05 +0.12% 59,290
28/07/26 NOK 43.00 +1.06% 34,845
27/07/26 NOK 42.55 -5.65% 108,690
24/07/26 NOK 45.10 -0.77% 60,843
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
43.05NOK
Average target price
56.50NOK
Spread / Average Target
+31.24%

Quarterly revenue - Rate of surprise

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