Valuation: NorAm Drilling

Market Cap 1.69B 171M 151M 139M 130M 244M 16.13B 248M 1.67B 647M 7.96B 643M 629M 27.69B P/E 2026 *
11.4x
P/E 2027 * 7.11x
Enterprise Value 1.62B 165M 145M 134M 125M 234M 15.52B 239M 1.61B 622M 7.65B 618M 605M 26.63B EV / Sales 2026 *
1.53x
EV / Sales 2027 * 1.46x
Free-Float
41.36%
Yield 2026 *
10.4%
Yield 2027 * 15%
1 day-0.63%
1 week-1.41%
Current month-17.69%
1 month-27.22%
3 months-14.15%
6 months+29.26%
Current year+29.02%
1 week 3.3
Extreme 3.3
3.6
1 month 3.3
Extreme 3.3
4.8
Current year 2.7
Extreme 2.705
4.95
1 year 1.86
Extreme 1.86
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.($)
-0.63%-1.41% - - 171M
-1.69%-5.54%+1.93%+62.92% 25.69B
-0.94%-2.51%+54.80%+14.87% 6.25B
-2.58%-6.81%+0.31%-16.38% 6.43B
-4.73%-9.68%+86.67%-15.86% 5.63B
-3.85%-9.07%+80.67%+33.52% 5.23B
+0.86%+2.11%+45.74% - 5.49B
0.00%-7.94%-13.43%+11.54% 4.58B
-5.46%-7.57%+59.20%-16.64% 3.61B
-7.95%-8.44%+105.52%-2.50% 3.27B
Average -2.69%-5.77%+46.82%+8.93% 7.35B
Weighted average by Cap. -2.31%-5.13%+31.02%+27.59%

Financials

2026 *2027 *
Net sales 1.06B 108M 94.91M 87.54M 81.87M 153M 10.16B 156M 1.05B 407M 5.01B 405M 396M 17.44B 1.11B 113M 99.21M 91.51M 85.59M 160M 10.62B 163M 1.1B 426M 5.24B 423M 414M 18.23B
Net income 148M 15M 13.2M 12.18M 11.39M 21.34M 1.41B 21.74M 146M 56.69M 697M 56.31M 55.09M 2.43B 236M 23.92M 21.06M 19.43M 18.17M 34.04M 2.25B 34.68M 233M 90.42M 1.11B 89.81M 87.87M 3.87B
Net Debt -64.68M -6.56M -5.78M -5.33M -4.98M -9.34M -618M -9.51M -64.04M -24.8M -305M -24.64M -24.1M -1.06B -65.2M -6.61M -5.82M -5.37M -5.02M -9.41M -623M -9.59M -64.55M -25M -308M -24.83M -24.3M -1.07B
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
25/06/26 3.490 -0.43% 0
24/06/26 €3.505 -0.99% 250
23/06/26 €3.540 +1.87% 0
22/06/26 €3.475 -1.28% 10
19/06/26 €3.520 -0.56% 372
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
38.95NOK
Average target price
56.50NOK
Spread / Average Target
+45.06%

Quarterly revenue - Rate of surprise