NORAM — Noram Drilling AS Share Price
- NOK1.23bn
- NOK1.14bn
- $103.10m
- 79
- 52
- 14
- 44
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 26.87 | ||
PEG Ratio (f) | 0.6 | ||
EPS Growth (f) | 80.18% | ||
Dividend Yield (f) | 18.66% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 2 | ||
Price to Tang. Book | 2 | ||
Price to Free Cashflow | 10 | ||
Price to Sales | 1.14 | ||
EV to EBITDA | 4.56 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 6.68% | ||
Return on Equity | 3.45% | ||
Operating Margin | 4.14% |
Financial Summary
Year End 31st Dec | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | $m | 54.66 | 50.38 | 95.45 | 118.29 | 103.1 | 100.72 | 109.2 | 4.59% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | n/a | n/a | n/a | +323.2 | -88.14 | +24.2 | +176.92 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
---|---|
Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
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.
Directors
- Last Annual
- December 31st, 2024
- Last Interim
- December 31st, 2024
- Incorporated
- March 5th, 2007
- Public Since
- May 15th, 2007
- No. of Employees
- 361
- Sector
- Oil & Gas Related Equipment and Services
- Industry
- Energy
- Exchange
Oslo Stock Exchange
- Shares in Issue
- 43,255,096

- Address
- Bryggegata 3, Vika, OSLO, 0112
- Web
- https://www.noramdrilling.com/
- Phone
- +47 23114000
- Auditors
- KPMG AS
Upcoming Events for NORAM
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FAQ
As of Today at 22:19 UTC, shares in Noram Drilling AS are trading at NOK28.35. This share price information is delayed by 15 minutes.
Shares in Noram Drilling AS last closed at NOK28.35 and the price had moved by -27.46% over the past 365 days. In terms of relative price strength the Noram Drilling AS share price has underperformed the FTSE Global All Cap Index by -29.27% over the past year.
The overall consensus recommendation for Noram Drilling AS is Hold. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreThe Noram Drilling AS dividend yield is 10.29% based on the trailing twelve month period.
Last year, Noram Drilling AS paid a total dividend of $0.28, and it currently has a trailing dividend yield of 10.29%. We do not have any data on when Noram Drilling AS is to next pay dividends.
We do not have data on when Noram Drilling AS is to next pay dividends. The historic dividend yield on Noram Drilling AS shares is currently 10.29%.
To buy shares in Noram Drilling AS you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of NOK28.35, shares in Noram Drilling AS had a market capitalisation of NOK1.23bn.
Here are the trading details for Noram Drilling AS:
- Country of listing: Norway
- Exchange: OSL
- Ticker Symbol: NORAM
Based on an overall assessment of its quality, value and momentum Noram Drilling AS is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Noram Drilling AS is NOK32.11. That is 13.26% above the last closing price of NOK28.35.
Analysts covering Noram Drilling AS currently have a consensus Earnings Per Share (EPS) forecast of $0.06 for the next financial year.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Noram Drilling AS. Over the past six months, its share price has underperformed the FTSE Global All Cap Index by -22.51%.
As of the last closing price of NOK28.35, shares in Noram Drilling AS were trading -19.53% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Noram Drilling AS PE ratio based on its reported earnings over the past 12 months is 26.87. The shares last closed at NOK28.35.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
We do not have data on Noram Drilling AS' directors