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NorAm Drilling AS
NORAM

Last Price

Financial Snapshot

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Market Data

Market Cap
NOK1.43B
EV
NOK1.34B
Shares Outstanding
43.45M
Beta
-0.05
Industry
Oil & Gas Equipment & Services

Wall Street View

Analyst Rating
OUTPERFORM
Analyst Target Price
Number of Analysts
2
P/E 2025E
9.27x
P/Revenue 2025E
1.43x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2025E
-
Net Profit Margin 2025E
15.61%
ROE 2025E
26.05%
ROCE 2024
3.60%

Dividends

DPS 2025E
NOK4.31
Payout Ratio 2025E
121.07%
Div. Yield 2025E
13.14%
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

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About NorAm Drilling AS

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N

NorAm Drilling AS

NORAM

NorAm Drilling AS, together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States. The company owns and operates a fleet of rigs located in the Permian Basin. NorAm Drilling AS was incorporated in 2007 and is h...

Sector

Energy

Industry

Oil & Gas Equipment & Services

CEO

Jimmerson, Martin

Employees

308

IPO Date

2022-10-07

Headquarters

Bryggegata 3, P.O. Box 1327 – Vika, Oslo, Oslo, 0112, Norway

📊 Stock Price & Performance

The last closing price of NorAm Drilling AS (NORAM) is NOK33.00, reflecting a +2.17% change from the prior session. Last updated: January 1, 2026 at 10:21 AM Eastern Time

Review the recent NORAM stock performance trends:Past 1 Month: NorAm Drilling AS (NORAM) shares have +6.62%.Past 3 Months: The stock has +21.32%.Past 6 Months: NORAM shares have +44.74%. Last updated: December 31, 2025 at 11:53 PM Eastern Time

Over the last year, NorAm Drilling AS (NORAM) has established a 52-week price range between a high of NOK38.60 and a low of NOK21.80. This metric is essential for assessing the stock's annual volatility. Last updated: December 31, 2025 at 11:53 PM Eastern Time

NorAm Drilling AS (NORAM) is considered a low volatility stock. It has a beta of -0.05, which means it typically moves in the opposite direction of the broader market, with a magnitude of approximately 0.05 times the market's movement. Over the past 52 weeks, NORAM has traded within a NOK21.80 – NOK38.60 range. Last updated: December 31, 2025 at 11:53 PM Eastern Time

Based on current NORAM analyst forecasts and market assumptions, the consensus price target for NorAm Drilling AS (NORAM) is NOK34.00 for 2027. Relative to the current price of NOK33.00, this implies a positive upside of +3.03%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: January 1, 2026 at 10:21 AM Eastern Time

💰 Financial Metrics & Reports

The current NorAm Drilling AS (NORAM) market capitalization is approximately NOK1.43B, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, NorAm Drilling AS's market cap fluctuates with changes in its share price and share count. Last updated: December 31, 2025 at 11:53 PM Eastern Time

In the most recently reported quarter, NorAm Drilling AS (NORAM) generated NOK243.74M in revenue, representing a -17.41% year over year change. For the next quarter, analyst consensus currently expects revenue of approximately NOK242.06M, implying an expected -18.34% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: January 1, 2026 at 3:00 AM Eastern Time

In the most recently reported fiscal year, NorAm Drilling AS (NORAM) generated net income of NOK25.11M, compared with NOK198.92M in the prior fiscal year, representing a -87.38% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of NOK155.62M. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: January 1, 2026 at 3:00 AM Eastern Time

According to its latest quarterly filing, NorAm Drilling AS (NORAM) reported EBITDA of NOK43.80M, representing a -34.37% year over year change. For the upcoming quarter, analyst consensus currently expects EBITDA of NOK48.46M, reflecting assumptions around revenue trends, operating costs, scale efficiencies, and margin dynamics. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: January 1, 2026 at 3:00 AM Eastern Time

Based on the latest available data, NorAm Drilling AS (NORAM) is currently trading at a last twelve months (LTM) P/E ratio of 11.21x. Looking forward, the stock trades at a next twelve months (NTM) P/E ratio of 8.44x, based on consensus earnings estimates. The P/E ratio reflects how much investors are willing to pay today for a dollar of earnings and can vary meaningfully over time due to changes in profitability, growth expectations, margin outlook, and earnings volatility. Last updated: January 1, 2026 at 10:21 AM Eastern Time

📅 Earnings & Dividends

In the most recently reported quarter, NorAm Drilling AS (NORAM) revenue was NOK243.74M, compared with analyst consensus expectations of NOK238.84M, representing a +2.05% revenue surprise versus expectations. Earnings per share (EPS) for the quarter were NOK0.92, compared with consensus estimates of NOK0.74, resulting in an +23.90% EPS surprise. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: January 1, 2026 at 3:00 AM Eastern Time

NorAm Drilling AS (NORAM) has paid dividends over the last twelve months (LTM), totaling NOK2.28 per share. Based on current analyst expectations, dividends over the next twelve months (NTM) are estimated at NOK4.47 per share , implying a forward dividend yield of +13.55% at the current share price. Dividend payments are subject to board approval and may change depending on profitability, cash flow, capital allocation priorities, and broader market conditions. Last updated: January 1, 2026 at 3:00 AM Eastern Time

📈 Analyst Information

Analyst assessments of whether NorAm Drilling AS (NORAM) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: NOK33.00Consensus price target: NOK34.00Implied return: +3.03% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: January 1, 2026 at 10:21 AM Eastern Time

Based on the latest available analyst coverage, NorAm Drilling AS (NORAM) currently carries a Outperform consensus rating. Analysts' average NORAM price target is NOK34.00. Relative to the current share price of NOK33.00, this suggests a potential price change of approximately +3.03%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: January 1, 2026 at 10:21 AM Eastern Time

Like other publicly traded stocks, NorAm Drilling AS (NORAM) shares are bought and sold on stock exchanges such as OB and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for NorAm Drilling AS (NORAM) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add NORAM to your watchlist.

NorAm Drilling AS trades under the ticker symbol NORAM on the OB stock exchange. The ticker NORAM is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, NorAm Drilling AS (NORAM) employs approximately 308 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: December 31, 2025 at 11:53 PM Eastern Time

NorAm Drilling AS (NORAM) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest NorAm Drilling AS (NORAM) stock peers based on overlapping products, services, and competitive dynamics:Aker Solutions (AKSO)Helmerich & Payne (HP) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to NorAm Drilling AS.

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Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

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