Noram Drilling AS (NORAM)

Currency in NOK
27.90
-0.25(-0.89%)
Closed·
NORAM Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Unusual trading volume
High dividend Yield
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Fair Value
Day's Range
26.5028.50
52 wk Range
21.8040.40
Key Statistics
Prev. Close
28.15
Open
28.5
Day's Range
26.5-28.5
52 wk Range
21.8-40.4
Volume
195.22K
Average Volume (3m)
76.62K
1-Year Change
-25.73%
Book Value / Share
14.24
Fair Value
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Fair Value Upside
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NORAM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
31.67
Upside
+13.50%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

Noram Drilling AS News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Buy
Moving Averages
Strong Buy

Noram Drilling AS Company Profile

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 headquartered in Oslo, Norway.

Noram Drilling AS Earnings Call Summary for Q1/2025

  • Q1 2025 revenue at CAD 25.8M, down slightly; net profit up to CAD 5.2M from CAD 1.9M in Q4
  • Rig utilization decreased to 89.7%; dividend payout of CAD 5.2M (NOK 1.33/share)
  • Exploring rig redeployment to Haynesville or international markets for growth opportunities
  • CEO: 'At current rig activity levels, oil production in the US has peaked'
  • Cautious 2026 outlook; performance dependent on WTI crude oil prices
Last Updated: 30/05/2025, 14:44
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Compare NORAM to Peers and Sector

Metrics to compare
NORAM
Peers
Sector
Relationship
P/E Ratio
21.5x5.9x5.1x
PEG Ratio
−0.410.020.00
Price/Book
2.0x1.1x1.1x
Price / LTM Sales
1.2x0.8x1.1x
Upside (Analyst Target)
7.5%51.8%25.4%
Fair Value Upside
Unlock18.6%9.7%Unlock

Analyst Ratings

1 Buy
2 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 31.67
(+13.50% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.13%
Dividend Yield
18.11%
Industry Median 11.92%
Annualised payout
5.10
Paid unevenly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
May 28, 2025
EPS / Forecast
0.12 / 0.97
Revenue / Forecast
25.79M / --
EPS Revisions
Last 90 days

NORAM Income Statement

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FAQ

What Stock Exchange Does Noram Drilling AS Trade On?

Noram Drilling AS is listed and trades on the Oslo Stock Exchange stock exchange.

What Is the Stock Symbol for Noram Drilling AS?

The stock symbol for Noram Drilling AS is "NORAM."

What Is the Noram Drilling AS Market Cap?

As of today, Noram Drilling AS market cap is 1.22B.

What Is Noram Drilling AS's Earnings Per Share (TTM)?

The Noram Drilling AS EPS (TTM) is 0.13.

From a Technical Analysis Perspective, Is NORAM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Noram Drilling AS Stock Split?

Noram Drilling AS has split 0 times.

How Many Employees Does Noram Drilling AS Have?

Noram Drilling AS has 308 employees.

What is the current trading status of Noram Drilling AS (NORAM)?

As of 08 Aug 2025, Noram Drilling AS (NORAM) is trading at a price of 27.90, with a previous close of 28.15. The stock has fluctuated within a day range of 26.50 to 28.50, while its 52-week range spans from 21.80 to 40.40.
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