NORAM Stock Overview
Owns and operates AC driven rigs tailored for the drilling of horizontal wells in the United States.
Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 5/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 2/6 |
NorAm Drilling AS Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | NOK 36.55 |
52 Week High | NOK 49.00 |
52 Week Low | NOK 34.85 |
Beta | -0.19 |
11 Month Change | -3.82% |
3 Month Change | -7.93% |
1 Year Change | -24.48% |
33 Year Change | 306.11% |
5 Year Change | n/a |
Change since IPO | -83.39% |
Recent News & Updates
Recent updates
NorAm Drilling's (OB:NORAM) Soft Earnings Are Actually Better Than They Appear
Aug 30Analysts Have Been Trimming Their NorAm Drilling AS (OB:NORAM) Price Target After Its Latest Report
May 24There's Reason For Concern Over NorAm Drilling AS' (OB:NORAM) Price
Jul 17NorAm Drilling's (OB:NORAM) Solid Profits Have Weak Fundamentals
Feb 27Shareholder Returns
NORAM | NO Energy Services | NO Market | |
---|---|---|---|
7D | -1.6% | -0.9% | 0.6% |
1Y | -24.5% | -2.3% | 2.6% |
Return vs Industry: NORAM underperformed the Norwegian Energy Services industry which returned -2.5% over the past year.
Return vs Market: NORAM underperformed the Norwegian Market which returned 0.2% over the past year.
Price Volatility
NORAM volatility | |
---|---|
NORAM Average Weekly Movement | 4.3% |
Energy Services Industry Average Movement | 5.5% |
Market Average Movement | 5.0% |
10% most volatile stocks in NO Market | 10.6% |
10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: NORAM has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: NORAM's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2007 | 284 | Marty Jimmerson | www.noramdrilling.com |
NorAm Drilling AS owns and operates AC driven rigs tailored for the drilling of horizontal wells in the United States. It owns and operates a fleet of rigs located in the Permian Basin. The company was incorporated in 2007 and is headquartered in Oslo, Norway.
NorAm Drilling AS Fundamentals Summary
NORAM fundamental statistics | |
---|---|
Market cap | NOK 1.58b |
Earnings (TTM) | NOK 18.30m |
Revenue (TTM) | NOK 1.10b |
86.4x
P/E Ratio1.4x
P/S RatioIs NORAM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NORAM income statement (TTM) | |
---|---|
Revenue | US$100.61m |
Cost of Revenue | US$30.22m |
Gross Profit | US$70.39m |
Other Expenses | US$68.72m |
Earnings | US$1.67m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 29, 2024
Earnings per share (EPS) | 0.039 |
Gross Margin | 69.96% |
Net Profit Margin | 1.66% |
Debt/Equity Ratio | 0% |
How did NORAM perform over the long term?
See historical performance and comparison