NORAM Share Price Performance
NOK 0
-23.60 (-100.00%)
Price NOK 0
Fair ValueNOK 53.00
Share Pricen/a
Narrative Update • Jun 26
NorAm Drilling AS Stock Price
- 2 Narratives written by author
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- 23 Fair Values set on narratives written by author
NORAM Community Narratives
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Fair Value
·Fair Value NOK 53 20.9% undervalued intrinsic discount
Permian Rig Dependence And High Payout Policy Will Pressure Future Earnings Stability
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AN
Fair Value
·Fair Value NOK 34 23.2% overvalued intrinsic discount
Super Spec Rig Demand Will Support Long Term Earnings And Dividend Stability
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Permian Rig Dependence And High Payout Policy Will Pressure Future Earnings Stability
NorAm Drilling leans heavily on a small fleet of high-end rigs working almost entirely in the Permian, so any further slowdown there could quickly hit its workload and profits. Add a big cash payout policy and maintenance downtime risk, and future results may be less steady than they look today.Read more
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NOK 53
20.9% undervalued intrinsic discount
Fair Value
Revenue
4.79% p.a.
Profit Margin
24.38%
Future PE
9.85x
Price in 2029
NOK 63.78
Super Spec Rig Demand Will Support Long Term Earnings And Dividend Stability
Catalysts About NorAm Drilling NorAm Drilling operates a focused fleet of Super Spec land rigs in the Permian Basin, providing high efficiency drilling services to major E&P customers. What are the underlying business or industry changes driving this perspective?Read more
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NOK 34
23.2% overvalued intrinsic discount
Fair Value
Revenue
3.6% p.a.
Profit Margin
0.23%
Future PE
6.94x
Price in 2028
NOK 0.4
Trending Discussion
Recently Updated Narratives
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NORAM: Higher Cash Distributions Will Support A Stronger Long Term Earnings Profile
Fair Value: NOK 53 20.9% undervalued intrinsic discount
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AN
Super Spec Rig Demand Will Support Long Term Earnings And Dividend Stability
Fair Value: NOK 34 23.2% overvalued intrinsic discount
3 fair values setusers have set this as their fair value
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Snowflake Analysis
NorAm Drilling AS Key Details
Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
Aug 29, 2026
- 0.28
- 69.66%
- 12.05%
- 0%
About NORAM
- Founded
- 2007
- Employees
- 311
- CEO
- WebsiteView website
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven onshore 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.
