TM9 Stock Overview
NorAm Drilling AS invests in, owns and operates advanced high-end AC driven rigs tailored for the drilling of horizontal wells in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
NorAm Drilling AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr3.21 |
| 52 Week High | kr3.68 |
| 52 Week Low | kr3.14 |
| Beta | -0.18 |
| 1 Month Change | 0% |
| 3 Month Change | -12.77% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -15.80% |
Recent News & Updates
Recent updates
Shareholder Returns
| TM9 | DE Energy Services | DE Market | |
|---|---|---|---|
| 7D | 0% | -3.0% | 1.1% |
| 1Y | n/a | 19.9% | 1.9% |
Return vs Industry: Insufficient data to determine how TM9 performed against the German Energy Services industry.
Return vs Market: Insufficient data to determine how TM9 performed against the German Market.
Price Volatility
| TM9 volatility | |
|---|---|
| TM9 Average Weekly Movement | n/a |
| Energy Services Industry Average Movement | 4.9% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 10.2% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: TM9 has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine TM9's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 302 | Marty Jimmerson | www.noramdrilling.com |
NorAm Drilling AS invests in, owns and operates advanced high-end AC driven rigs tailored for the drilling of horizontal wells in the United States. It owns and operates fleet of eleven rigs located in the Permian Basin. The company was founded in 2007 and is headquartered in Oslo, Norway.
NorAm Drilling AS Fundamentals Summary
| TM9 fundamental statistics | |
|---|---|
| Market cap | €149.34m |
| Earnings (TTM) | €17.65m |
| Revenue (TTM) | €110.38m |
8.5x
P/E Ratio1.4x
P/S RatioIs TM9 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TM9 income statement (TTM) | |
|---|---|
| Revenue | US$118.29m |
| Cost of Revenue | US$28.51m |
| Gross Profit | US$89.79m |
| Other Expenses | US$70.87m |
| Earnings | US$18.92m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 30, 2024
| Earnings per share (EPS) | 0.44 |
| Gross Margin | 75.90% |
| Net Profit Margin | 15.99% |
| Debt/Equity Ratio | 0% |
How did TM9 perform over the long term?
See historical performance and comparison