TM9 Stock Overview
Owns and operates AC driven rigs tailored for the drilling of horizontal wells in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
NorAm Drilling AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 3.02 |
| 52 Week High | NOK 3.75 |
| 52 Week Low | NOK 2.90 |
| Beta | -0.14 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -20.92% |
Recent News & Updates
Recent updates
Shareholder Returns
| TM9 | DE Energy Services | DE Market | |
|---|---|---|---|
| 7D | 0% | 4.7% | 2.0% |
| 1Y | n/a | 22.4% | 9.6% |
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 | 5.1% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.7% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: TM9's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: Insufficient data to determine TM9's volatility change 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
| TM9 fundamental statistics | |
|---|---|
| Market cap | €119.41m |
| Earnings (TTM) | €313.53k |
| Revenue (TTM) | €96.98m |
390.8x
P/E Ratio1.3x
P/S RatioIs TM9 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TM9 income statement (TTM) | |
|---|---|
| Revenue | US$100.53m |
| Cost of Revenue | US$30.38m |
| Gross Profit | US$70.15m |
| Other Expenses | US$69.83m |
| Earnings | US$325.00k |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 28, 2025
| Earnings per share (EPS) | 0.0075 |
| Gross Margin | 69.78% |
| Net Profit Margin | 0.32% |
| Debt/Equity Ratio | 0% |
How did TM9 perform over the long term?
See historical performance and comparisonDividends
16.3%
Current Dividend Yieldn/a
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 08:32 |
| End of Day Share Price | 2024/10/28 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NorAm Drilling AS is covered by 2 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Truls Olsen | Fearnley Securities |
| Bård Rosef | Pareto Securities |