TM9 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 | 4/6 |
| 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 3.11 |
| 52 Week High | NOK 4.56 |
| 52 Week Low | NOK 2.90 |
| Beta | -0.19 |
| 11 Month Change | -3.12% |
| 3 Month Change | -8.26% |
| 1 Year Change | -29.40% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -16.96% |
Recent News & Updates
Recent updates
Shareholder Returns
| TM9 | DE Energy Services | DE Market | |
|---|---|---|---|
| 7D | -5.8% | 0.7% | 1.0% |
| 1Y | -29.4% | -0.8% | 11.2% |
Return vs Industry: TM9 underperformed the German Energy Services industry which returned -0.8% over the past year.
Return vs Market: TM9 underperformed the German Market which returned 11.2% over the past year.
Price Volatility
| TM9 volatility | |
|---|---|
| TM9 Average Weekly Movement | 7.0% |
| Energy Services Industry Average Movement | 5.4% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 11.6% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: TM9 has not had significant price volatility in the past 3 months.
Volatility Over Time: TM9's weekly volatility (7%) 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
| TM9 fundamental statistics | |
|---|---|
| Market cap | €136.52m |
| Earnings (TTM) | €1.50m |
| Revenue (TTM) | €90.22m |
91.2x
P/E Ratio1.5x
P/S RatioIs TM9 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TM9 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 TM9 perform over the long term?
See historical performance and comparison