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 | 4/6 |
| 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 2.85 |
| 52 Week High | NOK 4.30 |
| 52 Week Low | NOK 2.86 |
| Beta | -0.15 |
| 11 Month Change | -6.25% |
| 3 Month Change | -8.80% |
| 1 Year Change | -17.51% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -23.90% |
Recent News & Updates
Recent updates
Shareholder Returns
| TM9 | DE Energy Services | DE Market | |
|---|---|---|---|
| 7D | -7.3% | -1.3% | 1.3% |
| 1Y | -17.5% | 10.9% | 7.9% |
Return vs Industry: TM9 underperformed the German Energy Services industry which returned 11.5% over the past year.
Return vs Market: TM9 underperformed the German Market which returned 7.2% over the past year.
Price Volatility
| TM9 volatility | |
|---|---|
| TM9 Average Weekly Movement | 5.5% |
| Energy Services Industry Average Movement | 5.3% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.8% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: TM9 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: TM9's weekly volatility (5%) 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 | €124.10m |
| Earnings (TTM) | €307.94k |
| Revenue (TTM) | €95.25m |
403.0x
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 comparison