NorAm Drilling Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:TM9 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
19 Dec 24	Buy€5,210	Marius Furuly	Individual		2,000	€2.60
28 Nov 24	Buy€82,276	Ole Hjertaker	Individual		30,000	€2.74

Insider Trading Volume

Insider Buying: TM9 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TM9?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	1,266,225	2.93%
Private Companies	2,699,033	6.24%
Institutions	5,209,360	12.1%
General Public	12,857,255	29.7%
Individual Insiders	21,193,457	49%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 17 shareholders own 70.26% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
48.2%	John Fredriksen	20,818,658	€61.3m	0%	no data
5.09%	Seabulk AS	2,198,478	€6.5m	0%	no data
4.14%	BNY Asset Management	1,787,837	€5.3m	0%	no data
2.93%	SFL Corporation Ltd.	1,266,225	€3.7m	0%	no data
2.66%	Nordnet AB (publ), Asset Management Arm	1,148,763	€3.4m	0%	0.49%
2.15%	Danske Bank A/S, Asset Management Arm	930,009	€2.7m	0%	0.01%
1.39%	Morgan Stanley, Investment Banking and Brokerage Investments	601,745	€1.8m	0%	no data
1.16%	Zolen & Månen AS	500,555	€1.5m	0%	no data
0.91%	CQS (UK) LLP	391,656	€1.2m	0%	0.3%
0.52%	Ole Hjertaker	223,138	€656.9k	15.5%	no data
0.45%	WisdomTree Asset Management, Inc.	195,041	€574.2k	-9.65%	no data
0.32%	Yacktman Asset Management LP	140,464	€413.5k	-11.1%	no data
0.31%	Thomas Taylor	133,553	€393.2k	0%	no data
0.042%	Marius Furuly	18,108	€53.3k	12.4%	no data
0.016%	Acadian Asset Management LLC	7,006	€20.6k	0%	no data
0.015%	Exchange Traded Concepts, LLC	6,564	€19.3k	-67.9%	no data
0.00064%	American Century Investment Management Inc	275	€814.4	96.4%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 03:26
End of Day Share Price	2025/01/08 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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