NorAm Drilling AS

OB:NORAM Stock Report

Market Cap: NOK 1.4b

NorAm Drilling Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marty Jimmerson

Chief executive officer

US$475.8k

Total compensation

CEO salary percentage100.0%
CEO tenure7.8yrs
CEO ownershipn/a
Management average tenure7.8yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

NorAm Drilling's (OB:NORAM) Soft Earnings Are Actually Better Than They Appear

Aug 30
NorAm Drilling's (OB:NORAM) Soft Earnings Are Actually Better Than They Appear

Analysts Have Been Trimming Their NorAm Drilling AS (OB:NORAM) Price Target After Its Latest Report

May 24
Analysts Have Been Trimming Their NorAm Drilling AS (OB:NORAM) Price Target After Its Latest Report

There's Reason For Concern Over NorAm Drilling AS' (OB:NORAM) Price

Jul 17
There's Reason For Concern Over NorAm Drilling AS' (OB:NORAM) Price

NorAm Drilling's (OB:NORAM) Solid Profits Have Weak Fundamentals

Feb 27
NorAm Drilling's (OB:NORAM) Solid Profits Have Weak Fundamentals

CEO Compensation Analysis

How has Marty Jimmerson's remuneration changed compared to NorAm Drilling's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$325k

Jun 30 2024n/an/a

US$2m

Mar 31 2024n/an/a

US$11m

Dec 31 2023US$476kUS$476k

US$19m

Sep 30 2023n/an/a

US$30m

Jun 30 2023n/an/a

US$30m

Mar 31 2023n/an/a

US$17m

Dec 31 2022US$497kUS$497k

US$3m

Sep 30 2022n/an/a

-US$12m

Jun 30 2022n/an/a

-US$18m

Mar 31 2022n/an/a

-US$19m

Dec 31 2021US$404kUS$402k

-US$19m

Sep 30 2021n/an/a

-US$15m

Jun 30 2021n/an/a

-US$15m

Mar 31 2021n/an/a

-US$15m

Dec 31 2020US$330kUS$326k

-US$14m

Sep 30 2020n/an/a

-US$15m

Jun 30 2020n/an/a

-US$10m

Mar 31 2020n/an/a

-US$5m

Dec 31 2019US$408kUS$408k

-US$2m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

-US$927k

Mar 31 2019n/an/a

-US$2m

Dec 31 2018US$467kUS$460k

-US$4m

Sep 30 2018n/an/a

-US$4m

Jun 30 2018n/an/a

-US$7m

Mar 31 2018n/an/a

-US$10m

Dec 31 2017US$415kUS$403k

-US$13m

Compensation vs Market: Marty's total compensation ($USD475.81K) is above average for companies of similar size in the Norwegian market ($USD299.15K).

Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.

CEO

Marty Jimmerson (61 yo)

7.8yrs

Tenure

US$475,814

Compensation

Mr. Martin L. Jimmerson, Jr., also known as Marty, has been Chief Financial Officer and Chief Executive Officer of NorAm Drilling AS (formerly known as NorAm Drilling Company AS) since joining in January 2...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Jimmerson
CEO & CFO7.8yrsUS$475.81kno data
Thomas Taylor
Chief Operating Officer10yrsno data0.31%
NOK 4.5m
Marius Furuly
Director of Investor Relations & Strategy2.8yrsno data0.037%
NOK 539.7k
Phyllis Menard
Human Resources Managerno datano datano data

7.8yrs

Average Tenure

Experienced Management: NORAM's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ole Hjertaker
Chairman8.9yrsUS$18.97k0.45%
NOK 6.5m
Christopher Baker
Director2.7yrsUS$18.79kno data
Espen Marcussen
Deputy Board Member6.8yrsno datano data
Synne Syrist
Deputy Board Memberno datano datano data
Jan Klepsland
Director1.4yrsUS$10.28kno data

4.8yrs

Average Tenure

51yo

Average Age

Experienced Board: NORAM's board of directors are considered experienced (4.8 years average tenure).