NORAM Stock Overview
Owns and operates AC driven rigs tailored for the drilling of horizontal wells in the United States.
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 | kr37.80 |
52 Week High | kr54.50 |
52 Week Low | kr36.60 |
Beta | -0.20 |
1 Month Change | -6.09% |
3 Month Change | 0.40% |
1 Year Change | -26.17% |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -82.82% |
Recent News & Updates
Shareholder Returns
NORAM | NO Energy Services | NO Market | |
---|---|---|---|
7D | -3.4% | -2.5% | -2.2% |
1Y | -26.2% | 23.8% | 2.1% |
Return vs Industry: NORAM underperformed the Norwegian Energy Services industry which returned 27.2% over the past year.
Return vs Market: NORAM underperformed the Norwegian Market which returned 3.2% over the past year.
Price Volatility
NORAM volatility | |
---|---|
NORAM Average Weekly Movement | 4.7% |
Energy Services Industry Average Movement | 4.9% |
Market Average Movement | 5.0% |
10% most volatile stocks in NO Market | 11.0% |
10% least volatile stocks in NO Market | 3.1% |
Stable Share Price: NORAM has not had significant price volatility in the past 3 months.
Volatility Over Time: NORAM'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
NORAM fundamental statistics | |
---|---|
Market cap | kr1.63b |
Earnings (TTM) | kr122.29m |
Revenue (TTM) | kr1.18b |
13.3x
P/E Ratio1.4x
P/S RatioIs NORAM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NORAM income statement (TTM) | |
---|---|
Revenue | US$110.65m |
Cost of Revenue | US$29.01m |
Gross Profit | US$81.63m |
Other Expenses | US$70.18m |
Earnings | US$11.46m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 30, 2024
Earnings per share (EPS) | 0.27 |
Gross Margin | 73.78% |
Net Profit Margin | 10.36% |
Debt/Equity Ratio | 0% |
How did NORAM perform over the long term?
See historical performance and comparisonDividends
25.1%
Current Dividend Yieldn/a
Payout RatioDoes NORAM pay a reliable dividends?
See NORAM dividend history and benchmarksNorAm Drilling dividend dates | |
---|---|
Ex Dividend Date | Jun 14 2024 |
Dividend Pay Date | Jun 21 2024 |
Days until Ex dividend | 2 days |
Days until Dividend pay date | 5 days |
Does NORAM pay a reliable dividends?
See NORAM dividend history and benchmarks