Noram Drilling AS (NORAM)

Currency in NOK
45.50
+0.30(+0.66%)
Closed·
Earnings results expected in 13 days
High dividend Yield
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Fair Value
Day's Range
45.2545.65
52 wk Range
24.5053.50
Key Statistics
Prev. Close
45.2
Open
45.25
Day's Range
45.25-45.65
52 wk Range
24.5-53.5
Volume
93.13K
Average Volume (3m)
96.2K
1-Year Change
74.6641%
Book Value / Share
12.12
Fair Value
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Fair Value Upside
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NORAM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
56.50
Upside
+24.18%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory

Noram Drilling AS News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

2 Buy
0 Hold
0 Sell
Ratings:
2 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 56.50
(+24.18% Upside)

Noram Drilling AS Earnings Call Summary for Q1/2026

  • Q1 2026 operating profit surged 50% quarter-over-quarter to NOK 3.0M; achieved 100% fleet utilization despite flat revenue at NOK 26.2M
  • Adjusted EBITDA rose 18.4% to NOK 4.5M; net profit increased 30% to NOK 2.6M with debt-free balance sheet and $7.3M cash position
  • Stock declined 1.88% to NOK 50.5 post-earnings but delivered 155% total return over past year; maintains 9% annual dividend yield
  • Q2 2026 guidance: EPS forecast at $0.11 with revenue expected to reach $27.95M; committed to returning all free cash flow to shareholders
  • Key risks include supply chain constraints for critical equipment, crew availability shortages, oil price volatility, and inflationary cost pressures
Last Updated: 2026-05-28, 09:36 a/m
Read Full Transcript

Earnings

Latest Release
May 27, 2026
EPS / Forecast
0.06 / 0.75
Revenue / Forecast
26.19M / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.28%
Dividend Yield
8.85%
Industry Median 6.07%
Annualized payout
4.02
Paid unevenly
5-Years Growth
-
Growth Streak

NORAM Income Statement

Compare NORAM to Peers and Sector

Metrics to compare
NORAM
Peers
Sector
Relationship
P/E Ratio
17.1x4.2x5.6x
PEG Ratio
0.140.040.00
Price/Book
3.8x1.5x1.1x
Price / LTM Sales
2.1x1.1x1.4x
Upside (Analyst Target)
24.2%8.1%24.4%
Fair Value Upside
Unlock11.1%6.5%Unlock

NorAm Drilling AS, together with its subsidiary, owns and operates AC driven onshore rigs for the drilling of horizontal wells in the United States. The company owns and operates a fleet of rigs located in the Permian Basin. NorAm Drilling AS was incorporated in 2007 and is headquartered in Oslo, Norway.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
1.48M3.43%67.56M
Other Institutional Investors
8.91M20.57%405.52M
Public Companies & Retail Investors
32.92M76.00%1.50B
Total
43.32M100.00%1.97B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Seabulk AS4.73%2,049,40093,248
BNY Asset Management4.04%1,751,73879,704

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FAQ

What Is the Noram Drilling AS (NORAM) Stock Price Today?

The Noram Drilling AS stock price today is 45.50 NOK.

What Stock Exchange Does Noram Drilling AS Trade On?

Noram Drilling AS is listed and trades on the Oslo Stock Exchange.

What Is the Stock Symbol for Noram Drilling AS?

The stock symbol for Noram Drilling AS is "NORAM."

Does Noram Drilling AS Pay Dividends? What’s The Current Dividend Yield?

The Noram Drilling AS dividend yield is 8.85%.

What Is the Noram Drilling AS Market Cap?

As of today, Noram Drilling AS market cap is 1.97B NOK.

What Is Noram Drilling AS's Earnings Per Share (TTM)?

The Noram Drilling AS EPS (TTM) is 0.28.

When Is the Next Noram Drilling AS Earnings Date?

Noram Drilling AS will release its next earnings report on Aug 29, 2026.

From a Technical Analysis Perspective, Is NORAM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Noram Drilling AS Stock Split?

Noram Drilling AS has split 0 times.

How Many Employees Does Noram Drilling AS Have?

Noram Drilling AS has 311 employees.

What is the current trading status of Noram Drilling AS (NORAM)?

As of Aug 16, 2026, Noram Drilling AS (NORAM) is trading at a price of 45.50 NOK, with a previous close of 45.20 NOK. The stock has fluctuated within a day range of 45.25 NOK to 45.65 NOK, while its 52-week range spans from 24.50 NOK to 53.50 NOK.

What Is Noram Drilling AS (NORAM) Price Target According to Analysts?

The average 12-month price target for Noram Drilling AS is 56.50 NOK, with a high estimate of 60 NOK and a low estimate of 53 NOK. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +24.18% Upside potential.
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