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.
Frequently asked questions
What sector does NorAm Drilling AS (NORAM) operate in?
NorAm Drilling AS belongs to the Energy sector and operates in the Oil & Gas Equipment & Services industry.
What is NorAm Drilling AS (NORAM) current stock price?
As of the latest data, NorAm Drilling AS stock price is NOK 45.20, with a previous close of NOK 44.80. NorAm Drilling AS gained NOK 0.40 in the last trading session, representing a 0.89% increase.
What is NorAm Drilling AS (NORAM) current market capitalization?
NorAm Drilling AS market cap is approximately 1.96 billion.
What is NorAm Drilling AS (NORAM) Earnings Per Share (EPS)?
The trailing EPS is NOK 3.33, and the forward EPS is NOK 5.45.
What is NorAm Drilling AS (NORAM) Price-to-Earnings (P/E) ratio?
NorAm Drilling AS current P/E ratio is 13.57, with a forward P/E of 8.3.
Does NorAm Drilling AS (NORAM) pay dividends?
Yes. NorAm Drilling AS pays monthly dividends with an annualized yield of 11.36% and an estimated annual payout of NOK 0.54 per share.
When is the next ex-dividend date for NorAm Drilling AS (NORAM)?
The next ex-dividend date is scheduled for August 15, 2026.
How did NorAm Drilling AS (NORAM) perform in its most recent earnings report?
In the last report (March 31, 2026), NorAm Drilling AS posted an EPS surprise of -8.2% and a revenue surprise of 6.82%.
What is NorAm Drilling AS (NORAM) beta (volatility) score?
NorAm Drilling AS has a beta of -0.190, indicating lower volatility than the overall market.