NorAm Drilling AS

Research NorAm Drilling AS (NORAM) on Bullrun: valuation model: 47.6% undervalued, market cap NOK 1.71B, P/E 14.4, dividend yield 10.1%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

• TickerNORAM
• ExchangeOL
• CountryNorway
• SectorEnergy
• IndustryOil & Gas Equipment & Services
• CurrencyNOK
• Valuation signal47.6% undervalued
• Market capNOK 1.71B
• P/E14.4
• Dividend yield10.1%
• Financial periodQ4 2025
• RevenueNOK 26.47M
• Net incomeNOK 2.00M
• Free cash flowNOK 4.91M
• Gross margin64.2%

Valuation Snapshot

Bullrun's latest valuation model marks NorAm Drilling AS as 47.6% undervalued; latest market cap is NOK 1.71B; P/E is 14.4; dividend yield is 10.1%.

About NorAm Drilling AS

NorAm Drilling AS, together with its subsidiary, owns and operates AC driven 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

Is NorAm Drilling AS overvalued or undervalued?

Bullrun's valuation model currently marks NorAm Drilling AS as 47.6% undervalued.

What is NorAm Drilling AS's market cap?

NorAm Drilling AS's market capitalization is NOK 1.71B.

What is NorAm Drilling AS's P/E ratio?

NorAm Drilling AS's price-to-earnings (P/E) ratio is 14.4.

Does NorAm Drilling AS pay a dividend?

NorAm Drilling AS has a dividend yield of 10.1%.

What does NorAm Drilling AS do?

NorAm Drilling AS, together with its subsidiary, owns and operates AC driven 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.