NorAm Drilling AS (FRA:TM9)

Germany flag Germany · Delayed Price · Currency is EUR
4.205
+0.075 (1.82%)
Last updated: Jun 2, 2026, 3:25 PM CET
Market Cap182.93M +95.6%
Revenue (ttm)88.05M -2.2%
Net Income10.61M +118.6%
EPSn/a
Shares Out n/a
PE Ratio17.25
Forward PE11.38
Dividend0.33 (7.95%)
Ex-Dividend DateMay 15, 2026
Volumen/a
Open4.130
Previous Close4.130
Day's Range4.100 - 4.205
52-Week Range1.860 - 4.950
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateMay 27, 2026

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. [Read more]

Industry Drilling Oil and Gas Wells
Founded 2007
Employees 308
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol TM9

Financial Performance

In 2025, NorAm Drilling AS's revenue was $101.13 million, a decrease of -1.91% compared to the previous year's $103.10 million. Earnings were $14.81 million, an increase of 557.19%.

Financial numbers in USD Financial Statements

News

NorAm Drilling AS Earnings Call Transcript: Q1 2026

Achieved full fleet utilization and improved EBITDA despite flat revenue and volatile oil prices. Dividend policy remains strong, with a 9% annualized yield and a debt-free balance sheet. Market conditions favor super-spec rigs amid rising contract lengths and tight equipment supply.

5 days ago - Transcripts

NorAm Drilling AS Quarterly report: Q1 2026

NorAm Drilling AS has published its Q1 2026 quarterly earnings report on May 28, 2026.

5 days ago - Filings

NorAm Drilling AS Slides: Q1 2026

NorAm Drilling AS has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 28, 2026.

5 days ago - Filings

NorAm Drilling AS (OSL:NORAM) Q1 2026 Earnings Report Preview: What To Expect

NorAm Drilling AS (OSL:NORAM) Q1 2026 Earnings Report Preview: What To Expect

6 days ago - GuruFocus

Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q1 2026 Result

Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q1 2026 Result

7 days ago - GuruFocus

NorAm Drilling AS Earnings Call Transcript: Q4 2025

Revenue rose to $26.5M in Q4 2025, with rig utilization up to 82.6% and both available rigs contracted for full fleet use by March 2026. Net profit and EBITDA declined sequentially due to higher costs, but the company remains debt-free, maintains strong dividends, and expects a flat market in early 2026.

3 months ago - Transcripts

NorAm Drilling AS Quarterly report: Q4 2025

NorAm Drilling AS has published its Q4 2025 quarterly earnings report on February 20, 2026.

3 months ago - Filings

NorAm Drilling AS Slides: Q4 2025

NorAm Drilling AS has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 20, 2026.

3 months ago - Filings

NorAm Drilling AS Annual report: Q4 2025

NorAm Drilling AS has published its Q4 2025 annual report on February 20, 2026.

3 months ago - Filings

Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q4 2025 Result

Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q4 2025 Result

3 months ago - GuruFocus

What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2025 Earnings

What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2025 Earnings

3 months ago - GuruFocus

NorAm Drilling AS Earnings Call Transcript: Q3 2025

Revenue and adjusted EBITDA declined sequentially due to lower rig utilization, but net profit after tax increased slightly. Dividend payments continued, with a strong balance sheet and high fleet efficiency maintained. Permian rig counts stabilized, and outlook remains steady barring significant oil price changes.

6 months ago - Transcripts

NorAm Drilling AS Quarterly report: Q3 2025

NorAm Drilling AS has published its Q3 2025 quarterly earnings report on November 20, 2025.

6 months ago - Filings

NorAm Drilling AS Slides: Q3 2025

NorAm Drilling AS has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 20, 2025.

6 months ago - Filings

NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings Report Preview: What To Expect

NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings Report Preview: What To Expect

6 months ago - GuruFocus

What To Expect From NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings

What To Expect From NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings

7 months ago - GuruFocus

NorAm Drilling AS Slides: Pareto Securities' 32nd annual Energy Conference Presentation

NorAm Drilling AS has posted slides in relation to its latest quarterly earnings report, which was published on September 9, 2025.

9 months ago - Filings

NorAm Drilling AS Earnings Call Transcript: Q2 2025

Q2 2025 saw lower revenue and EBITDA due to decreased rig utilization and higher costs, with net profit after tax at $3.7 million. Despite a challenging Permian market, strong cash returns and a debt-free balance sheet were maintained, and backlog is expected to rise with upcoming rig renewals.

10 months ago - Transcripts

NorAm Drilling AS Quarterly report: Q2 2025

NorAm Drilling AS has published its Q2 2025 quarterly earnings report on August 26, 2025.

10 months ago - Filings

NorAm Drilling AS Slides: Q2 2025

NorAm Drilling AS has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on August 26, 2025.

10 months ago - Filings

What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2024 Earnings

What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2024 Earnings

1 year ago - GuruFocus