NorAm Drilling AS (OSL:NORAM)

Market Cap	1.90B +60.8%
Revenue (ttm)	1.05B +2.0%
Net Income	126.69M +34.3%
EPS	2.79 +34.9%
Shares Out	43.36M
PE Ratio	15.74
Forward PE	8.20
Dividend	3.83 (8.70%)
Ex-Dividend Date	Sep 18, 2026

Volume	40,399
Open	43.95
Previous Close	43.85
Day's Range	43.70 - 44.05
52-Week Range	26.10 - 53.50
Beta	-0.16
Analysts	Buy
Price Target	56.50 (+28.41%)
Earnings Date	Nov 27, 2026

About NorAm Drilling AS

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.

• Industry: Oil & Gas Equipment & Services
• Sector: Energy
• Founded: 2007
• Employees: 311
• Stock Exchange: Oslo Børs
• Ticker Symbol: NORAM

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

Analyst Summary

According to 2 analysts, the average rating for NORAM stock is "Buy." The 12-month stock price target is kr 56.50, which is an increase of 28.41% from the latest price.

Price Target

kr 56.50

(28.41% upside)

Analyst Consensus: Buy

Data Sources: S&P Global Market Intelligence and Financial Modeling Prep

Fundamental and historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Financial Modeling Prep.

Last checked:

Oct 5, 2026

Data Sources Report a data error