NORAM.OL
Price:
$32.9
Market Cap:
$141.27M
NorAm Drilling AS invests in, owns and operates advanced high-end AC driven rigs tailored for the drilling of horizontal wells in the United States. It owns and operates fleet of eleven rigs located in the Permian Basin. The company was founded in 2007 and is headquartered in Oslo, Norway. NorAm Drilling AS is a subsidiary of Geveran Trading Ltd.
Industry
Oil & Gas Equipment & Services
IPO Date
2022-10-07
Stock Exchange
OSL
Ticker
NORAM.OL
According to NorAm Drilling AS’s latest financial reports and current stock price. The company's current Dividend Yield is 13.91%. This represents a change of 232.53% compared to the average of 4.18% of the last 4 quarters.
The mean historical Dividend Yield of NorAm Drilling AS over the last ten years is 6.29%. The current 13.91% Dividend Yield has changed 121.11% with respect to the historical average. Over the past ten years (40 quarters), NORAM.OL's Dividend Yield was at its highest in in the June 2023 quarter at 7.09%. The Dividend Yield was at its lowest in in the September 2022 quarter at 0%.
Average
6.29%
Median
1.27%
Minimum
0%
Maximum
23.51%
Discovering the peaks and valleys of NorAm Drilling AS Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Dividend Yield = 23.51%
Minimum Annual Increase = 0%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2024 | 11.68% | -50.32% |
| 2023 | 23.51% | 825.14% |
| 2022 | 2.54% | Infinity% |
| 2021 | 0% | 0% |
| 2020 | 0% | 0% |
The current Dividend Yield of NorAm Drilling AS (NORAM.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.58%
5-year avg
7.55%
10-year avg
6.29%
NorAm Drilling AS’s Dividend Yield is greater than Prosafe SE (0%), less than ABL Group ASA (10.47%), less than Eidesvik Offshore ASA (2.44%), greater than S.D. Standard ETC Plc (0%), greater than Questerre Energy Corporation (0%), greater than Petrolia SE (0%), less than Reach Subsea ASA (6.43%), less than Deep Value Driller AS (23.75%), greater than Northern Ocean Ltd. (0%), greater than Electromagnetic Geoservices ASA (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 0% | $1.36B | |
| 10.47% | $1.15B | |
| 2.44% | $897.69M | |
| 0% | $970.29M | |
| 0% | $934.16M | |
| 0% | $272.74M | |
| 6.43% | $2.14B | |
| 23.75% | $2.03B | |
| 0% | $2.60B | |
| 0% | $35.36M |
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