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 Enterprise Value is 133.72M. This represents a change of 13.02% compared to the average of 118.31M of the last 4 quarters.
The mean historical Enterprise Value of NorAm Drilling AS over the last ten years is 170.71M. The current 133.72M Enterprise Value has changed 7.73% with respect to the historical average. Over the past ten years (40 quarters), NORAM.OL's Enterprise Value was at its highest in in the December 2022 quarter at 246.90M. The Enterprise Value was at its lowest in in the June 2025 quarter at 90.13M.
Average
170.71M
Median
175.97M
Minimum
124.91M
Maximum
204.85M
Discovering the peaks and valleys of NorAm Drilling AS Enterprise Value, 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 = 6.01%
Maximum Annual Enterprise Value = 204.85M
Minimum Annual Increase = -25.92%
Minimum Annual Enterprise Value = 124.91M
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 124.91M | -25.92% |
| 2023 | 168.61M | 6.01% |
| 2022 | 159.05M | -13.34% |
| 2021 | 183.53M | 0.10% |
| 2020 | 183.34M | -10.50% |
The current Enterprise Value 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
150.85M
5-year avg
163.89M
10-year avg
170.71M
NorAm Drilling AS’s Enterprise Value is less than Prosafe SE (154.64M), greater than ABL Group ASA (122.10M), less than Eidesvik Offshore ASA (1.42B), greater than S.D. Standard ETC Plc (10.10M), greater than Questerre Energy Corporation (110.34M), greater than Petrolia SE (11.90M), less than Reach Subsea ASA (3.26B), less than Deep Value Driller AS (296.31M), less than Northern Ocean Ltd. (777.25M), greater than Electromagnetic Geoservices ASA (20.99M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 154.64M | $1.36B | |
| 122.10M | $1.15B | |
| 1.42B | $897.69M | |
| 10.10M | $970.29M | |
| 110.34M | $934.16M | |
| 11.90M | $272.74M | |
| 3.26B | $2.14B | |
| 296.31M | $2.03B | |
| 777.25M | $2.60B | |
| 20.99M | $35.36M |
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What is the Enterprise Value?
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What is NorAm Drilling AS's Enterprise Value?
What is the highest Enterprise Value for NorAm Drilling AS (NORAM.OL)?
What is the 3-year average Enterprise Value for NorAm Drilling AS (NORAM.OL)?
What is the 5-year average Enterprise Value for NorAm Drilling AS (NORAM.OL)?
How does the current Enterprise Value for NorAm Drilling AS (NORAM.OL) compare to its historical average?