NORAM.OL
Price:
$32.5
Market Cap:
$139.00M
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 PE Ratio is 11.05. This represents a change of -97.51% compared to the average of 443.42 of the last 4 quarters.
The mean historical PE Ratio of NorAm Drilling AS over the last ten years is 10.24. The current 11.05 PE Ratio has changed 10.69% with respect to the historical average. Over the past ten years (40 quarters), NORAM.OL's PE Ratio was at its highest in in the December 2024 quarter at 1.75K. The PE Ratio was at its lowest in in the June 2024 quarter at -143.68.
Average
10.24
Median
1.61
Minimum
-49.91
Maximum
59.13
Discovering the peaks and valleys of NorAm Drilling AS PE Ratio, 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 = 528.89%
Maximum Annual PE Ratio = 59.13
Minimum Annual Increase = -1036.06%
Minimum Annual PE Ratio = -49.91
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 59.13 | 528.89% |
| 2023 | 9.40 | -83.74% |
| 2022 | 57.81 | -1036.06% |
| 2021 | -6.18 | -29.93% |
| 2020 | -8.81 | -82.34% |
The current PE Ratio of NorAm Drilling AS (NORAM.OL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
42.11
5-year avg
22.27
10-year avg
10.24
NorAm Drilling AS’s PE Ratio is greater than Prosafe SE (-0.11), greater than ABL Group ASA (-60.53), less than Eidesvik Offshore ASA (11.81), greater than S.D. Standard ETC Plc (-15.05), greater than Questerre Energy Corporation (-14.14), greater than Petrolia SE (7.43), greater than Reach Subsea ASA (8.70), greater than Deep Value Driller AS (7.60), greater than Northern Ocean Ltd. (-2.24), greater than Electromagnetic Geoservices ASA (1.28),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.11 | $1.32B | |
| -60.53 | $1.16B | |
| 11.81 | $915.94M | |
| -15.05 | $959.80M | |
| -14.14 | $951.31M | |
| 7.43 | $272.74M | |
| 8.70 | $2.08B | |
| 7.60 | $1.93B | |
| -2.24 | $2.70B | |
| 1.28 | $34.18M |
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