NorAm Drilling AS (NORAM)

NorAm Drilling is a land drilling contractor that owns and operates high-spec land rigs for oil and gas operators, with a focus on U.S. onshore basins such as the Permian. Revenue comes from day-rate contracts for drilling services rather than from producing or selling hydrocarbons itself. The company is listed in Oslo while its operational footprint is primarily in the United States.

Market
Oslo
Sector
Energy
Trend
Strong uptrend
Last close
47.25 (+0.32% on the day)
MA50
42.91
MA200
39.04
52-week range
24.24–51.02
Market cap
2B NOK
P/E
18.07
Dividend yield
0%
Data as of
2026-09-03
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q1 202525.85.2
Q2 202524.93.6
Q3 202523.94
Q4 202526.52
Q1 202626.21.6%2.6-50.2%

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Other companies on Oslo: Skue Sparebank (SKUE), Nordhealth AS (NORDH), Deep Value Driller AS (DVD), Kongsberg Automotive ASA (KOA), Nordic Aqua Partners A/S (NOAP), Icelandic Salmon AS (ISLAX)