NorAm Drilling AS (BST:TM9)
Germany
· Delayed Price · Currency is EUR | Market Cap | 187.65M |
| Revenue (ttm) | 86.13M |
| Net Income (ttm) | 12.62M |
| Shares Out | n/a |
| EPS (ttm) | 0.29 |
| PE Ratio | 14.87 |
| Forward PE | 12.45 |
| Dividend | 0.34 (7.78%) |
| Ex-Dividend Date | Apr 14, 2026 |
| Volume | 11,700 |
| Average Volume | 1,764 |
| Open | 4.300 |
| Previous Close | 4.310 |
| Day's Range | 4.275 - 4.500 |
| 52-Week Range | 1.918 - 4.500 |
| Beta | n/a |
| RSI | 58.88 |
| Earnings Date | May 29, 2026 |
About NorAm Drilling AS
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven 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. [Read more]
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 USDNews
NorAm Drilling AS Earnings Call Transcript: Q4 2025
Revenue rose to $26.5M in Q4 2025, with rig utilization up to 82.6% and both available rigs contracted for full fleet use by March 2026. Net profit and EBITDA declined sequentially due to higher costs, but the company remains debt-free, maintains strong dividends, and expects a flat market in early 2026.
Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q4 2025 Result
Earnings To Watch: NorAm Drilling AS (OSL:NORAM) Reports Q4 2025 Result
What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2025 Earnings
What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2025 Earnings
NorAm Drilling AS Earnings Call Transcript: Q3 2025
Revenue and adjusted EBITDA declined sequentially due to lower rig utilization, but net profit after tax increased slightly. Dividend payments continued, with a strong balance sheet and high fleet efficiency maintained. Permian rig counts stabilized, and outlook remains steady barring significant oil price changes.
NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings Report Preview: What To Expect
NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings Report Preview: What To Expect
What To Expect From NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings
What To Expect From NorAm Drilling AS (OSL:NORAM) Q3 2025 Earnings
NorAm Drilling AS Earnings Call Transcript: Q2 2025
Q2 2025 saw lower revenue and EBITDA due to decreased rig utilization and higher costs, with net profit after tax at $3.7 million. Despite a challenging Permian market, strong cash returns and a debt-free balance sheet were maintained, and backlog is expected to rise with upcoming rig renewals.
NorAm Drilling AS Earnings Call Transcript: Q1 2025
Operational excellence maintained with 10 of 11 rigs active, despite a sequential revenue dip to $25.8M. Net profit surged to $5.2M, aided by lower expenses and revised depreciation. Dividend policy remains robust, with a 22% annualized yield and a debt-free balance sheet.
What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2024 Earnings
What To Expect From NorAm Drilling AS (OSL:NORAM) Q4 2024 Earnings
NorAm Drilling AS Earnings Call Transcript: Q4 2024
Q4 2024 saw higher revenue, utilization, and EBITDA despite a flat rig market, with strong contract renewals and continued robust dividend payouts. The company remains debt-free, maintains high operational efficiency, and expects stable costs and CapEx in 2025.
NorAm Drilling AS Earnings Call Transcript: Q3 2024
Q3 revenue rose 6.4% to $26.5M, with utilization at 89.3% and net income of $700K. Dividend payments continued, and the company remains debt-free with a strong cash position. Flat rig counts and oil prices are expected to persist into 2025.
NorAm Drilling AS Earnings Call Transcript: Q2 2024
Revenue and utilization were flat to slightly down, with adjusted EBITDA declining due to higher maintenance costs. The company remains debt-free, continues monthly dividends with a 13% yield, and expects stable rig counts and day rates, with potential for improvement if commodity prices rise.