NorAm Drilling AS Ordinary Shares NORAM
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- NOK 41.00
- Day Range
- NOK 40.50–41.30
- 52-Week Range
- NOK 36.60–59.50
- Bid/Ask
- NOK 40.50 / NOK 41.95
- Market Cap
- NOK 1.76 Bil
- Volume/Avg
- 24,760 / 73,398
Key Statistics
- Price/Earnings (Normalized)
- 5.14
- Price/Sales
- 1.38
- Dividend Yield (Trailing)
- 19.78%
- Dividend Yield (Forward)
- 12.90%
- Total Yield
- 19.78%
Company Profile
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm’s length terms, from its parent.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Stock Style Box
- Small Growth
- Total Number of Employees
- 243
- Website
- https://www.noramdrilling.com
Comparables
Valuation
|
Metric
|
NORAM
|
OKEA
|
300191
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.14 | 2.53 | — |
Price/Book Value | 1.84 | 3.86 | 4.04 |
Price/Sales | 1.38 | 0.28 | 9.29 |
Price/Cash Flow | 3.51 | 0.63 | 292.31 |
Price/Earnings
NORAM
OKEA
300191
Financial Strength
|
Metric
|
NORAM
|
OKEA
|
300191
|
|---|---|---|---|
Quick Ratio | 1.58 | 0.68 | 0.40 |
Current Ratio | 1.68 | 0.90 | 0.54 |
Interest Coverage | 38.36 | 3.37 | −8.23 |
Quick Ratio
NORAM
OKEA
300191
Profitability
|
Metric
|
NORAM
|
OKEA
|
300191
|
|---|---|---|---|
Return on Assets (Normalized) | 27.51% | 7.46% | −6.87% |
Return on Equity (Normalized) | 34.98% | 80.49% | −12.26% |
Return on Invested Capital (Normalized) | 35.07% | 36.54% | −8.66% |
Return on Assets
NORAM
OKEA
300191
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