Is NorAm Drilling AS a good investment? NorAm Drilling AS (NORAM.OL) is currently trading at 46.40 NOK. Market analysts have a consensus price target of 56.50 NOK. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 16.22. This valuation is generally in line with the broader market.
Earnings Schedule: NorAm Drilling AS is expected to release its next earnings report on Nov. 27, 2026. The market consensus estimate for Forward EPS is 5.53.
For income investors, NorAm Drilling AS pays a dividend yield of 9.32%. With a payout ratio of 132%, the dividend appears to be under pressure.
Yes, it pays an annual dividend of 0.46 NOK (9.32% yield).
NorAm Drilling AS is classified as a Stock. You can compare it against 2 other assets in the "Related Symbols" list on this page.
The next earnings date is projected to be Nov. 27, 2026. The company currently has a trailing EPS of 2.86.
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven onshore 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.
| Year | Total Dividends |
|---|---|
| ▸2027 |
2.87 NOK
|
| Sept. 27, 2027 (estimated) | 0.3360 |
| Aug. 26, 2027 (estimated) | 0.4240 |
| July 26, 2027 (estimated) | 0.4360 |
| June 28, 2027 (estimated) | 0.3810 |
| May 26, 2027 (estimated) | 0.3670 |
| April 22, 2027 (estimated) | 0.3320 |
| March 25, 2027 (estimated) | 0.2910 |
| Feb. 25, 2027 (estimated) | 0.1425 |
| Jan. 26, 2027 (estimated) | 0.1567 |
| ▸2026 |
4.28 NOK
|
| Dec. 23, 2026 (estimated) | 0.3086 |
| Nov. 30, 2026 (estimated) | 0.3044 |
| Oct. 23, 2026 | 0.4260 |
| Sept. 25, 2026 | 0.4240 |
| Aug. 26, 2026 | 0.4240 |
| July 24, 2026 | 0.4360 |
| June 26, 2026 | 0.3810 |
| May 26, 2026 | 0.3670 |
| April 22, 2026 | 0.3320 |
| March 25, 2026 | 0.2910 |
| Feb. 25, 2026 | 0.2850 |
| Jan. 26, 2026 | 0.3030 |
| ▸2025 |
4.43 NOK
|
| Dec. 23, 2025 | 0.3040 |
| Nov. 28, 2025 | 0.3030 |
| Oct. 24, 2025 | 0.3030 |
| Sept. 24, 2025 | 0.2950 |
| Aug. 22, 2025 | 0.3060 |
| July 30, 2025 | 0.3560 |
| June 25, 2025 | 0.3970 |
| May 23, 2025 | 0.4170 |
| April 24, 2025 | 0.4220 |
| March 14, 2025 | 0.4270 |
| Feb. 17, 2025 | 0.4440 |
| Jan. 14, 2025 | 0.4600 |
| ▸2024 |
5.47 NOK
|
| Dec. 23, 2024 | 0.4450 |
| Nov. 22, 2024 | 0.4460 |
| Oct. 23, 2024 | 0.4310 |
| Sept. 16, 2024 | 0.4260 |
| Aug. 16, 2024 | 0.4280 |
| July 16, 2024 | 0.4320 |
| June 21, 2024 | 0.4250 |
| May 24, 2024 | 0.4330 |
| April 22, 2024 | 0.4380 |
| March 12, 2024 | 0.5240 |
| Feb. 19, 2024 | 0.5250 |
| Jan. 16, 2024 | 0.5170 |
| ▸2023 |
10.35 NOK
|
| Dec. 12, 2023 | 0.4384 |
| Nov. 14, 2023 | 0.4440 |
| Oct. 16, 2023 | 0.4384 |
| Sept. 18, 2023 | 0.5375 |
| Aug. 14, 2023 | 0.9360 |
| July 14, 2023 | 0.9000 |
| June 13, 2023 | 1.1870 |
| May 12, 2023 | 1.1745 |
| April 17, 2023 | 1.1414 |
| March 13, 2023 | 1.1000 |
| Feb. 13, 2023 | 1.0500 |
| Jan. 13, 2023 | 1.0000 |
| ▸2022 |
1.00 NOK
|
| Dec. 9, 2022 | 1.0000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| NorAm Drilling AS | Oct 23, 2026 | Paid | 0.426 NOK |
| NorAm Drilling AS | Sep 25, 2026 | Paid | 0.424 NOK |
| NorAm Drilling AS | Aug 26, 2026 | Paid | 0.424 NOK |
| NorAm Drilling AS | Jul 24, 2026 | Paid | 0.436 NOK |
| NorAm Drilling AS | Jun 26, 2026 | Paid | 0.381 NOK |
| NorAm Drilling AS | May 26, 2026 | Paid | 0.367 NOK |
| NorAm Drilling AS | Apr 22, 2026 | Paid | 0.332 NOK |
| NorAm Drilling AS | Mar 25, 2026 | Paid | 0.291 NOK |
| NorAm Drilling AS | Feb 25, 2026 | Paid | 0.285 NOK |
| NorAm Drilling AS | Jan 26, 2026 | Paid | 0.303 NOK |
| NorAm Drilling AS | Dec 23, 2025 | Paid | 0.304 NOK |
| NorAm Drilling AS | Nov 28, 2025 | Paid | 0.303 NOK |
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