Risk factor
Poor trading liquidity
Profitability factor
Solid dividends
About
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.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, reasonably priced
Target Price
The average target price of NORAM.OL is 49 and suggests 2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell