Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
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...
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA,
Target Price
The average target price of NORAM.OL is 36 and suggests 18% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell