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Noram Drilling AS
OSE:NORAM

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Noram Drilling AS
OSE:NORAM
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Price: 34.8 NOK -1.14% Market Closed
Market Cap: 1.5B NOK
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Net Margin
Noram Drilling AS

10.4%
Current
-9%
Average
7.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.4%
=
Net Income
11.5m
/
Revenue
110.6m

Net Margin Across Competitors

Country NO
Market Cap 1.5B NOK
Net Margin
10%
Country US
Market Cap 62.3B USD
Net Margin
12%
Country US
Market Cap 43.8B USD
Net Margin
8%
Country US
Market Cap 28.2B USD
Net Margin
11%
Country LU
Market Cap 19.9B EUR
Net Margin
20%
Country UK
Market Cap 13.2B USD
Net Margin
8%
Country US
Market Cap 6.5B USD
Net Margin
12%
Country US
Market Cap 6.2B USD
Net Margin
10%
Country US
Market Cap 6B USD
Net Margin
9%
Country CN
Market Cap 41.8B CNY
Net Margin
7%
Country US
Market Cap 5.5B USD
Net Margin
17%
No Stocks Found

Noram Drilling AS
Glance View

Market Cap
1.5B NOK
Industry
Energy

NorAm Drilling AS engages in the ownership and operation of land-based oil and gas drilling rigs. The company is headquartered in Oslo, Oslo. The company went IPO on 2007-05-15. The firm owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the biggest oil producing region in North America. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. NorAm focuses solely on the US land drilling market and has established a solid foothold in the lower US, with operating experience in Louisiana, New Mexico, Oklahoma and Texas. All eleven rigs are operating in Texas in the Permian Basin.

NORAM Intrinsic Value
42.09 NOK
Undervaluation 17%
Intrinsic Value
Price
N

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
10.4%
=
Net Income
11.5m
/
Revenue
110.6m
What is the Net Margin of Noram Drilling AS?

Based on Noram Drilling AS's most recent financial statements, the company has Net Margin of 10.4%.