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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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Operating Margin
Noram Drilling AS

12.7%
Current
-3%
Average
12.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
12.7%
=
Operating Profit
14.1m
/
Revenue
110.6m

Operating Margin Across Competitors

Country NO
Market Cap 1.5B NOK
Operating Margin
13%
Country US
Market Cap 62.3B USD
Operating Margin
17%
Country US
Market Cap 43.8B USD
Operating Margin
12%
Country US
Market Cap 28.2B USD
Operating Margin
18%
Country LU
Market Cap 19.9B EUR
Operating Margin
21%
Country UK
Market Cap 13.2B USD
Operating Margin
10%
Country US
Market Cap 6.5B USD
Operating Margin
9%
Country US
Market Cap 6.2B USD
Operating Margin
17%
Country US
Market Cap 6B USD
Operating Margin
13%
Country CN
Market Cap 41.8B CNY
Operating Margin
8%
Country US
Market Cap 5.5B USD
Operating Margin
26%
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

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
12.7%
=
Operating Profit
14.1m
/
Revenue
110.6m
What is the Operating Margin of Noram Drilling AS?

Based on Noram Drilling AS's most recent financial statements, the company has Operating Margin of 12.7%.