NorAm Drilling AS
Oslo Stock Exchange NORAM.OL
NorAm Drilling AS Free Cash Flow for the year ending December 31, 2023: USD 41.54 M
NorAm Drilling AS Free Cash Flow is USD 41.54 M for the year ending December 31, 2023, a 227.41% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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NorAm Drilling AS Free Cash Flow for the year ending December 31, 2022 was USD 12.69 M, a 337.72% change year over year.
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NorAm Drilling AS Free Cash Flow for the year ending December 31, 2021 was USD -5.34 M, a -244.91% change year over year.
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NorAm Drilling AS Free Cash Flow for the year ending December 31, 2020 was USD 3.68 M, a -17.12% change year over year.
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NorAm Drilling AS Free Cash Flow for the year ending December 31, 2019 was USD 4.44 M.
Key data
| Date | Free Cash Flow | Operating Cash Flow | Net Cash Used For Investing Activities | Net Cash Used Provided By Financing Activities |
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Market news
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Oslo Stock Exchange: NORAM.OL
| CEO | Mr. Martin L. Jimmerson Jr. |
| IPO Date | Oct. 7, 2022 |
| Location | Norway |
| Headquarters | Bryggegata 3 |
| Employees | 284 |
| Sector | Energy |
| Industries | |
Description
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.
Key trends
Past 5 years
StockViz Staff
January 15, 2025
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