NorAm Drilling AS
Oslo Stock Exchange NORAM.OL
NorAm Drilling AS Net Income Margin for the year ending December 31, 2023: 16.25%
NorAm Drilling AS Net Income Margin is 16.25% for the year ending December 31, 2023, a 420.88% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
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NorAm Drilling AS Net Income Margin for the year ending December 31, 2022 was 3.12%, a 108.35% change year over year.
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NorAm Drilling AS Net Income Margin for the year ending December 31, 2021 was -37.38%, a -50.47% change year over year.
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NorAm Drilling AS Net Income Margin for the year ending December 31, 2020 was -24.84%, a -773.51% change year over year.
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NorAm Drilling AS Net Income Margin for the year ending December 31, 2019 was -2.84%.
Key data
| Date | Net Income Margin | EBITDA Margin | EBIT Margin | EBITDA |
|---|
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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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