NorAm Drilling AS
Oslo Stock Exchange NORAM.OL
NorAm Drilling AS Price to Earnings Ratio (P/E) on January 14, 2025: 7.08
NorAm Drilling AS Price to Earnings Ratio (P/E) is 7.08 on January 14, 2025, a -19.92% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.
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NorAm Drilling AS 52-week high Price to Earnings Ratio (P/E) is 8.84 on January 15, 2024, which is 24.87% above the current Price to Earnings Ratio (P/E).
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NorAm Drilling AS 52-week low Price to Earnings Ratio (P/E) is 6.01 on December 20, 2024, which is -15.02% below the current Price to Earnings Ratio (P/E).
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NorAm Drilling AS average Price to Earnings Ratio (P/E) for the last 52 weeks is 7.76.
Key data
| Date | Price to Earnings Ratio (P/E) | Price to Sales Ratio (P/S) | Price to Book Ratio (P/B) | Dividend Yield |
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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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