Added to YB: 2025-11-18
Pitch date: 2025-11-16
NORAM.OL [bullish]
NorAm Drilling AS
+6.23%
current return
Author Info
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Company Info
NorAm Drilling AS, together with its subsidiary, owns and operates AC driven rigs for the drilling of horizontal wells in the United States.
Market Cap
NOK 129.7M
Pitch Price
NOK 30.59
Price Target
N/A
Dividend
15.62%
EV/EBITDA
5.00
P/E
14.36
EV/Sales
1.18
Sector
Energy Equipment and Services
Category
dividend
NorAm Drilling: Monthly Dividends with Room to Grow
NORAM.OL: Norwegian driller w/ 12-13% monthly dividend yield (NOK 0.30/month). Reactivating stacked rig in Dec lifts utilisation to 90%+ (10/11 rigs active). Expect NOK 0.40+ monthly (~16% yield) from early 2026. Risks: micro-cap, Permian exposure, customer concentration.
Read full article (3 min)