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NorAm Drilling AS NorAm Drilling AS

NorAm Drilling AS

NORAM
Rank in Stocks #18104
NorAm Drilling AS specializes in the procurement, ownership, and operation of... NorAm Drilling AS specializes in the procurement, ownership, and operation of advanced, AC-powered drilling rigs. These sophisticated units are custom-built for horizontal well development across the United States. The company maintains a fleet of eleven such rigs, which are primarily deployed within the Permian Basin. Established in 2007, NorAm Drilling AS is headquartered in Oslo, Norway, and operates as a subsidiary of Geveran Trading Ltd.
Share Price
$4.91
Last synced: 2026-09-02
Market Cap
$212.49M
Change (1 day)
-1.16%
Change (1 year)
82.38%
Country
NO
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Operating Margin for NorAm Drilling AS (NORAM)
Operating Margin as of 2026 TTM: 0.00%
According to NorAm Drilling AS latest financial reports and stock price the company's current Operating Margin (TTM) is 0.00%. At the end of 2026 the company had an Operating Margin of 0.00%.
Operating Margin history for NorAm Drilling AS from 2026 to 2026
Operating Margin at the end of each year
Year Operating Margin Change
Not enough data for the provided dates.
Operating Margin for similar companies or competitors
Company Operating Margin Operating Margin Difference Country
12.05% -
BM
15.18% -
US
26.91% -
SA
-1.14% -
US
6.07% -
US
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.