NorAm Drilling AS (OSL:NORAM) Beginning Cash Position: kr100 Mil (As of Mar. 2026)


OSL:NORAM NorAm Drilling AS OSL:NORAM
90 GF Score
Price kr39.65
GF Value kr33.72
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Beginning Cash Position?

NorAm Drilling AS OSL:NORAM +2.99% 90 Beginning Cash Position is kr100 Mil as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 90/100 and a GF Value™ of kr33.72 (Modestly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's Beginning Cash Position for the quarter that ended in Mar. 2026 was kr100 Mil.

NorAm Drilling AS's quarterly Beginning Cash Position increased from Sep. 2025 (kr75 Mil) to Dec. 2025 (kr95 Mil) and increased from Dec. 2025 (kr95 Mil) to Mar. 2026 (kr100 Mil).

NorAm Drilling AS's annual Beginning Cash Position declined from Dec. 2023 (kr138 Mil) to Dec. 2024 (kr136 Mil) and declined from Dec. 2024 (kr136 Mil) to Dec. 2025 (kr85 Mil).

NorAm Drilling AS Beginning Cash Position Related Terms

NorAm Drilling AS Beginning Cash Position Historical Data

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The historical data trend for NorAm Drilling AS's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NorAm Drilling AS Beginning Cash Position Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 146.72 126.29 138.17 136.22 84.53

NorAm Drilling AS Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.31 121.28 75.00 94.58 100.31
OSL:NORAM
90GF Score
NorAm Drilling AS OSL:NORAM
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of kr100 Mil mean?
NorAm Drilling AS (OSL:NORAM) has a Beginning Cash Position of kr100 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Beginning Cash Position too high?
NorAm Drilling AS's current Beginning Cash Position is kr100 Mil. Overall, NorAm Drilling AS has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Beginning Cash Position compare to SLB and BKR?
NorAm Drilling AS's Beginning Cash Position of kr100 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Beginning Cash Position is kr100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.72, compared to a current price of kr39.65 — trading 17.6% above its estimated fair value. The current Beginning Cash Position is kr100 Mil. NorAm Drilling AS's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Beginning Cash Position is kr100 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?

Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued. The current stock price of kr39.65 is trading 17.6% above its estimated GF Value™ of kr33.72. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

  • Beginning Cash Position: kr100 Mil
  • GF Value™: kr33.72 vs. price of kr39.65 (17.6% above fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NorAm Drilling AS Business Description

Industry EnergyOil & Gas
Other Exchanges TM9:Germany
Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
90GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr39.65
Price
kr33.72
GF Value