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NorAm Drilling ASOSL:NORAM -0.53%86 3-Year Dividend Growth Rate is 28.30% as of Jun. 2026, which is at its 10-year median of 28.30. GuruFocus rates OSL:NORAM with a GF Score™ of 86/100 and a GF Value™ of kr33.98 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 332 Oil & Gas companies, NorAm Drilling AS ranks better than 78.61% on this metric.
The historical rank and industry rank for NorAm Drilling AS's 3-Year Dividend Growth Rate or its related term are showing as below:
OSL:NORAM'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 28.3 Med: 28.3 Max: 28.3
Current: 28.3
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of NorAm Drilling AS was 28.30% per year. The lowest was 28.30% per year. And the median was 28.30% per year.
OSL:NORAM's 3-Year Dividend Growth Rate is ranked better than 78.61% of 332
companies
in the Oil & Gas industry
Industry Median: 10.1
vs OSL:NORAM: 28.30
During the past 12 months, NorAm Drilling AS's average Dividends Per Share Growth Rate was -22.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 28.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NorAm Drilling AS is 1.34, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 7 years, the highest Dividend Payout Ratio of NorAm Drilling AS was 9.87. The lowest was 1.26. And the median was 2.07.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NorAm Drilling AS is 1.34, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
NorAm Drilling AS Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NOK 0.424000
2026-08-18
2026-08-19
2026-08-26
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.436000
2026-07-15
2026-07-16
2026-07-24
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.381000
2026-06-16
2026-06-17
2026-06-26
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.367000
2026-05-15
2026-05-18
2026-05-26
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.332000
2026-04-14
2026-04-15
2026-04-22
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.291000
2026-03-17
2026-03-18
2026-03-25
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.285000
2026-02-17
2026-02-18
2026-02-25
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.303000
2026-01-16
2026-01-19
2026-01-26
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.304000
2025-12-16
2025-12-17
2025-12-23
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.303000
2025-11-18
2025-11-19
2025-11-28
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.303000
2025-10-16
2025-10-17
2025-10-24
Cash Dividend
monthly
NOK:NOK 1.000000
NOK 0.295000
2025-09-16
2025-09-17
2025-09-24
Cash Dividend
monthly
NOK:NOK 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
NorAm Drilling AS's Dividend Yield (%) for Today is calculated as
Current Share Price is kr47.10.
NorAm Drilling AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr4.024.
During the past 7 years, the highest Dividend Yield of NorAm Drilling AS was 26.40%. The lowest was 3.05%. And the median was 15.91%.
* 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 3-Year Dividend Growth Rate Related Terms>
OSL:NORAM vs SLB, BKR, HAL: 3-Year Dividend Growth Rate Comparison
For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NorAm Drilling AS 3-Year Dividend Growth Rate vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS's 3-Year Dividend Growth Rate falls into.
NorAm Drilling AS 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 28.30% mean?
NorAm Drilling AS (OSL:NORAM) has a 3-Year Dividend Growth Rate of 28.30% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on NorAm Drilling AS and its competitors. This is near median its historical median of 28.30. Over the past decade, NorAm Drilling AS's 3-Year Dividend Growth Rate has ranged from 28.30 to 28.30. According to the industry distribution chart, NorAm Drilling AS ranks #71 out of 332 companies in the Oil & Gas industry, placing it in the top 21.4%.
Is NorAm Drilling AS's 3-Year Dividend Growth Rate too high?
NorAm Drilling AS's current 3-Year Dividend Growth Rate of 28.30% is near median its 10-year median of 28.30. Over the past 10 years, this metric has ranged from a low of 28.30 to a high of 28.30. The Oil & Gas industry median 3-Year Dividend Growth Rate is 10.10. NorAm Drilling AS's value of 28.30% is 180.2% above this industry median. Based on the distribution chart, NorAm Drilling AS ranks #71 out of 332 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NorAm Drilling AS has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's 3-Year Dividend Growth Rate compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #71 out of 332 companies for 3-Year Dividend Growth Rate. This places NorAm Drilling AS in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year Dividend Growth Rate is 10.10. NorAm Drilling AS's value of 28.30% is 180.2% above this benchmark. Historically, NorAm Drilling AS's own 3-Year Dividend Growth Rate has ranged from 28.30 to 28.30 over the past decade. While the company's 10-year median is 28.30 vs. the industry median of 10.10, NorAm Drilling AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Oil & Gas company?
The median 3-Year Dividend Growth Rate among Oil & Gas companies is 10.10, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NorAm Drilling AS's current 3-Year Dividend Growth Rate of 28.30% is 180.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median 3-Year Dividend Growth Rate is 10.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current 3-Year Dividend Growth Rate is 28.30%, which is near median its own 10-year median of 28.30. 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 Significantly Overvalued. The stock's GF Value™ is kr33.98, compared to a current price of kr47.10 — trading 38.6% above its estimated fair value. The current 3-Year Dividend Growth Rate is 28.30%, which is near median its 10-year median of 28.30 and 180.2% above the Oil & Gas industry median of 10.10. NorAm Drilling AS's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current 3-Year Dividend Growth Rate is 28.30% as of Jun. 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 kr47.10 is trading 38.6% above its estimated GF Value™ of kr33.98.
GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.
Key valuation signals for OSL:NORAM:
3-Year Dividend Growth Rate: 28.30% (near median its 10-year median of 28.30)
GF Value™: kr33.98 vs. price of kr47.10 (38.6% above fair value)
Industry Position: 180.2% above the Oil & Gas median (#71 of 332)
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 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.
86GF Score
Get the complete analysis for OSL:NORAM
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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