NorAm Drilling AS (OSL:NORAM) Ending Cash Position: kr70 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:NORAM NorAm Drilling AS OSL:NORAM
89 GF Score
Price kr42.00
GF Value kr33.62
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is NorAm Drilling AS Ending Cash Position?

NorAm Drilling AS OSL:NORAM +0.60% 89 Ending Cash Position is kr70 Mil as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 89/100 and a GF Value™ of kr33.62 (Modestly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's Ending Cash Position for the quarter that ended in Mar. 2026 was kr70 Mil.

NorAm Drilling AS's quarterly Ending Cash Position increased from Sep. 2025 (kr93 Mil) to Dec. 2025 (kr105 Mil) but then declined from Dec. 2025 (kr105 Mil) to Mar. 2026 (kr70 Mil).

NorAm Drilling AS's annual Ending Cash Position declined from Dec. 2023 (kr128 Mil) to Dec. 2024 (kr94 Mil) but then increased from Dec. 2024 (kr94 Mil) to Dec. 2025 (kr105 Mil).


NorAm Drilling AS Ending Cash Position Related Terms


NorAm Drilling AS Ending Cash Position Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Ending 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 Ending Cash Position Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial 114.80 129.41 128.06 93.86 104.96

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
Ending 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 128.82 75.82 93.06 104.96 70.33
OSL:NORAM
89GF Score
NorAm Drilling AS OSL:NORAM
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NorAm Drilling AS Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

NorAm Drilling AS's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=84.534+20.426
=105

NorAm Drilling AS's Ending Cash Position for the quarter that ended in Mar. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=100.305+-29.971
=70

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of kr70 Mil mean?
NorAm Drilling AS (OSL:NORAM) has a Ending Cash Position of kr70 Mil as of Mar. 2026. Ending Cash Position is the cash and cash equivalents balance at the end 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 Ending Cash Position too high?
NorAm Drilling AS's current Ending Cash Position is kr70 Mil. Overall, NorAm Drilling AS has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Ending Cash Position compare to SLB and BKR?
NorAm Drilling AS's Ending Cash Position of kr70 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 Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending 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 Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end 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 Ending Cash Position is kr70 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 kr33.62, compared to a current price of kr42.00 — trading 24.9% above its estimated fair value. The current Ending Cash Position is kr70 Mil. NorAm Drilling AS's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Ending Cash Position is kr70 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 kr42.00 is trading 24.9% above its estimated GF Value™ of kr33.62. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

  • Ending Cash Position: kr70 Mil
  • GF Value™: kr33.62 vs. price of kr42.00 (24.9% above fair value)
  • GF Score™: 89/100 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.
89GF Score

Get the complete analysis for OSL:NORAM

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

kr42.00
Price
kr33.62
GF Value