NorAm Drilling AS (OSL:NORAM) Other Operating Expense: kr452 Mil (TTM 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 Other Operating Expense?

NorAm Drilling AS OSL:NORAM +2.99% 90 Other Operating Expense is kr452 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 Other Operating Expense for the three months ended in Mar. 2026 was kr114 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr452 Mil.

NorAm Drilling AS's quarterly Other Operating Expense increased from Sep. 2025 (kr104 Mil) to Dec. 2025 (kr128 Mil) but then declined from Dec. 2025 (kr128 Mil) to Mar. 2026 (kr114 Mil).

NorAm Drilling AS's annual Other Operating Expense increased from Dec. 2023 (kr447 Mil) to Dec. 2024 (kr473 Mil) but then declined from Dec. 2024 (kr473 Mil) to Dec. 2025 (kr447 Mil).

NorAm Drilling AS Other Operating Expense Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Other Operating Expense 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 Other Operating Expense Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial 215.83 373.02 446.50 473.09 447.07

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
Other Operating Expense 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 112.99 105.93 103.51 128.41 114.18
OSL:NORAM
90GF Score
NorAm Drilling AS OSL:NORAM
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr452 Mil.

* 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.

What does a Other Operating Expense of kr452 Mil mean?
NorAm Drilling AS (OSL:NORAM) has a Other Operating Expense of kr452 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Other Operating Expense too high?
NorAm Drilling AS's current Other Operating Expense is kr452 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 Other Operating Expense compare to SLB and BKR?
NorAm Drilling AS's Other Operating Expense of kr452 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 Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Other Operating Expense is kr452 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 Other Operating Expense is kr452 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Other Operating Expense is kr452 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:

  • Other Operating Expense: kr452 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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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr39.65
Price
kr33.72
GF Value