NorAm Drilling AS (OSL:NORAM) Total Payout Ratio : 2.46 (As of Jun. 10, 2024)

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What is NorAm Drilling AS Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

NorAm Drilling AS's current Total Payout Ratio is 2.46.

NorAm Drilling AS Total Payout Ratio Historical Data

The historical data trend for NorAm Drilling AS's Total Payout Ratio 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.

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NorAm Drilling AS Total Payout Ratio Chart

NorAm Drilling AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

-22.46

1.88

NorAm Drilling AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Ratio	Get a 7-Day Free Trial								1.32	1.50	4.81	4.78	3.54

Competitive Comparison of NorAm Drilling AS's Total Payout Ratio

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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's Total Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's Total Payout Ratio falls into.

NorAm Drilling AS Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

NorAm Drilling AS's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-448.318)	/	238.765
	=	1.88

NorAm Drilling AS's Total Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	-67.981)	/	19.229
	=	3.54

NorAm Drilling AS Total Payout Ratio Related Terms

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NorAm Drilling AS (OSL:NORAM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

TM9:Germany

Address

Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112

Website

https://www.noramdrilling.com

NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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