Declared Dividend • Jun 01
First quarter dividend of kr2.03 announced Shareholders will receive a dividend of kr2.03. Ex-date: 4th June 2026 Payment date: 12th June 2026 Dividend yield will be 17%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio) nor is it covered by cash flows (dividend approximately 24x free cash flows). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS is expected to decline by 18% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • May 31
Paratus Energy Services Ltd. Announces Cash Dividend for First Quarter 2026, Payable on June 12, 2026 Paratus Energy Services Ltd. announced that the Board of Directors has approved a cash dividend to shareholders in the amount of USD 0.22 (approximately NOK 2.03) per share. Ex-date: June 4, 2026. Record date: June 5, 2026. Payment date: June 12, 2026. Date of approval: May 28, 2026. Reported Earnings • May 31
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.13 (up from US$0.019 in 1Q 2025). Net income: US$19.4m (up US$16.2m from 1Q 2025). Revenue exceeded analyst estimates by 150%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Norway are expected to remain flat. Announcement • May 15
Mei Mei Chow Not Re-Elected as A Director of Paratus Energy Services Ltd Paratus Energy Services Ltd. at its AGM held on 12 May 2026 announced that Mei Mei Chow was not re-elected as a Director of the Company. Major Estimate Revision • Apr 23
Consensus revenue estimates decrease by 26%, EPS upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$105.0m to US$78.0m. EPS estimate increased from US$0.219 to US$0.369 per share. Net income forecast to grow 22% next year vs 16% growth forecast for Energy Services industry in Norway. Consensus price target up from kr52.84 to kr57.29. Share price rose 4.3% to kr49.60 over the past week. New Risk • Apr 22
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 111% Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 111% Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Reported Earnings • Mar 02
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: US$0.46 (up from US$0.20 in FY 2024). Revenue: US$153.2m (down 28% from FY 2024). Net income: US$74.8m (up 137% from FY 2024). Profit margin: 49% (up from 15% in FY 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 7.1%. Earnings per share (EPS) exceeded analyst estimates by 2.2%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Energy Services industry in Norway. Declared Dividend • Mar 02
Fourth quarter dividend of kr2.10 announced Shareholders will receive a dividend of kr2.10. Ex-date: 5th March 2026 Payment date: 13th March 2026 Dividend yield will be 18%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio). However, it is covered by cash flows (89% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 13% over the next 2 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Major Estimate Revision • Feb 27
Consensus revenue estimates fall by 14% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$155.4m to US$133.0m. EPS estimate fell from US$0.50 to US$0.42 per share. Net income forecast to grow 19% next year vs 19% growth forecast for Energy Services industry in Norway. Consensus price target up from kr52.04 to kr54.32. Share price fell 5.0% to kr49.00 over the past week. Announcement • Feb 27
Paratus Energy Services Ltd. Announces Cash Dividend for the Fourth Quarter of 2025, Payable on March 13, 2026 Paratus Energy Services Ltd. announced that the Board of Directors has approved a cash dividend of USD 0.22 per share to shareholders for the fourth quarter of 2025, payable on March 13, 2026. Last day including right: March 4, 2026, Ex-date: March 5, 2026, Record date: March 6, 2026. Announcement • Jan 02
Paratus Energy Services Ltd., Annual General Meeting, May 12, 2026 Paratus Energy Services Ltd., Annual General Meeting, May 12, 2026. Declared Dividend • Nov 27
Third quarter dividend of kr2.25 announced Shareholders will receive a dividend of kr2.25. Ex-date: 2nd December 2025 Payment date: 16th December 2025 Dividend yield will be 21%, which is higher than the industry average of 3.5%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio) nor is it covered by cash flows (386% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Nov 26
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.28 (up from US$0.087 loss in 3Q 2024). Revenue: US$46.2m (down 17% from 3Q 2024). Net income: US$46.0m (up US$60.8m from 3Q 2024). Profit margin: 100% (up from net loss in 3Q 2024). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 133%. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Energy Services industry in Norway. Announcement • Nov 26
Paratus Energy Services Ltd. Approves Third Quarter Cash Distribution, Payable on December 16, 2025 The board of directors of Paratus Energy Services Ltd. has approved the Third Quarter cash distribution to shareholders: Dividend amount: USD 0.22 (approximately NOK 2.25) per share. Last day including right: December 1, 2025; Ex-date: December 2, 2025 with Record date: December 3, 2025. Payment date: December 16, 2025. Date of approval: November 24, 2025. Declared Dividend • Aug 28
Second quarter dividend of kr2.23 announced Shareholders will receive a dividend of kr2.23. Ex-date: 2nd September 2025 Payment date: 16th September 2025 Dividend yield will be 22%, which is higher than the industry average of 3.5%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Reported Earnings • Aug 26
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: US$0.03 (down from US$0.22 in 2Q 2024). Revenue: US$35.2m (down 45% from 2Q 2024). Net income: US$5.60m (down 84% from 2Q 2024). Profit margin: 16% (down from 53% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Energy Services industry in Norway. Announcement • Aug 26
Paratus Energy Services Ltd. Approves Second Quarter Cash Distribution, Payable on September 16, 2025 The Board of Directors of Paratus Energy Services Ltd. has approved a second quarter cash distribution to shareholders as specified below. Dividend amount: USD 0.22 (approximately NOK 2.23) per share. Last day including right: September 1, 2025. Ex-date: September 2, 2025. Record date: September 3, 2025. Payment date: September 16, 2025. Date of approval: August 25, 2025. Major Estimate Revision • Aug 15
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$170.6m to US$175.5m. EPS estimate increased from US$0.344 to US$0.39 per share. Net income forecast to grow 165% next year vs 19% growth forecast for Energy Services industry in Norway. Consensus price target of kr53.73 unchanged from last update. Share price rose 2.4% to kr40.96 over the past week. Major Estimate Revision • Jun 04
Consensus EPS estimates fall by 49%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$167.2m to US$174.0m. EPS estimate fell from US$0.546 to US$0.28 per share. Net income forecast to grow 119% next year vs 13% growth forecast for Energy Services industry in Norway. Consensus price target down from kr58.73 to kr54.73. Share price fell 4.1% to kr34.30 over the past week. Announcement • May 28
Paratus Energy Services Ltd. Approves Cash Distribution, Payable on June 11, 2025 Paratus Energy Services Ltd. announced that the Board of Directors has approved a cash distribution to shareholders. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Return of capital: USD 0.22 (approximately NOK 2.23) per share. Ex-date: June 3, 2025. Record date: June 4, 2025. Payment date: June 11, 2025. Date of approval: May 27, 2025. Announcement • May 10
Paratus Energy Services Ltd. Elects Dag Skindlo as Director Paratus Energy Services Ltd. announced that the 2025 Annual General Meeting of the Shareholders of the Company was held on 9 May 2025 where elected Dag Skindlo as a Director of the Company. Reported Earnings • May 04
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$0.20 (up from US$0.15 loss in FY 2023). Revenue: US$213.9m (up 28% from FY 2023). Net income: US$31.6m (up US$54.6m from FY 2023). Profit margin: 15% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Energy Services industry in Norway. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to kr33.26, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 6x in the Energy Services industry in Norway. Major Estimate Revision • Mar 13
Consensus EPS estimates increase by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from US$0.478 to US$0.527. Revenue forecast unchanged at US$167.0m. Net income forecast to grow 190% next year vs 31% growth forecast for Energy Services industry in Norway. Consensus price target broadly unchanged at kr59.34. Share price fell 9.6% to kr35.76 over the past week. Reported Earnings • Mar 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$0.20 (up from US$0.15 loss in FY 2023). Revenue: US$213.9m (up 28% from FY 2023). Net income: US$31.6m (up US$54.6m from FY 2023). Profit margin: 15% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 6.4%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to stay flat during the next 3 years compared to a 2.5% growth forecast for the Energy Services industry in Norway. Major Estimate Revision • Feb 26
Consensus EPS estimates increase by 11% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from US$0.398 to US$0.441. Revenue forecast steady at US$228.5m. Net income forecast to grow 178% next year vs 63% growth forecast for Energy Services industry in Norway. Consensus price target down from kr70.01 to kr62.41. Share price rose 5.1% to kr45.20 over the past week. Major Estimate Revision • Feb 12
Consensus EPS estimates increase by 15%, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$236.4m to US$226.7m. EPS estimate rose from US$0.347 to US$0.398. Net income forecast to grow 201% next year vs 60% growth forecast for Energy Services industry in Norway. Consensus price target broadly unchanged at kr70.53. Share price fell 2.2% to kr43.46 over the past week. Announcement • Dec 28
Paratus Energy Services Ltd., Annual General Meeting, May 09, 2025 Paratus Energy Services Ltd., Annual General Meeting, May 09, 2025. Reported Earnings • Dec 01
Third quarter 2024 earnings released Third quarter 2024 results: US$0.087 loss per share. Net loss: US$14.8m (flat on 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Energy Services industry in Norway. Announcement • Nov 29
Paratus Energy Services Ltd. Announces Third Quarter Cash Distribution in the Form of Return of Capital, Payable on December 13, 2024 Paratus Energy Services Ltd. announced that the Board of Directors has approved a third quarter cash distribution to shareholders as specified. The distribution will be in the form of return of capital and will be made from the Company's Contributed Surplus account which consists of previously paid in share premium transferred from the Company's Share Premium account. Return of capital: USD 0.22 per share; Ex-date: December 3, 2024; Record date: December 4, 2024; Payment date: December 13, 2024. Major Estimate Revision • Nov 26
Consensus EPS estimates increase by 18% The consensus outlook for fiscal year 2024 has been updated. 2024 consensus EPS increased from US$0.49 to US$0.58. Revenues were reaffirmed at US$207.8m. Net income forecast to grow 99% next year vs 68% growth forecast for Energy Services industry in Norway. Consensus price target down from kr77.91 to kr74.54. Share price fell 4.5% to kr46.44 over the past week. Major Estimate Revision • Nov 17
Consensus revenue estimates fall by 27% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$284.5m to US$207.8m. EPS estimate fell from US$0.83 to US$0.49 per share. Net income forecast to grow 88% next year vs 81% growth forecast for Energy Services industry in Norway. Consensus price target broadly unchanged at kr77.86. Share price fell 7.5% to kr47.44 over the past week. Announcement • Nov 13
Paratus Energy Services Ltd. Appoints Mark Mey to Board of Directors Paratus Energy Services Ltd. announced the appointment of Mark Mey as the newest member of the Company's board of directors ("Board"),
effective November 13, 2024. Mr. Mey's career spans over 30 years in the offshore energy services sector, most recently serving as EVP and Chief Financial Officer of Transocean Ltd. Prior to his role at Transocean, Mr. Mey held various management roles at Noble Corporation, Scorpion Offshore Ltd, and Atwood Oceanics Inc. New Risk • Sep 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 13
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: US$0.22. Net income: US$34.1m (up US$34.1m from 2Q 2023). Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in Norway. Announcement • Sep 11
Paratus Energy Services Ltd. (OB:PLSV) announces an Equity Buyback for $100 million worth of its shares. Paratus Energy Services Ltd. (OB:PLSV) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. Announcement • Aug 30
Paratus Energy Services Ltd. to Report Q2, 2024 Results on Sep 10, 2024 Paratus Energy Services Ltd. announced that they will report Q2, 2024 results at 7:00 AM, Central European Standard Time on Sep 10, 2024 Board Change • Jun 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Joachim Bale was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 