Norwegian Top Stock Picks from Analysts

DOF Group

Market Cap: NOK 19.9b

Owns and operates a fleet of offshore and subsea vessels.

Cadeler

Market Cap: NOK 18.7b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

AutoStore Holdings

Market Cap: NOK 17.0b

Provides robotic and software technology in Norway, Germany, Europe, the United States, Asia, and internationally.

BWG

Market Cap: NOK 16.4b

An investment holding company, engages in ship owning and chartering activities worldwide.

Wilh. Wilhelmsen Holding

Market Cap: NOK 15.8b

Provides maritime products and services worldwide.

TGS

Market Cap: NOK 15.0b

Provides geoscience data services to the oil and gas industry in Norway and internationally.

Odfjell Drilling

Market Cap: NOK 12.9b

Owns and operates mobile offshore drilling units primarily in Norway and Namibia.

Stolt-Nielsen

Market Cap: NOK 12.4b

Provides transportation, storage, and distribution solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids worldwide.

Odfjell

Market Cap: NOK 7.5b

Provides services for the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products in North America, South America, Norway, the Netherlands, rest of Europe, the Middle East, Asia, Africa, and Australasia.

Constellation Oil Services Holding

Market Cap: NOK 6.8b

Provides oil and gas contract drilling, and floating production storage and offloading unit (FPSO) services for exploration and production companies in Brazil.

Paratus Energy Services

Market Cap: NOK 6.4b

Through its subsidiaries, owns and manages jack-up drilling rigs under contracts in Mexico.

Hexagon Composites

Market Cap: NOK 4.1b

Engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels in Europe, North America, South-East Asia, Africa, Oceania, and Norway.

Klaveness Combination Carriers

Market Cap: NOK 3.6b

Owns and operates combination carriers for the dry bulk shipping and product tanker industries in the Middle East, Australia, Oceania, North East Asia, South America, North America, Europe, Africa, Southeast Asia, and South Asia.

Solstad Offshore

Market Cap: NOK 3.1b

Owns and operates offshore service vessels.

Akastor

Market Cap: NOK 3.1b

Operates as an oilfield services investment company in Norway and internationally.

Sea1 Offshore

Market Cap: NOK 2.8b

Owns and operates offshore support vessels for the offshore energy service industry.

Shelf Drilling (North Sea)

Market Cap: NOK 2.9b

Operates as a shallow water offshore drilling contractor in Denmark, Qatar, the United Kingdom, and Norway.

Salmon Evolution

Market Cap: NOK 2.8b

Operates as a land-based salmon farming company in Norway and internationally.

Andfjord Salmon Group

Market Cap: NOK 2.8b

Engages in the development of land-based farming of Atlantic salmon in Norway.

Panoro Energy

Market Cap: NOK 2.6b

An independent exploration and production company, engages in the exploration, development, and production of oil and gas properties in Africa.

Gentoo Media

Market Cap: NOK 2.5b

An iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally.

Aker Carbon Capture

Market Cap: NOK 2.2b

Provides products, technology, and solutions within the field of carbon capture technologies, utilization, and storage in Norway and internationally.

Moreld

Market Cap: NOK 2.1b

Provides integrated solutions for the energy, marine, and industrial sectors in Norway and internationally.

Edda Wind

Market Cap: NOK 2.1b

Develops, builds, owns, operates, and charters out purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) for offshore wind farms and maritime operations worldwide.

Archer

Market Cap: NOK 1.9b

Provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally.

Napatech

Market Cap: NOK 1.9b

Provides programmable smart network interface cards and infrastructure processing units for cloud, enterprise, and telecom datacenter networks in the Americas and internationally.

Ventura Offshore Holding

Market Cap: NOK 1.9b

A deepwater drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

OKEA

Market Cap: NOK 1.7b

An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

Odfjell Technology

Market Cap: NOK 1.7b

A technology and engineering company, provides well, drilling operations, and engineering services in Norway, the United Kingdom, Malaysia, Europe, Asia, and internationally.

Norsk Titanium

Market Cap: NOK 1.6b

Engages in 3D printing of metal alloys for commercial aerospace, defense, and industrial sectors in Europe and the United States.

Northern Ocean

Market Cap: NOK 1.6b

A drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide.

Shelf Drilling

Market Cap: NOK 1.4b

Operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea.

Magnora

Market Cap: NOK 1.4b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Pyrum Innovations

Market Cap: NOK 1.1b

Engages in the development, construction, and operation of recycling plants for used tires worldwide.

Elliptic Laboratories

Market Cap: NOK 981.2m

An artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries in Norway, the United States, China, South Korea, Taiwan, and Japan.

Havila Kystruten

Market Cap: NOK 890.2m

Operates as a shipping company in Norway.