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Norwegian (OSEAX) Energy Sector Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies52
  • 7D-0.3%
  • 3M-4.1%
  • 1Y-2.1%
  • YTD-5.2%

Over the last 7 days, the Energy industry has dropped 8.6%, driven by Avance Gas Holding declining 78%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 1.6% annually.

Sector Valuation and Performance

Has the Norwegian Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025NOK 1.2tNOK 1.7tNOK 162.8b5.9x7.5x0.7x
Sun, 19 Jan 2025NOK 1.3tNOK 1.8tNOK 171.5b6.4x7.8x0.7x
Tue, 17 Dec 2024NOK 1.2tNOK 1.7tNOK 167.4b6x7.2x0.7x
Thu, 14 Nov 2024NOK 1.2tNOK 1.7tNOK 161.1b6.8x7.4x0.7x
Sat, 12 Oct 2024NOK 1.3tNOK 1.6tNOK 160.9b6.3x8.1x0.8x
Mon, 09 Sep 2024NOK 1.3tNOK 1.7tNOK 160.7b5.9x7.9x0.8x
Wed, 07 Aug 2024NOK 1.3tNOK 1.7tNOK 160.6b6.1x8.2x0.8x
Fri, 05 Jul 2024NOK 1.5tNOK 1.6tNOK 156.0b7.5x9.3x0.9x
Sun, 02 Jun 2024NOK 1.5tNOK 1.6tNOK 154.3b9.2x9.8x0.9x
Tue, 30 Apr 2024NOK 1.5tNOK 1.7tNOK 161.2b8.4x9.2x0.9x
Thu, 28 Mar 2024NOK 1.4tNOK 1.7tNOK 182.2b7.6x7.9x0.8x
Sat, 24 Feb 2024NOK 1.3tNOK 1.6tNOK 175.8b7.7x7.6x0.8x
Mon, 22 Jan 2024NOK 1.5tNOK 1.8tNOK 238.3b7x6.2x0.8x
Wed, 20 Dec 2023NOK 1.6tNOK 1.7tNOK 233.5b6.6x6.7x0.9x
Fri, 17 Nov 2023NOK 1.7tNOK 1.8tNOK 244.7b6.8x7x1x
Sun, 15 Oct 2023NOK 1.8tNOK 2.0tNOK 319.2b7.5x5.5x0.9x
Tue, 12 Sep 2023NOK 1.7tNOK 2.0tNOK 311.0b7.4x5.3x0.8x
Thu, 10 Aug 2023NOK 1.6tNOK 1.9tNOK 290.4b8.8x5.4x0.8x
Sat, 08 Jul 2023NOK 1.5tNOK 2.1tNOK 351.8b8x4.2x0.7x
Mon, 05 Jun 2023NOK 1.5tNOK 2.1tNOK 367.0b8.4x4x0.7x
Wed, 03 May 2023NOK 1.4tNOK 2.1tNOK 393.5b8.5x3.7x0.7x
Fri, 31 Mar 2023NOK 1.5tNOK 2.1tNOK 385.8b8x3.8x0.7x
Sun, 26 Feb 2023NOK 1.6tNOK 2.0tNOK 392.5b8x4x0.8x
Tue, 24 Jan 2023NOK 1.5tNOK 1.9tNOK 321.9b8.4x4.8x0.8x
Thu, 22 Dec 2022NOK 1.7tNOK 1.9tNOK 323.3b7.8x5.2x0.9x
Sat, 19 Nov 2022NOK 1.7tNOK 2.0tNOK 328.6b7.8x5x0.8x
Mon, 17 Oct 2022NOK 1.7tNOK 1.8tNOK 241.2b8x7x0.9x
Wed, 14 Sep 2022NOK 1.7tNOK 1.7tNOK 222.5b8.8x7.7x1x
Fri, 12 Aug 2022NOK 1.7tNOK 1.6tNOK 210.8b9.3x8.1x1.1x
Sun, 10 Jul 2022NOK 1.6tNOK 1.5tNOK 175.1b9.2x9.1x1.1x
Tue, 07 Jun 2022NOK 1.6tNOK 1.4tNOK 164.2b10.4x9.9x1.2x
Thu, 05 May 2022NOK 1.5tNOK 1.2tNOK 97.1b9.4x15.9x1.3x
Sat, 02 Apr 2022NOK 1.5tNOK 1.1tNOK 88.4b10.3x16.5x1.4x
Mon, 28 Feb 2022NOK 1.2tNOK 1.1tNOK 88.6b7.9x13.6x1.1x
Price to Earnings Ratio

13.6x


Total Market Cap: NOK 1.2tTotal Earnings: NOK 88.6bTotal Revenue: NOK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Energy Sector Price to Earnings3Y Average 7.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 7.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 18% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Norwegian Energy sector?

NO Market0.52%
Energy-0.29%
Energy Services1.15%
Oil and Gas-0.52%
Industry PE
  • Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings growth of 7.8% per year.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading close to its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 7.8% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DNO DNONOK 12.539.4%
+NOK 1.1b		40.2%PS1.6x
EQNR EquinorNOK 258.150.2%
+NOK 531.9m		-2.7%PE7.2x
SEA1 Sea1 OffshoreNOK 23.2515.7%
+NOK 483.7m		-20.8%PE1.9x
AKSO Aker SolutionsNOK 32.922.9%
+NOK 452.4m		-5.9%PE6x
PLSV Paratus Energy ServicesNOK 45.265.7%
+NOK 417.1m		n/aPE23.3x
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