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Norwegian (OSEAX) Energy Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies54
  • 7D-1.1%
  • 3M17.2%
  • 1Y45.9%
  • YTD39.0%

Over the last 7 days, the Energy industry has dropped 1.1%, driven by a decline by Aker BP of 3.3%. This takes the industry's 12 month performance to a gain of 46%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021kr990.9bkr840.5bkr39.7b7.8x
Mon, 01 Nov 2021kr959.7bkr775.2bkr32.9b6.3x
Wed, 29 Sep 2021kr922.5bkr686.3bkr3.2b6x
Fri, 27 Aug 2021kr831.2bkr684.5bkr2.9b5.4x
Sat, 03 Jul 2021kr834.9bkr684.5bkr2.9b5.8x
Tue, 06 Apr 2021kr775.4bkr581.5b-kr25,971,313,964.805.2x
Fri, 08 Jan 2021kr687.7bkr572.8b-kr64,365,903,237.014.3x
Thu, 01 Oct 2020kr578.9bkr650.6b-kr53,472,690,641.206.8x
Sun, 05 Jul 2020kr610.5bkr722.3b-kr43,646,924,198.057.8x
Wed, 08 Apr 2020kr563.1bkr879.1b-kr19,136,668,438.033.8x
Tue, 31 Dec 2019kr877.5bkr769.5bkr12.6b17.6x
Fri, 04 Oct 2019kr834.7bkr838.1bkr47.9b12.6x
Mon, 08 Jul 2019kr826.3bkr821.3bkr70.8b23x
Sun, 31 Mar 2019kr925.8bkr832.3bkr71.1b12.1x
Wed, 02 Jan 2019kr845.6bkr864.1bkr69.0b8.9x
PE Ratio

8.9x

Total Market Cap: kr845.6bTotal Earnings: kr69.0bTotal Revenue: kr864.1b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.4x. However, future earnings are expected to decline by 3.5% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Energy industry have declined 8.0% per year over the last three years, while revenues for these companies have grown 2.9% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

Oil and Gas-0.75%
Energy Services-5.89%

Industry PE: Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 10.7x. However analysts are expecting annual earnings decline of 6.4%, which is lower than the prior year's growth of 17% per year. So the market might believe that analysts are underestimating future growth or they expect the Oil and Gas industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Energy Services industry, which is trading below its 3-year average of 8.7x.

Forecasted Growth: Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 36% over the next 5 years. However this is lower than its past earnings growth rate of 144% per year. Meanwhile, the Oil and Gas industry is expected to see its earnings decline by 6.4% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
EQNR Equinor5.0%+kr35.8b55.8%PE29.5x
AKRBP Aker BP5.0%+kr5.1b40.6%PE18.9x
DNO DNO4.2%+kr429.2m66.9%PE14.7x
AKSO Aker Solutions3.2%+kr363.7m60.8%PS0.4x
ALNG Awilco LNG31.7%+kr186.9m460.8%PE5.1x
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Latest News

BWO

kr25.66

BW Offshore

7D

-2.8%

1Y

-27.5%

FLNG

kr191.90

FLEX LNG

7D

-8.3%

1Y

184.1%

OKEA

kr23.60

OKEA

7D

6.3%

1Y

155.4%

BWLPG

kr42.00

BWG

7D

-10.8%

1Y

-26.3%

TGS

kr84.96

TGS

7D

0.9%

1Y

-35.5%

DNO

kr10.85

DNO

7D

4.2%

1Y

66.9%