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Norwegian (OSEAX) Energy Sector Analysis

UpdatedApr 15, 2025
DataAggregated Company Financials
Companies55
  • 7D-0.4%
  • 3M-17.8%
  • 1Y-21.8%
  • YTD-13.7%

Over the last 7 days, the Energy industry has dropped 2.1%, driven by Equinor declining 1.0%. In contrast, BWG has gained 8.5%. The industry has fallen 23% in the last year. In the next few years earnings are forecast to be pretty stable.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025NOK 1.1tNOK 1.6tNOK 151.6b5.6x7.4x0.7x
Thu, 13 Mar 2025NOK 1.2tNOK 1.6tNOK 152.7b6.1x7.7x0.7x
Sat, 08 Feb 2025NOK 1.2tNOK 1.7tNOK 162.9b6.4x7.7x0.7x
Mon, 06 Jan 2025NOK 1.3tNOK 1.8tNOK 170.1b5.9x7.7x0.7x
Wed, 04 Dec 2024NOK 1.3tNOK 1.7tNOK 165.9b6.4x7.7x0.7x
Fri, 01 Nov 2024NOK 1.3tNOK 1.7tNOK 159.4b6.2x7.9x0.7x
Sun, 29 Sep 2024NOK 1.2tNOK 1.6tNOK 158.0b6.4x7.8x0.8x
Tue, 27 Aug 2024NOK 1.4tNOK 1.6tNOK 157.5b7x8.7x0.8x
Thu, 25 Jul 2024NOK 1.4tNOK 1.7tNOK 161.5b6.9x8.6x0.8x
Sat, 22 Jun 2024NOK 1.5tNOK 1.6tNOK 156.6b8.4x9.3x0.9x
Mon, 20 May 2024NOK 1.5tNOK 1.6tNOK 157.1b8.7x9.4x0.9x
Wed, 17 Apr 2024NOK 1.5tNOK 1.7tNOK 181.9b8.2x8.2x0.9x
Fri, 15 Mar 2024NOK 1.4tNOK 1.7tNOK 178.7b7.3x7.8x0.8x
Sun, 11 Feb 2024NOK 1.4tNOK 1.7tNOK 178.8b6.7x7.7x0.8x
Tue, 09 Jan 2024NOK 1.6tNOK 1.7tNOK 235.4b7x6.6x0.9x
Thu, 07 Dec 2023NOK 1.6tNOK 1.8tNOK 248.3b6.2x6.3x0.9x
Sat, 04 Nov 2023NOK 1.7tNOK 1.8tNOK 249.5b7.9x7x1x
Mon, 02 Oct 2023NOK 1.7tNOK 2.0tNOK 312.6b7.4x5.3x0.8x
Wed, 30 Aug 2023NOK 1.6tNOK 1.9tNOK 308.2b7.3x5.1x0.8x
Fri, 28 Jul 2023NOK 1.5tNOK 1.8tNOK 285.0b9x5.2x0.8x
Sun, 25 Jun 2023NOK 1.5tNOK 2.1tNOK 359.0b7.9x4.1x0.7x
Tue, 23 May 2023NOK 1.5tNOK 2.1tNOK 402.2b8.8x3.6x0.7x
Thu, 20 Apr 2023NOK 1.5tNOK 2.1tNOK 352.3b9x4.2x0.7x
Sat, 18 Mar 2023NOK 1.4tNOK 2.1tNOK 395.5b7.2x3.6x0.7x
Mon, 13 Feb 2023NOK 1.6tNOK 2.0tNOK 378.0b8x4.3x0.8x
Wed, 11 Jan 2023NOK 1.5tNOK 1.9tNOK 327.5b7.6x4.6x0.8x
Fri, 09 Dec 2022NOK 1.7tNOK 1.9tNOK 327.3b7.5x5.2x0.9x
Sun, 06 Nov 2022NOK 1.9tNOK 2.0tNOK 331.4b8.8x5.6x0.9x
Tue, 04 Oct 2022NOK 1.7tNOK 1.8tNOK 241.6b8.5x7.1x1x
Thu, 01 Sep 2022NOK 1.8tNOK 1.7tNOK 221.8b9.2x8.1x1.1x
Sat, 30 Jul 2022NOK 1.7tNOK 386.6bNOK 58.7b9.7x29.3x4.4x
Mon, 27 Jun 2022NOK 1.5tNOK 1.4tNOK 171.6b9.2x8.6x1x
Wed, 25 May 2022NOK 1.6tNOK 1.4tNOK 127.0b9.8x12.2x1.1x
Fri, 22 Apr 2022NOK 1.5tNOK 1.1tNOK 91.0b10x16.5x1.4x
Price to Earnings Ratio

16.5x


Total Market Cap: NOK 1.5tTotal Earnings: NOK 91.0bTotal Revenue: NOK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Energy Sector Price to Earnings3Y Average 7.1x202320242025
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 7.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Energy industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market2.96%
Energy-0.42%
Energy Services1.13%
Oil and Gas-0.66%
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 18.5%, which is higher than its past year's earnings growth of 9.6% per year.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading close to its 3-year average of 6.8x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 9.6% 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
BWLPG BWGNOK 100.308.5%
+NOK 1.2b		-26.9%PE4.1x
SUBC Subsea 7NOK 145.502.2%
+NOK 946.0m		-20.1%PE20.2x
HAFNI HafniaNOK 44.422.9%
+NOK 622.5m		-45.4%PE2.7x
PLSV Paratus Energy ServicesNOK 36.247.9%
+NOK 451.0m		n/aPE18.4x
BNOR BlueNordNOK 575.002.7%
+NOK 397.5m		-3.2%PS2.1x
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Latest News

AKRBP

NOK 217.70

Aker BP

7D

-0.4%

1Y

-25.6%

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EQNR

NOK 247.90

Equinor

7D

-1.0%

1Y

-18.6%

BNOR

NOK 575.00

BlueNord

7D

2.7%

1Y

-3.2%

TGS

NOK 76.65

TGS

7D

-3.8%

1Y

-43.2%

TGS ASA's (OB:TGS) Share Price Is Still Matching Investor Opinion Despite 25% Slump

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PLSV

NOK 36.24

Paratus Energy Services

7D

7.9%

1Y

n/a

SHLF

NOK 6.14

Shelf Drilling

7D

22.1%

1Y

-69.1%

Revenues Working Against Shelf Drilling, Ltd.'s (OB:SHLF) Share Price Following 27% Dive

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BWLPG

NOK 100.30

BWG

7D

8.5%

1Y

-26.9%

Is BWG (OB:BWLPG) Using Too Much Debt?

Apr 09
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VAR

NOK 28.71

Vår Energi

7D

-1.5%

1Y

-25.2%

DNO

NOK 11.56

DNO

7D

-2.5%

1Y

6.0%

CLCO

NOK 56.80

Cool

7D

9.4%

1Y

-52.1%

SUBC

NOK 145.50

Subsea 7

7D

2.2%

1Y

-20.1%

ODL

NOK 53.60

Odfjell Drilling

7D

2.3%

1Y

2.9%

HAFNI

NOK 44.42

Hafnia

7D

2.9%

1Y

-45.4%

COSH

NOK 4.50

Constellation Oil Services Holding

7D

-5.3%

1Y

n/a

REFL

NOK 14.60

ReFuels

7D

-18.4%

1Y

-22.3%

SDNS

NOK 21.00

Shelf Drilling (North Sea)

7D

-29.3%

1Y

-31.6%