Header cover image

Norwegian (OSEAX) Oil and Gas Services Industry Analysis

UpdatedFeb 17, 2025
DataAggregated Company Financials
Companies20
  • 7D-1.0%
  • 3M-4.9%
  • 1Y16.5%
  • YTDn/a

Last week, the Oil and Gas Services industry hasn't moved much but TGS is up 3.9% in that time. The past year has been better, since the industry has gained 17% in that time. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the Norwegian Oil and Gas Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Feb 2025NOK 131.9bNOK 176.5bNOK 14.1b6.1x9.3x0.7x
Wed, 15 Jan 2025NOK 139.3bNOK 169.1bNOK 13.7b6.3x10.2x0.8x
Fri, 13 Dec 2024NOK 128.8bNOK 166.2bNOK 13.4b7.3x9.6x0.8x
Sun, 10 Nov 2024NOK 138.5bNOK 164.3bNOK 12.4b9x11.2x0.8x
Tue, 08 Oct 2024NOK 137.9bNOK 160.3bNOK 11.9b8.6x11.6x0.9x
Thu, 05 Sep 2024NOK 140.0bNOK 160.4bNOK 11.8b11.2x11.8x0.9x
Sat, 03 Aug 2024NOK 154.8bNOK 162.5bNOK 12.2b11.8x12.7x1x
Mon, 01 Jul 2024NOK 153.2bNOK 163.2bNOK 10.5b13.9x14.6x0.9x
Wed, 29 May 2024NOK 151.4bNOK 161.1bNOK 10.5b15.6x14.4x0.9x
Fri, 26 Apr 2024NOK 142.3bNOK 164.8bNOK 10.1b9.9x14x0.9x
Sun, 24 Mar 2024NOK 133.1bNOK 156.6bNOK 8.7b9.3x15.3x0.9x
Tue, 20 Feb 2024NOK 118.8bNOK 151.6bNOK 7.1b16.1x16.8x0.8x
Thu, 18 Jan 2024NOK 125.0bNOK 183.0bNOK 8.8b7.9x14.2x0.7x
Sat, 16 Dec 2023NOK 126.9bNOK 182.5bNOK 8.8b8.6x14.5x0.7x
Mon, 13 Nov 2023NOK 128.6bNOK 178.1bNOK 7.9b8.1x16.3x0.7x
Wed, 11 Oct 2023NOK 126.4bNOK 169.7bNOK 7.1b8.8x17.9x0.7x
Fri, 08 Sep 2023NOK 124.9bNOK 166.8bNOK 6.8b9.2x18.5x0.7x
Sun, 06 Aug 2023NOK 113.9bNOK 150.4bNOK 3.5b12.1x32.2x0.8x
Tue, 04 Jul 2023NOK 111.9bNOK 149.7bNOK 4.4b11.9x25.6x0.7x
Thu, 01 Jun 2023NOK 102.1bNOK 143.4bNOK 4.3b21x23.7x0.7x
Sat, 29 Apr 2023NOK 108.6bNOK 135.4bNOK 4.1b15.8x26.6x0.8x
Mon, 27 Mar 2023NOK 105.5bNOK 133.5bNOK 4.2b15.9x25.2x0.8x
Wed, 22 Feb 2023NOK 114.6bNOK 134.5bNOK 13.4b8.5x8.5x0.9x
Fri, 20 Jan 2023NOK 104.1bNOK 125.5bNOK 10.9b11.1x9.5x0.8x
Sun, 18 Dec 2022NOK 89.4bNOK 125.1bNOK 10.9b10.2x8.2x0.7x
Tue, 15 Nov 2022NOK 92.0bNOK 126.8bNOK 10.9b12.5x8.4x0.7x
Thu, 13 Oct 2022NOK 87.8bNOK 127.9b-NOK 608,965,944.0012.5x-144.2x0.7x
Sat, 10 Sep 2022NOK 88.7bNOK 120.8b-NOK 529,560,906.0015.2x-167.4x0.7x
Mon, 08 Aug 2022NOK 83.5bNOK 124.4b-NOK 646,489,364.0019.1x-129.1x0.7x
Wed, 06 Jul 2022NOK 76.6bNOK 120.0b-NOK 2,286,899,633.0018.3x-33.5x0.6x
Fri, 03 Jun 2022NOK 93.6bNOK 114.8b-NOK 2,351,827,580.0023.1x-39.8x0.8x
Sun, 01 May 2022NOK 75.7bNOK 110.3b-NOK 1,830,213,343.009.8x-41.4x0.7x
Tue, 29 Mar 2022NOK 74.0bNOK 106.0b-NOK 1,972,490,009.009.4x-37.5x0.7x
Thu, 24 Feb 2022NOK 66.2bNOK 105.2bNOK 8.4b7.5x7.9x0.6x
Price to Earnings Ratio

7.9x


Total Market Cap: NOK 66.2bTotal Earnings: NOK 8.4bTotal Revenue: NOK 105.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Services Industry Price to Earnings3Y Average -1.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Norwegian Oil and Gas Equipment and Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.3x which is higher than its 3-year average PE of -1.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Equipment and Services industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian Oil and Gas Services compare with similar industries?

NO Market-0.34%
Energy-2.03%
Energy Services-0.93%
Oil and Gas Services-1.04%
Oil and Gas Drilling-0.50%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TGS TGSNOK 115.104.2%
+NOK 902.6m
11.9%PE43.1x
DOFG DOF GroupNOK 95.451.3%
+NOK 230.9m
55.4%PE4.6x
AKAST AkastorNOK 13.945.6%
+NOK 202.6m
27.9%PE2.4x
EIOF Eidesvik OffshoreNOK 13.781.9%
+NOK 19.0m
2.2%PE6.4x
HAVI Havila ShippingNOK 1.491.2%
+NOK 5.0m
-67.4%PS0.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.