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Norwegian (OSEAX) Oil and Gas Services Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies19
  • 7D-0.8%
  • 3M1.0%
  • 1Y20.7%
  • YTDn/a

The Oil and Gas Services industry has stayed flat over the last week. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025NOK 135.7bNOK 168.0bNOK 13.6b6.2x10x0.8x
Mon, 30 Dec 2024NOK 129.7bNOK 168.7bNOK 13.7b6.4x9.5x0.8x
Wed, 27 Nov 2024NOK 128.4bNOK 169.7bNOK 13.6b9.3x9.5x0.8x
Fri, 25 Oct 2024NOK 134.4bNOK 165.6bNOK 12.3b8.8x10.9x0.8x
Sun, 22 Sep 2024NOK 139.6bNOK 158.8bNOK 11.7b7.9x11.9x0.9x
Tue, 20 Aug 2024NOK 151.9bNOK 158.7bNOK 11.9b13.7x12.8x1x
Thu, 18 Jul 2024NOK 158.5bNOK 157.8bNOK 11.4b12.6x13.9x1x
Sat, 15 Jun 2024NOK 145.4bNOK 163.1bNOK 10.7b13.7x13.6x0.9x
Mon, 13 May 2024NOK 150.4bNOK 164.6bNOK 11.1b13x13.5x0.9x
Wed, 10 Apr 2024NOK 141.7bNOK 155.9bNOK 8.7b9.8x16.3x0.9x
Fri, 08 Mar 2024NOK 127.9bNOK 154.3bNOK 8.6b8.3x14.8x0.8x
Sun, 04 Feb 2024NOK 119.8bNOK 183.8bNOK 8.8b7.7x13.6x0.7x
Tue, 02 Jan 2024NOK 130.9bNOK 179.9bNOK 8.7b8.8x15.1x0.7x
Thu, 30 Nov 2023NOK 125.0bNOK 176.6bNOK 8.7b7.8x14.3x0.7x
Sat, 28 Oct 2023NOK 128.6bNOK 173.5bNOK 7.2b9x17.7x0.7x
Mon, 25 Sep 2023NOK 131.0bNOK 167.2bNOK 7.0b9.6x18.6x0.8x
Wed, 23 Aug 2023NOK 121.7bNOK 164.5bNOK 3.6b10.9x33.9x0.7x
Fri, 21 Jul 2023NOK 111.8bNOK 148.7bNOK 4.1b12.3x27.4x0.8x
Sun, 18 Jun 2023NOK 101.2bNOK 138.7bNOK 4.3b12.7x23.6x0.7x
Tue, 16 May 2023NOK 104.1bNOK 138.6bNOK 4.7b20.8x22.1x0.8x
Thu, 13 Apr 2023NOK 117.0bNOK 133.2bNOK 4.2b16.9x28.1x0.9x
Sat, 11 Mar 2023NOK 122.5bNOK 134.7bNOK 4.2b17.5x29x0.9x
Mon, 06 Feb 2023NOK 106.0bNOK 128.1bNOK 11.7b9.1x9.1x0.8x
Wed, 04 Jan 2023NOK 94.9bNOK 126.6bNOK 11.1b10.5x8.6x0.7x
Fri, 02 Dec 2022NOK 93.8bNOK 123.9bNOK 10.8b10.8x8.7x0.8x
Sun, 30 Oct 2022NOK 94.6bNOK 128.1bNOK 486.4m12.5x194.4x0.7x
Tue, 27 Sep 2022NOK 80.6bNOK 127.8b-NOK 608,329,845.0015.2x-132.5x0.6x
Thu, 25 Aug 2022NOK 89.6bNOK 118.3bNOK 473.0m16.2x189.4x0.8x
Sat, 23 Jul 2022NOK 74.3bNOK 122.7b-NOK 2,035,124,004.0018.4x-36.5x0.6x
Mon, 20 Jun 2022NOK 81.0bNOK 118.9b-NOK 2,136,839,938.0021.8x-37.9x0.7x
Wed, 18 May 2022NOK 86.8bNOK 116.6b-NOK 2,079,963,613.0017.3x-41.7x0.7x
Fri, 15 Apr 2022NOK 79.5bNOK 106.1b-NOK 1,778,522,090.009.7x-44.7x0.7x
Sun, 13 Mar 2022NOK 76.4bNOK 109.7b-NOK 1,934,162,171.0024.7x-39.5x0.7x
Tue, 08 Feb 2022NOK 64.6bNOK 107.0bNOK 8.6b5.4x7.5x0.6x
Price to Earnings Ratio

7.5x


Total Market Cap: NOK 64.6bTotal Earnings: NOK 8.6bTotal Revenue: NOK 107.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Services Industry Price to Earnings3Y Average -1.2x202320242025
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 10.0x which is higher than its 3-year average PE of -1.2x.
  • 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 17% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market1.61%
Energy1.15%
Energy Services-0.52%
Oil and Gas Services-0.78%
Oil and Gas Drilling0.47%
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
DOFG DOF GroupNOK 95.402.9%
+NOK 498.7m		61.2%PE4.5x
BWO BW OffshoreNOK 31.804.1%
+NOK 226.0m		37.7%PE4.3x
AKSO Aker SolutionsNOK 32.241.3%
+NOK 191.7m		-16.0%PE12.8x
REACH Reach SubseaNOK 7.861.8%
+NOK 39.6m		80.7%PE9.2x
HAVI Havila ShippingNOK 1.493.8%
+NOK 14.9m		-71.7%PS0.7x
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Latest News

AQUIL

NOK 0.63

Aquila Holdings

7D

7.8%

1Y

-43.4%

TGS

NOK 114.40

TGS

7D

-2.2%

1Y

14.6%

SUBC

NOK 187.30

Subsea 7

7D

-2.0%

1Y

32.0%

Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Jan 31
Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

SEA1

NOK 22.70

Sea1 Offshore

7D

-2.2%

1Y

-6.0%

NORAM

NOK 34.25

NorAm Drilling

7D

-4.9%

1Y

-17.1%

AKAST

NOK 13.78

Akastor

7D

-4.8%

1Y

26.0%

REACH

NOK 7.86

Reach Subsea

7D

1.8%

1Y

80.7%

PRS

NOK 9.69

Prosafe

7D

-7.2%

1Y

-81.0%

Prosafe SE (OB:PRS) Held Back By Insufficient Growth Even After Shares Climb 64%

Jan 10
Prosafe SE (OB:PRS) Held Back By Insufficient Growth Even After Shares Climb 64%

HAVI

NOK 1.49

Havila Shipping

7D

3.8%

1Y

-71.7%

Some Havila Shipping ASA (OB:HAVI) Shareholders Look For Exit As Shares Take 27% Pounding

Jan 09
Some Havila Shipping ASA (OB:HAVI) Shareholders Look For Exit As Shares Take 27% Pounding

AKSO

NOK 32.24

Aker Solutions

7D

1.3%

1Y

-16.0%

Aker Solutions ASA (OB:AKSO) Could Be Riskier Than It Looks

Jan 03
Aker Solutions ASA (OB:AKSO) Could Be Riskier Than It Looks

EMGS

NOK 2.15

Electromagnetic Geoservices

7D

-6.7%

1Y

-16.2%

SDSD

NOK 1.71

S.D. Standard ETC

7D

0.4%

1Y

1.3%

DOFG

NOK 95.40

DOF Group

7D

2.9%

1Y

61.2%

SOFF

NOK 40.50

Solstad Offshore

7D

-1.3%

1Y

20.5%

BWO

NOK 31.80

BW Offshore

7D

4.1%

1Y

37.7%

DWELLOP

NOK 120.00

Dwellop

7D

20.0%

1Y

n/a