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Norwegian (OSEAX) Oil and Gas Services Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies23
  • 7D1.6%
  • 3M9.1%
  • 1Y-11.3%
  • YTDn/a

The Oil and Gas Services industry is up 1.6% in the last week, with Subsea 7 up 1.3%. In the past year, the industry is down 11%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025NOK 156.7bNOK 191.2bNOK 16.3b7.9x9.6x0.8x
Wed, 09 Jul 2025NOK 144.5bNOK 179.6bNOK 13.9b8x10.4x0.8x
Fri, 06 Jun 2025NOK 136.9bNOK 179.4bNOK 13.6b7.8x10.1x0.8x
Sun, 04 May 2025NOK 119.6bNOK 178.6bNOK 13.0b9.1x9.2x0.7x
Tue, 01 Apr 2025NOK 131.5bNOK 176.8bNOK 14.0b8.6x9.4x0.7x
Thu, 27 Feb 2025NOK 135.1bNOK 179.9bNOK 14.1b8.2x9.6x0.8x
Sat, 25 Jan 2025NOK 136.8bNOK 166.8bNOK 13.5b6.3x10.1x0.8x
Mon, 23 Dec 2024NOK 127.0bNOK 168.4bNOK 13.6b6.2x9.3x0.8x
Wed, 20 Nov 2024NOK 139.8bNOK 165.2bNOK 12.7b9.3x11x0.8x
Fri, 18 Oct 2024NOK 135.1bNOK 163.1bNOK 12.1b8.6x11.2x0.8x
Sun, 15 Sep 2024NOK 137.2bNOK 160.5bNOK 11.9b8x11.6x0.9x
Tue, 13 Aug 2024NOK 150.4bNOK 161.2bNOK 12.1b13.6x12.4x0.9x
Thu, 11 Jul 2024NOK 152.6bNOK 155.1bNOK 10.1b14.1x15.1x1x
Sat, 08 Jun 2024NOK 149.4bNOK 163.2bNOK 10.7b14.7x14x0.9x
Mon, 06 May 2024NOK 143.7bNOK 164.0bNOK 10.6b11.9x13.5x0.9x
Wed, 03 Apr 2024NOK 139.2bNOK 157.4bNOK 8.7b9.5x15.9x0.9x
Fri, 01 Mar 2024NOK 123.9bNOK 153.7bNOK 8.9b8.1x14x0.8x
Sun, 28 Jan 2024NOK 125.7bNOK 182.1bNOK 8.7b8.1x14.4x0.7x
Tue, 26 Dec 2023NOK 130.1bNOK 180.4bNOK 8.7b8.7x15x0.7x
Thu, 23 Nov 2023NOK 125.2bNOK 177.6bNOK 8.9b7.4x14.1x0.7x
Sat, 21 Oct 2023NOK 128.0bNOK 171.8bNOK 7.1b9.4x18x0.7x
Mon, 18 Sep 2023NOK 127.9bNOK 167.3bNOK 6.8b9.1x18.9x0.8x
Wed, 16 Aug 2023NOK 124.9bNOK 163.2bNOK 3.4b22.9x37.2x0.8x
Fri, 14 Jul 2023NOK 111.5bNOK 147.3bNOK 4.4b12.5x25.2x0.8x
Sun, 11 Jun 2023NOK 104.6bNOK 140.3bNOK 4.4b13.1x24x0.7x
Tue, 09 May 2023NOK 103.8bNOK 137.3bNOK 4.3b15.8x23.9x0.8x
Thu, 06 Apr 2023NOK 118.5bNOK 132.0bNOK 4.1b17x28.7x0.9x
Sat, 04 Mar 2023NOK 121.6bNOK 133.1bNOK 4.0b16.7x30.2x0.9x
Mon, 30 Jan 2023NOK 105.5bNOK 125.3bNOK 11.3b8.6x9.3x0.8x
Wed, 28 Dec 2022NOK 96.2bNOK 124.5bNOK 10.8b10.7x8.9x0.8x
Fri, 25 Nov 2022NOK 92.8bNOK 125.3bNOK 10.9b10.5x8.5x0.7x
Sun, 23 Oct 2022NOK 91.5bNOK 126.6b-NOK 632,492,217.0012.5x-144.7x0.7x
Tue, 20 Sep 2022NOK 87.6bNOK 123.6b-NOK 561,397,934.0015.2x-156x0.7x
Thu, 18 Aug 2022NOK 85.2bNOK 123.5b-NOK 581,550,635.0018.8x-146.5x0.7x
Price to Earnings Ratio

-146.5x


Total Market Cap: NOK 85.2bTotal Earnings: -NOK 581,550,635.00Total Revenue: NOK 123.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Services Industry Price to Earnings3Y Average 7.4x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.6x which is higher than its 3-year average PE of 7.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Equipment and Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 16% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

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

NO Market0.79%
Energy-0.85%
Energy Services2.99%
Oil and Gas Services1.58%
Oil and Gas Drilling4.40%
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
SUBC Subsea 7NOK 196.601.7%
+NOK 946.0m		2.4%PE21.2x
SEA1 Sea1 OffshoreNOK 29.309.7%
+NOK 398.2m		-0.8%PE2.4x
TGS TGSNOK 73.851.9%
+NOK 274.8m		-40.1%PE56.6x
PRS ProsafeNOK 4.0823.6%
+NOK 264.8m		-88.5%PS1x
SOFF Solstad OffshoreNOK 51.705.3%
+NOK 214.1m		27.3%PE2.2x

Latest News

TGS
NOK 73.85
TGS
7D
1.9%
1Y
-40.1%
HAVI
NOK 1.73
Havila Shipping
7D
17.7%
1Y
-66.1%
BWO
NOK 37.20
BW Offshore
7D
2.3%
1Y
30.5%

There Is A Reason BW Offshore Limited's (OB:BWO) Price Is Undemanding

Aug 06
There Is A Reason BW Offshore Limited's (OB:BWO) Price Is Undemanding
SUBC
NOK 196.60
Subsea 7
7D
1.7%
1Y
2.4%
PRS
NOK 4.08
Prosafe
7D
23.6%
1Y
-88.5%
SOFF
NOK 51.70
Solstad Offshore
7D
5.3%
1Y
27.3%
SOMA
NOK 23.99
Solstad Maritime
7D
-1.9%
1Y
n/a
AKAST
NOK 12.06
Akastor
7D
-0.7%
1Y
-21.5%
ENH
NOK 8.70
SED Energy Holdings
7D
-1.1%
1Y
n/a
DWELLOP
NOK 160.00
Dwellop
7D
-8.6%
1Y
n/a
HERMA
NOK 13.00
Hermana Holding
7D
-1.5%
1Y
-24.5%
SEA1
NOK 29.30
Sea1 Offshore
7D
9.7%
1Y
-0.8%
ABL
NOK 9.38
ABL Group
7D
-1.3%
1Y
-21.8%
SDSD
NOK 1.82
S.D. Standard ETC
7D
-0.3%
1Y
0.9%
DOFG
NOK 94.05
DOF Group
7D
0.7%
1Y
-6.6%
PSE
NOK 3.84
Petrolia
7D
-3.8%
1Y
-25.4%