Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Norwegian (OSEAX) Oil and Gas Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies22
  • 7D-0.5%
  • 3M-4.2%
  • 1Y-4.1%
  • YTD-5.8%

Last week, the Oil and Gas industry hasn't moved much but DNO is up 9.4% in that time. As for the longer term, the industry has declined 4.1% in the last year. Looking forward, earnings are forecast to decline by 1.9% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025NOK 1.1tNOK 1.5tNOK 144.6b4.3x7.3x0.7x
Sun, 19 Jan 2025NOK 1.2tNOK 1.6tNOK 154.7b5.8x7.5x0.7x
Tue, 17 Dec 2024NOK 1.0tNOK 1.5tNOK 150.1b3.9x6.8x0.7x
Thu, 14 Nov 2024NOK 1.0tNOK 1.5tNOK 144.1b4.6x7x0.7x
Sat, 12 Oct 2024NOK 1.1tNOK 1.4tNOK 144.4b5x7.7x0.8x
Mon, 09 Sep 2024NOK 1.1tNOK 1.4tNOK 144.9b4.9x7.4x0.8x
Wed, 07 Aug 2024NOK 1.1tNOK 1.5tNOK 145.8b5.3x7.7x0.8x
Fri, 05 Jul 2024NOK 1.2tNOK 1.4tNOK 143.2b5.5x8.7x0.9x
Sun, 02 Jun 2024NOK 1.3tNOK 1.4tNOK 142.1b6.2x9.2x0.9x
Tue, 30 Apr 2024NOK 1.3tNOK 1.5tNOK 149.3b7.6x8.6x0.9x
Thu, 28 Mar 2024NOK 1.2tNOK 1.5tNOK 169.2b6.6x7.2x0.8x
Sat, 24 Feb 2024NOK 1.1tNOK 1.4tNOK 165.0b5.3x6.9x0.8x
Mon, 22 Jan 2024NOK 1.3tNOK 1.5tNOK 227.1b5.1x5.6x0.8x
Wed, 20 Dec 2023NOK 1.4tNOK 1.5tNOK 222.4b5.2x6.1x0.9x
Fri, 17 Nov 2023NOK 1.5tNOK 1.6tNOK 235.4b6.5x6.3x1x
Sun, 15 Oct 2023NOK 1.5tNOK 1.8tNOK 313.8b5.3x4.9x0.9x
Tue, 12 Sep 2023NOK 1.4tNOK 1.7tNOK 305.8b5.3x4.7x0.8x
Thu, 10 Aug 2023NOK 1.4tNOK 1.7tNOK 291.7b7.3x4.7x0.8x
Sat, 08 Jul 2023NOK 1.3tNOK 1.9tNOK 352.2b6.3x3.7x0.7x
Mon, 05 Jun 2023NOK 1.3tNOK 1.9tNOK 367.4b6.8x3.5x0.7x
Wed, 03 May 2023NOK 1.3tNOK 2.0tNOK 354.9b7.1x3.6x0.6x
Fri, 31 Mar 2023NOK 1.3tNOK 1.9tNOK 348.0b6.4x3.7x0.7x
Sun, 26 Feb 2023NOK 1.4tNOK 1.9tNOK 344.1b7.7x4.1x0.7x
Tue, 24 Jan 2023NOK 1.4tNOK 1.7tNOK 278.5b7.9x4.9x0.8x
Thu, 22 Dec 2022NOK 1.6tNOK 1.7tNOK 279.7b8.4x5.6x0.9x
Sat, 19 Nov 2022NOK 1.5tNOK 1.8tNOK 284.7b8.9x5.3x0.8x
Mon, 17 Oct 2022NOK 1.6tNOK 1.6tNOK 207.0b8x7.5x1x
Wed, 14 Sep 2022NOK 1.6tNOK 1.5tNOK 190.9b8.8x8.3x1x
Fri, 12 Aug 2022NOK 1.6tNOK 1.4tNOK 182.5b10x8.7x1.1x
Sun, 10 Jul 2022NOK 1.5tNOK 1.3tNOK 145.4b8.9x10.1x1.1x
Tue, 07 Jun 2022NOK 1.5tNOK 1.2tNOK 136.3b10.1x10.9x1.2x
Thu, 05 May 2022NOK 1.4tNOK 1.0tNOK 107.5b9.6x13.1x1.4x
Sat, 02 Apr 2022NOK 1.4tNOK 928.9bNOK 93.1b11.2x14.7x1.5x
Mon, 28 Feb 2022NOK 1.1tNOK 928.9bNOK 96.0b8.5x11.8x1.2x
Price to Earnings Ratio

11.8x


Total Market Cap: NOK 1.1tTotal Earnings: NOK 96.0bTotal Revenue: NOK 928.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Industry Price to Earnings3Y Average 7.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Oil and Gas 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 0.90x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 17% 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 industry?

NO Market0.52%
Energy-0.29%
Oil and Gas-0.52%
Integrated Oil and Gas0.95%
Oil and Gas Refining and Marketing0%0
Oil and Gas Exploration and Production-1.39%
Oil and Gas Storage and Transportation-11.25%
Coal and Fuels-44.25%
Industry PE
  • Investors are most optimistic about the Oil and Gas Exploration and Production industry, which is trading close to its 3-year average PE ratio of 11.4x.
    • Analysts are expecting annual earnings growth of 11.3%, which is higher than its past year's earnings decline of 16.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 62% over the next 5 years.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 26% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DNO DNONOK 12.539.4%
+NOK 1.1b		40.2%PS1.6x
EQNR EquinorNOK 258.150.2%
+NOK 531.9m		-2.7%PE7.2x
BNOR BlueNordNOK 688.000.7%
+NOK 132.5m		32.6%PS2.3x
PEN Panoro EnergyNOK 28.002.0%
+NOK 63.1m		16.5%PE10x
BWE BW EnergyNOK 25.850.8%
+NOK 57.8m		-3.2%PE4.1x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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.

Latest News

OET

NOK 250.00

Okeanis Eco Tankers

7D

-8.1%

1Y

-17.1%

PNOR

NOK 10.78

PetroNor E&P

7D

0.2%

1Y

32.8%

AGAS

NOK 17.72

Avance Gas Holding

7D

-79.1%

1Y

-85.0%

DNO

NOK 12.53

DNO

7D

9.4%

1Y

40.2%

AKRBP

NOK 238.20

Aker BP

7D

-3.1%

1Y

-7.5%

BNOR

NOK 688.00

BlueNord

7D

0.7%

1Y

32.6%

BlueNord ASA Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Feb 15
BlueNord ASA Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

VAR

NOK 33.50

Vår Energi

7D

-3.0%

1Y

9.8%

BWLPG

NOK 140.00

BWG

7D

-0.7%

1Y

3.4%

BWE

NOK 25.85

BW Energy

7D

0.8%

1Y

-3.2%

CLCO

NOK 82.60

Cool

7D

-5.5%

1Y

-31.6%

EQNR

NOK 258.15

Equinor

7D

0.2%

1Y

-2.7%

PEN

NOK 28.00

Panoro Energy

7D

2.0%

1Y

16.5%

GEOS

NOK 19.30

Golden Energy Offshore Services

7D

1.8%

1Y

-34.8%

HAFNI

NOK 56.20

Hafnia

7D

-2.9%

1Y

-25.2%

HUNT

NOK 1.27

Hunter Group

7D

-12.4%

1Y

-43.8%

BRUT

NOK 40.00

Bruton

7D

6.4%

1Y

n/a