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Norwegian (OSEAX) Oil and Gas Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies22
  • 7D-0.7%
  • 3M18.4%
  • 1Y57.2%
  • YTD50.2%

Over the last 7 days, the Oil and Gas industry has remained flat, although notably Aker BP declined by 3.3%. As for the the longer term, the industry is up 57% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021kr919.0bkr708.1bkr35.3b12.8x
Mon, 01 Nov 2021kr883.5bkr654.4bkr30.8b12.6x
Wed, 29 Sep 2021kr850.7bkr566.8bkr766.2m10.3x
Fri, 27 Aug 2021kr762.0bkr563.6bkr770.6m8.3x
Sat, 03 Jul 2021kr757.3bkr563.6bkr770.6m6.9x
Tue, 06 Apr 2021kr693.5bkr469.0b-kr18,133,365,282.816.8x
Fri, 08 Jan 2021kr608.3bkr459.4b-kr45,841,821,825.694.5x
Thu, 01 Oct 2020kr522.7bkr535.1b-kr26,710,534,965.774.9x
Sun, 05 Jul 2020kr551.3bkr588.6b-kr16,147,795,275.394.1x
Wed, 08 Apr 2020kr514.4bkr734.2b-kr87,922,918.674.2x
Tue, 31 Dec 2019kr746.7bkr627.9bkr23.8b20.1x
Fri, 04 Oct 2019kr718.7bkr701.5bkr55.5b13.5x
Mon, 08 Jul 2019kr699.8bkr692.8bkr76.3b35.5x
Sun, 31 Mar 2019kr782.6bkr703.2bkr74.7b9.2x
Wed, 02 Jan 2019kr725.3bkr737.4bkr72.5b6.8x
PE Ratio

6.8x

Total Market Cap: kr725.3bTotal Earnings: kr72.5bTotal Revenue: kr737.4b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.7x. However, future earnings are expected to decline by 6.4% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Oil and Gas industry have declined 16% per year over the last three years, while revenues for these companies have grown 2.9% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Norwegian Oil and Gas industry?

Coal and Fuels1.46%
Integrated Oil and Gas0.20%
Oil and Gas Exploration and Production-4.03%
Oil and Gas Storage and Transportation-8.01%

Industry PE: Investors are most optimistic about the Integrated Oil and Gas industry which is trading above its 3-year average PE ratio of 15.2x. However analysts are expecting annual earnings decline of 0 so the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Oil and Gas Storage and Transportation industry, which is trading below its 3-year average of 22.2x.

Forecasted Growth: Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 85% over the next 5 years. Meanwhile, the Integrated Oil and Gas industry is expected to see its earnings decline by 11% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
EQNR Equinor5.0%+kr35.8b55.8%PE29.5x
AKRBP Aker BP5.0%+kr5.1b40.6%PE18.9x
DNO DNO4.2%+kr429.2m66.9%PE14.7x
ALNG Awilco LNG31.7%+kr186.9m460.8%PE5.1x
OKEA OKEA6.3%+kr144.6m155.4%PE4.8x
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Latest News

FLNG

kr191.90

FLEX LNG

7D

-8.3%

1Y

184.1%

OKEA

kr23.60

OKEA

7D

6.3%

1Y

155.4%

BWLPG

kr42.00

BWG

7D

-10.8%

1Y

-26.3%

DNO

kr10.85

DNO

7D

4.2%

1Y

66.9%

EFUEL

kr51.00

Everfuel

7D

1.0%

1Y

-32.0%