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Norwegian (OSEAX) Oil and Gas Exploration and Production Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
  • 7D7.1%
  • 3M-4.3%
  • 1Y-11.6%
  • YTDn/a

In the last week, the Oil and Gas Exploration and Production industry is up 5.3%, with Vår Energi up 7.9%. In the same time, Interoil Exploration and Production was down 22%. In the past year, the industry is down 15%. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 275.7bNOK 266.9bNOK 25.3b9.2x10.9x1x
Sat, 19 Oct 2024NOK 269.6bNOK 266.5bNOK 28.3b7.2x9.5x1x
Mon, 16 Sep 2024NOK 265.5bNOK 260.2bNOK 27.5b7.4x9.6x1x
Wed, 14 Aug 2024NOK 288.1bNOK 259.5bNOK 26.3b9.5x11x1.1x
Fri, 12 Jul 2024NOK 294.3bNOK 252.3bNOK 23.3b10.4x12.7x1.2x
Sun, 09 Jun 2024NOK 293.2bNOK 252.3bNOK 23.6b10.3x12.5x1.2x
Tue, 07 May 2024NOK 303.8bNOK 254.8bNOK 24.6b9.4x12.3x1.2x
Thu, 04 Apr 2024NOK 314.5bNOK 256.0bNOK 21.7b12.5x14.5x1.2x
Sat, 02 Mar 2024NOK 286.8bNOK 251.2bNOK 21.4b11.8x13.4x1.1x
Mon, 29 Jan 2024NOK 300.6bNOK 272.3bNOK 27.5b8.2x10.9x1.1x
Wed, 27 Dec 2023NOK 314.8bNOK 267.2bNOK 27.0b8.4x11.7x1.2x
Fri, 24 Nov 2023NOK 329.2bNOK 280.0bNOK 28.3b7.7x11.6x1.2x
Sun, 22 Oct 2023NOK 343.0bNOK 314.2bNOK 30.8b7.8x11.1x1.1x
Tue, 19 Sep 2023NOK 325.2bNOK 308.7bNOK 30.1b7.7x10.8x1.1x
Thu, 17 Aug 2023NOK 307.0bNOK 303.1bNOK 29.9b8.4x10.3x1x
Sat, 15 Jul 2023NOK 285.0bNOK 298.4bNOK 28.2b7.7x10.1x1x
Mon, 12 Jun 2023NOK 281.5bNOK 305.9bNOK 27.3b7x10.3x0.9x
Wed, 10 May 2023NOK 260.6bNOK 301.2bNOK 27.8b6.9x9.4x0.9x
Fri, 07 Apr 2023NOK 281.0bNOK 288.9bNOK 33.4b5.9x8.4x1x
Sun, 05 Mar 2023NOK 298.7bNOK 287.1bNOK 33.3b6.2x9x1x
Tue, 31 Jan 2023NOK 313.2bNOK 255.3bNOK 31.0b8x10.1x1.2x
Thu, 29 Dec 2022NOK 321.9bNOK 254.1bNOK 30.9b6.9x10.4x1.3x
Sat, 26 Nov 2022NOK 349.2bNOK 252.8bNOK 30.3b7x11.5x1.4x
Mon, 24 Oct 2022NOK 332.6bNOK 220.6bNOK 26.8b8.4x12.4x1.5x
Wed, 21 Sep 2022NOK 339.6bNOK 215.3bNOK 26.1b8.4x13x1.6x
Fri, 19 Aug 2022NOK 363.7bNOK 203.7bNOK 25.7b8.2x14.2x1.8x
Sun, 17 Jul 2022NOK 337.4bNOK 186.0bNOK 26.4b7x12.8x1.8x
Tue, 14 Jun 2022NOK 285.2bNOK 179.5bNOK 26.2b7.9x10.9x1.6x
Thu, 12 May 2022NOK 262.2bNOK 173.0bNOK 24.5b8.8x10.7x1.5x
Sat, 09 Apr 2022NOK 261.6bNOK 132.4bNOK 16.6b11x15.8x2x
Mon, 07 Mar 2022NOK 239.5bNOK 133.5bNOK 15.9b8.5x15.1x1.8x
Wed, 02 Feb 2022NOK 225.0bNOK 64.9bNOK 6.7b20.7x33.7x3.5x
Fri, 31 Dec 2021NOK 204.6bNOK 64.6bNOK 6.6b18.6x30.8x3.2x
Sun, 28 Nov 2021NOK 130.1bNOK 66.6bNOK 6.8b16.2x19x2x
Price to Earnings Ratio

19x


Total Market Cap: NOK 130.1bTotal Earnings: NOK 6.8bTotal Revenue: NOK 66.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 12.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Oil and Gas Exploration and Production 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 10.8x which is lower than its 3-year average PE of 12.7x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have grown 54% per year over the last three years.
  • Revenues for these companies have grown 58% 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 Exploration and Production compare with similar industries?

NO Market3.06%
Energy6.68%
Oil and Gas7.55%
Oil and Gas Exploration and Production7.08%
Integrated Oil and Gas7.99%
Oil and Gas Storage and Transportation5.02%
Coal and Fuels-2.13%
Oil and Gas Refining and Marketing-27.91%
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
VAR Vår EnergiNOK 36.5510.0%
+NOK 8.3b		7.8%PE14.3x
AKRBP Aker BPNOK 229.805.4%
+NOK 7.5b		-22.6%PE9.2x
BNOR BlueNordNOK 599.009.7%
+NOK 1.4b		11.3%PE36x
DNO DNONOK 10.075.4%
+NOK 502.1m		-2.3%PE11.8x
BWE BW EnergyNOK 22.353.5%
+NOK 216.7m		-6.9%PE3.1x
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Latest News

IOX

NOK 3.15

Interoil Exploration and Production

7D

-16.6%

1Y

-60.6%

Market Might Still Lack Some Conviction On Interoil Exploration and Production ASA (OB:IOX) Even After 28% Share Price Boost

Nov 21
Market Might Still Lack Some Conviction On Interoil Exploration and Production ASA (OB:IOX) Even After 28% Share Price Boost

PEN

NOK 27.95

Panoro Energy

7D

4.3%

1Y

3.4%

BWE

NOK 22.35

BW Energy

7D

3.5%

1Y

-6.9%

DNO

NOK 10.07

DNO

7D

5.4%

1Y

-2.3%

BNOR

NOK 599.00

BlueNord

7D

9.7%

1Y

11.3%

AKRBP

NOK 229.80

Aker BP

7D

5.4%

1Y

-22.6%

PNOR

NOK 10.56

PetroNor E&P

7D

9.4%

1Y

38.0%

Market Cool On PetroNor E&P ASA's (OB:PNOR) Earnings

Nov 03
Market Cool On PetroNor E&P ASA's (OB:PNOR) Earnings

OKEA

NOK 20.74

OKEA

7D

5.6%

1Y

-42.2%

VAR

NOK 36.55

Vår Energi

7D

10.0%

1Y

7.8%

Some Investors May Be Willing To Look Past Vår Energi's (OB:VAR) Soft Earnings

Oct 29
Some Investors May Be Willing To Look Past Vår Energi's (OB:VAR) Soft Earnings

SEAPT

NOK 0.20

Seacrest Petroleo Bermuda

7D

-6.7%

1Y

-98.2%

KNOX

NOK 10.60

Knox Energy Solutions

7D

-6.2%

1Y

-50.2%