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

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies10
  • 7D-0.3%
  • 3M4.8%
  • 1Y-3.4%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.0%, driven by a pullback from Vår Energi of 2.3%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 19% 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
Tue, 12 Aug 2025NOK 280.8bNOK 233.7bNOK 15.6b6.6x18x1.2x
Thu, 10 Jul 2025NOK 293.2bNOK 238.2bNOK 24.3b6.7x12.1x1.2x
Sat, 07 Jun 2025NOK 273.5bNOK 238.6bNOK 24.4b6.8x11.2x1.1x
Mon, 05 May 2025NOK 251.2bNOK 244.0bNOK 27.3b4.5x9.2x1x
Wed, 02 Apr 2025NOK 288.8bNOK 247.4bNOK 23.4b5.2x12.3x1.2x
Fri, 28 Feb 2025NOK 270.7bNOK 265.2bNOK 25.1b4.9x10.8x1x
Sun, 26 Jan 2025NOK 287.2bNOK 269.0bNOK 25.3b10.3x11.4x1.1x
Tue, 24 Dec 2024NOK 260.4bNOK 272.8bNOK 25.7b9.5x10.2x1x
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
Price to Earnings Ratio

14.2x


Total Market Cap: NOK 363.7bTotal Earnings: NOK 25.7bTotal Revenue: NOK 203.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 11.3x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Oil and Gas Exploration and Production industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.0x which is higher than its 3-year average PE of 11.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Exploration and Production industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.9% 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 Comparison

How does Norwegian Oil and Gas Exploration and Production compare with similar industries?

NO Market-0.45%
Energy-1.30%
Oil and Gas-2.57%
Oil and Gas Exploration and Production-0.30%
Oil and Gas Storage and Transportation-0.15%
Oil and Gas Refining and Marketing-2.35%
Integrated Oil and Gas-3.82%
Coal and Fuels-18.92%
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
AKRBP Aker BPNOK 247.301.7%
+NOK 2.7b		-3.0%PE21x
DNO DNONOK 14.362.4%
+NOK 331.5m		34.1%PS2x
BWE BW EnergyNOK 35.600.6%
+NOK 51.6m		19.1%PE4.2x
IOX Interoil Exploration and ProductionNOK 1.491.1%
+NOK 322.2k		-57.5%PS0.2x
SEAPT Seacrest Petroleo BermudaNOK 0.170.3%
+NOK 275.0k		-79.6%PS0.05x

Latest News

VAR
NOK 34.22
Vår Energi
7D
-2.2%
1Y
-1.6%
BNOR
NOK 490.00
BlueNord
7D
1.4%
1Y
-3.0%

BlueNord ASA (OB:BNOR) Investors Are Less Pessimistic Than Expected

Aug 10
BlueNord ASA (OB:BNOR) Investors Are Less Pessimistic Than Expected
PEN
NOK 23.75
Panoro Energy
7D
-0.4%
1Y
-24.4%
BWE
NOK 35.60
BW Energy
7D
0.6%
1Y
19.1%
OKEA
NOK 18.02
OKEA
7D
-1.4%
1Y
-22.4%
AKRBP
NOK 247.30
Aker BP
7D
1.7%
1Y
-3.0%

Some May Be Optimistic About Aker BP's (OB:AKRBP) Earnings

Jul 22
Some May Be Optimistic About Aker BP's (OB:AKRBP) Earnings
IOX
NOK 1.49
Interoil Exploration and Production
7D
1.1%
1Y
-57.5%
DNO
NOK 14.36
DNO
7D
2.4%
1Y
34.1%
PNOR
NOK 10.78
PetroNor E&P
7D
-0.2%
1Y
7.6%

There May Be Some Bright Spots In PetroNor E&P's (OB:PNOR) Earnings

May 28
There May Be Some Bright Spots In PetroNor E&P's (OB:PNOR) Earnings
SEAPT
NOK 0.17
Seacrest Petroleo Bermuda
7D
0.3%
1Y
-79.6%