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

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies13
  • 7D-4.2%
  • 3M1.1%
  • 1Y-6.3%
  • YTD-3.9%

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.9%, driven by pullbacks from every company within the industry. The industry has fallen 4.3% in the last year. As for the next few years, earnings are expected to grow by 9.2% 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, 05 Dec 2023kr316.1bkr282.5bkr28.5b8.1x11.1x1.1x
Thu, 02 Nov 2023kr346.1bkr293.1bkr31.8b7.7x10.9x1.2x
Sat, 30 Sep 2023kr314.7bkr304.6bkr29.7b8.2x10.6x1x
Mon, 28 Aug 2023kr302.6bkr304.7bkr29.4b8x10.3x1x
Wed, 26 Jul 2023kr300.0bkr300.0bkr28.4b8.2x10.6x1x
Fri, 23 Jun 2023kr269.1bkr302.5bkr27.0b6.8x10x0.9x
Sun, 21 May 2023kr266.5bkr308.5bkr28.9b8.8x9.2x0.9x
Tue, 18 Apr 2023kr284.7bkr290.4bkr33.6b5.9x8.5x1x
Thu, 16 Mar 2023kr265.2bkr296.5bkr34.4b5.3x7.7x0.9x
Sat, 11 Feb 2023kr316.6bkr259.6bkr31.5b8.2x10.1x1.2x
Mon, 09 Jan 2023kr319.4bkr256.6bkr31.2b7.3x10.2x1.2x
Wed, 07 Dec 2022kr332.6bkr255.9bkr31.1b7.4x10.7x1.3x
Fri, 04 Nov 2022kr356.4bkr262.9bkr30.2b9.4x11.8x1.4x
Sun, 02 Oct 2022kr329.0bkr226.3bkr27.5b8x12x1.5x
Tue, 30 Aug 2022kr398.5bkr204.2bkr24.9b9x16x2x
Thu, 28 Jul 2022kr345.4bkr188.8bkr25.9b7.9x13.3x1.8x
Sat, 25 Jun 2022kr256.6bkr178.9bkr26.2b8.1x9.8x1.4x
Mon, 23 May 2022kr280.7bkr174.5bkr24.8b9.7x11.3x1.6x
Wed, 20 Apr 2022kr272.6bkr134.0bkr16.8b10.2x16.3x2x
Fri, 18 Mar 2022kr140.1bkr130.7bkr15.5b8.8x9x1.1x
Sun, 13 Feb 2022kr213.3bkr74.4bkr8.8b20.5x24.2x2.9x
Tue, 11 Jan 2022kr211.0bkr65.0bkr6.7b20.3x31.5x3.2x
Thu, 09 Dec 2021kr143.8bkr65.1bkr6.7b18.2x21.5x2.2x
Sat, 06 Nov 2021kr155.1bkr62.3bkr5.3b23.1x29x2.5x
Mon, 04 Oct 2021kr136.4bkr54.6bkr4.1b24.9x33x2.5x
Wed, 01 Sep 2021kr107.1bkr54.4bkr4.1b19.1x25.9x2x
Thu, 08 Jul 2021kr127.4bkr54.4bkr4.1b23.3x30.9x2.3x
Wed, 31 Mar 2021kr115.7bkr47.0bkr2.3b16.9x50.7x2.5x
Sat, 02 Jan 2021kr100.2bkr43.8b-kr4,016,974,175.2660x-24.9x2.3x
Price to Earnings Ratio

-24.9x


Total Market Cap: kr100.2bTotal Earnings: -kr4,016,974,175.26Total Revenue: kr43.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 15.3x20222023
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 11.6x which is lower than its 3-year average PE of 15.3x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • Total earnings for the Oil and Gas Exploration and Production industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 85% 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 Exploration and Production compare with similar industries?

NO Market-1.68%
Energy-4.66%
Oil and Gas-4.92%
Oil and Gas Exploration and Production-4.23%
Coal and Fuels34.02%
Oil and Gas Storage and Transportation-4.08%
Integrated Oil and Gas-5.24%
Oil and Gas Refining and Marketing-7.80%
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
BWE BW Energykr24.303.8%
+kr231.0m
-7.2%PS1.7x
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Latest News

PEN

kr27.00

Panoro Energy

7D

-1.5%

1Y

-7.5%

OKEA

kr30.50

OKEA

7D

-15.1%

1Y

-16.4%

SEAPT

kr10.00

Seacrest Petroleo Bermuda

7D

-2.9%

1Y

n/a

IOX

kr0.60

Interoil Exploration and Production

7D

-20.0%

1Y

-39.3%

VAR

kr32.54

Vår Energi

7D

-5.4%

1Y

-6.6%

BWE

kr24.30

BW Energy

7D

3.8%

1Y

-7.2%

DNO

kr10.07

DNO

7D

-2.6%

1Y

-15.2%