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Norwegian (OSEAX) Oil and Gas Exploration and Production Industry Analysis
UpdatedJun 13, 2025
DataAggregated Company Financials
Companies10
- 7D5.7%
- 3M9.0%
- 1Y-0.2%
- YTDn/a
In the last week, the Oil and Gas Exploration and Production industry is up 3.3%, with Aker BP up 5.0%. Meanwhile, Seacrest Petroleo Bermuda actually underperformed within the industry, shrinking 14% in the last week. In the past year, the industry is down 4.0%. Earnings are forecast to grow by 8.3% annually.
Industry Valuation and Performance
Has the Norwegian Oil and Gas Exploration and Production Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Jun 2025 | NOK 288.4b | NOK 234.6b | NOK 23.9b | 7.2x | 12x | 1.2x |
| Sun, 11 May 2025 | NOK 261.3b | NOK 245.2b | NOK 25.3b | 4.7x | 10.3x | 1.1x |
| Tue, 08 Apr 2025 | NOK 250.9b | NOK 259.3b | NOK 24.6b | 4.3x | 10.2x | 1x |
| Thu, 06 Mar 2025 | NOK 250.5b | NOK 258.6b | NOK 24.5b | 4.4x | 10.2x | 1x |
| Sat, 01 Feb 2025 | NOK 281.8b | NOK 271.2b | NOK 25.5b | 10x | 11.1x | 1x |
| Mon, 30 Dec 2024 | NOK 267.4b | NOK 272.7b | NOK 25.6b | 9.6x | 10.4x | 1x |
| Wed, 27 Nov 2024 | NOK 272.9b | NOK 268.6b | NOK 25.2b | 9.2x | 10.8x | 1x |
| Fri, 25 Oct 2024 | NOK 271.0b | NOK 268.9b | NOK 27.8b | 7.2x | 9.7x | 1x |
| Sun, 22 Sep 2024 | NOK 263.0b | NOK 256.2b | NOK 27.1b | 7.4x | 9.7x | 1x |
| Tue, 20 Aug 2024 | NOK 296.8b | NOK 256.3b | NOK 26.4b | 11.4x | 11.2x | 1.2x |
| Thu, 18 Jul 2024 | NOK 294.6b | NOK 253.4b | NOK 25.0b | 10x | 11.8x | 1.2x |
| Sat, 15 Jun 2024 | NOK 286.2b | NOK 251.4b | NOK 23.4b | 10.1x | 12.2x | 1.1x |
| Mon, 13 May 2024 | NOK 306.1b | NOK 254.0b | NOK 23.8b | 9.8x | 12.8x | 1.2x |
| Wed, 10 Apr 2024 | NOK 316.4b | NOK 254.9b | NOK 21.6b | 12.8x | 14.7x | 1.2x |
| Fri, 08 Mar 2024 | NOK 289.5b | NOK 248.5b | NOK 21.1b | 11.9x | 13.7x | 1.2x |
| Sun, 04 Feb 2024 | NOK 294.6b | NOK 276.9b | NOK 27.9b | 7.9x | 10.5x | 1.1x |
| Tue, 02 Jan 2024 | NOK 313.3b | NOK 266.1b | NOK 26.8b | 8.5x | 11.7x | 1.2x |
| Thu, 30 Nov 2023 | NOK 323.6b | NOK 278.0b | NOK 28.1b | 7.6x | 11.5x | 1.2x |
| Sat, 28 Oct 2023 | NOK 339.2b | NOK 291.6b | NOK 31.7b | 7.4x | 10.7x | 1.2x |
| Mon, 25 Sep 2023 | NOK 311.2b | NOK 307.3b | NOK 29.9b | 8x | 10.4x | 1x |
| Wed, 23 Aug 2023 | NOK 308.0b | NOK 301.7b | NOK 29.2b | 8.3x | 10.6x | 1x |
| Fri, 21 Jul 2023 | NOK 292.3b | NOK 300.5b | NOK 28.4b | 7.9x | 10.3x | 1x |
| Sun, 18 Jun 2023 | NOK 280.6b | NOK 300.8b | NOK 26.9b | 7x | 10.4x | 0.9x |
| Tue, 16 May 2023 | NOK 266.6b | NOK 301.5b | NOK 28.2b | 9.1x | 9.4x | 0.9x |
| Thu, 13 Apr 2023 | NOK 284.1b | NOK 289.4b | NOK 33.5b | 5.9x | 8.5x | 1x |
| Sat, 11 Mar 2023 | NOK 289.8b | NOK 292.6b | NOK 34.0b | 5.9x | 8.5x | 1x |
| Mon, 06 Feb 2023 | NOK 309.8b | NOK 261.5b | NOK 31.9b | 8.1x | 9.7x | 1.2x |
| Wed, 04 Jan 2023 | NOK 320.3b | NOK 258.0b | NOK 31.4b | 7.4x | 10.2x | 1.2x |
| Fri, 02 Dec 2022 | NOK 351.0b | NOK 250.7b | NOK 30.5b | 7.7x | 11.5x | 1.4x |
| Sun, 30 Oct 2022 | NOK 351.2b | NOK 262.3b | NOK 30.2b | 8.9x | 11.6x | 1.3x |
| Tue, 27 Sep 2022 | NOK 320.2b | NOK 224.2b | NOK 27.2b | 7.7x | 11.8x | 1.4x |
| Thu, 25 Aug 2022 | NOK 391.5b | NOK 203.7b | NOK 25.0b | 8.7x | 15.7x | 1.9x |
| Sat, 23 Jul 2022 | NOK 328.4b | NOK 182.9b | NOK 26.0b | 7.4x | 12.6x | 1.8x |
| Mon, 20 Jun 2022 | NOK 278.4b | NOK 181.7b | NOK 26.6b | 7.5x | 10.5x | 1.5x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are relatively neutral on the Norwegian Oil and Gas Exploration and Production 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 11.2x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Exploration and Production industry have declined 3.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.4% 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 | 2.34% | |
| Energy | 6.06% | |
| Oil and Gas | 6.37% | |
| Oil and Gas Exploration and Production | 5.74% | |
| Integrated Oil and Gas | 6.96% | |
| Oil and Gas Storage and Transportation | 2.55% | |
| Oil and Gas Refining and Marketing | -1.14% | |
| Coal and Fuels | -12.93% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AKRBP Aker BP | NOK 258.50 | 5.0% +NOK 7.7b | 0.9% | PE10.2x | |
| VAR Vår Energi | NOK 32.45 | 6.9% +NOK 5.2b | -5.2% | PE13.2x | |
| DNO DNO | NOK 13.31 | 8.9% +NOK 1.1b | 21.7% | PS1.9x | |
| BWE BW Energy | NOK 34.95 | 8.2% +NOK 683.9m | 13.1% | PE4.5x | |
| BNOR BlueNord | NOK 604.00 | 3.4% +NOK 530.0m | 9.8% | PS2.3x |
