Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Jun 2025NOK 288.4bNOK 234.6bNOK 23.9b7.2x12x1.2x
Sun, 11 May 2025NOK 261.3bNOK 245.2bNOK 25.3b4.7x10.3x1.1x
Tue, 08 Apr 2025NOK 250.9bNOK 259.3bNOK 24.6b4.3x10.2x1x
Thu, 06 Mar 2025NOK 250.5bNOK 258.6bNOK 24.5b4.4x10.2x1x
Sat, 01 Feb 2025NOK 281.8bNOK 271.2bNOK 25.5b10x11.1x1x
Mon, 30 Dec 2024NOK 267.4bNOK 272.7bNOK 25.6b9.6x10.4x1x
Wed, 27 Nov 2024NOK 272.9bNOK 268.6bNOK 25.2b9.2x10.8x1x
Fri, 25 Oct 2024NOK 271.0bNOK 268.9bNOK 27.8b7.2x9.7x1x
Sun, 22 Sep 2024NOK 263.0bNOK 256.2bNOK 27.1b7.4x9.7x1x
Tue, 20 Aug 2024NOK 296.8bNOK 256.3bNOK 26.4b11.4x11.2x1.2x
Thu, 18 Jul 2024NOK 294.6bNOK 253.4bNOK 25.0b10x11.8x1.2x
Sat, 15 Jun 2024NOK 286.2bNOK 251.4bNOK 23.4b10.1x12.2x1.1x
Mon, 13 May 2024NOK 306.1bNOK 254.0bNOK 23.8b9.8x12.8x1.2x
Wed, 10 Apr 2024NOK 316.4bNOK 254.9bNOK 21.6b12.8x14.7x1.2x
Fri, 08 Mar 2024NOK 289.5bNOK 248.5bNOK 21.1b11.9x13.7x1.2x
Sun, 04 Feb 2024NOK 294.6bNOK 276.9bNOK 27.9b7.9x10.5x1.1x
Tue, 02 Jan 2024NOK 313.3bNOK 266.1bNOK 26.8b8.5x11.7x1.2x
Thu, 30 Nov 2023NOK 323.6bNOK 278.0bNOK 28.1b7.6x11.5x1.2x
Sat, 28 Oct 2023NOK 339.2bNOK 291.6bNOK 31.7b7.4x10.7x1.2x
Mon, 25 Sep 2023NOK 311.2bNOK 307.3bNOK 29.9b8x10.4x1x
Wed, 23 Aug 2023NOK 308.0bNOK 301.7bNOK 29.2b8.3x10.6x1x
Fri, 21 Jul 2023NOK 292.3bNOK 300.5bNOK 28.4b7.9x10.3x1x
Sun, 18 Jun 2023NOK 280.6bNOK 300.8bNOK 26.9b7x10.4x0.9x
Tue, 16 May 2023NOK 266.6bNOK 301.5bNOK 28.2b9.1x9.4x0.9x
Thu, 13 Apr 2023NOK 284.1bNOK 289.4bNOK 33.5b5.9x8.5x1x
Sat, 11 Mar 2023NOK 289.8bNOK 292.6bNOK 34.0b5.9x8.5x1x
Mon, 06 Feb 2023NOK 309.8bNOK 261.5bNOK 31.9b8.1x9.7x1.2x
Wed, 04 Jan 2023NOK 320.3bNOK 258.0bNOK 31.4b7.4x10.2x1.2x
Fri, 02 Dec 2022NOK 351.0bNOK 250.7bNOK 30.5b7.7x11.5x1.4x
Sun, 30 Oct 2022NOK 351.2bNOK 262.3bNOK 30.2b8.9x11.6x1.3x
Tue, 27 Sep 2022NOK 320.2bNOK 224.2bNOK 27.2b7.7x11.8x1.4x
Thu, 25 Aug 2022NOK 391.5bNOK 203.7bNOK 25.0b8.7x15.7x1.9x
Sat, 23 Jul 2022NOK 328.4bNOK 182.9bNOK 26.0b7.4x12.6x1.8x
Mon, 20 Jun 2022NOK 278.4bNOK 181.7bNOK 26.6b7.5x10.5x1.5x
Price to Earnings Ratio

10.5x


Total Market Cap: NOK 278.4bTotal Earnings: NOK 26.6bTotal Revenue: NOK 181.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 11.2x202320242025
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 Market2.34%
Energy6.06%
Oil and Gas6.37%
Oil and Gas Exploration and Production5.74%
Integrated Oil and Gas6.96%
Oil and Gas Storage and Transportation2.55%
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?

CompanyLast Price7D1YValuation
AKRBP Aker BPNOK 258.505.0%
+NOK 7.7b
0.9%PE10.2x
VAR Vår EnergiNOK 32.456.9%
+NOK 5.2b
-5.2%PE13.2x
DNO DNONOK 13.318.9%
+NOK 1.1b
21.7%PS1.9x
BWE BW EnergyNOK 34.958.2%
+NOK 683.9m
13.1%PE4.5x
BNOR BlueNordNOK 604.003.4%
+NOK 530.0m
9.8%PS2.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

DNO

NOK 13.31

DNO

7D

8.9%

1Y

21.7%

BNOR

NOK 604.00

BlueNord

7D

3.4%

1Y

9.8%

OKEA

NOK 18.02

OKEA

7D

5.9%

1Y

-23.6%

BWE

NOK 34.95

BW Energy

7D

8.2%

1Y

13.1%

PEN

NOK 25.45

Panoro Energy

7D

6.9%

1Y

-21.0%

VAR

NOK 32.45

Vår Energi

7D

6.9%

1Y

-5.2%

SEAPT

NOK 0.19

Seacrest Petroleo Bermuda

7D

-14.0%

1Y

-92.0%