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

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies10
  • 7D-1.9%
  • 3M3.9%
  • 1Y-1.8%
  • YTDn/a

Over the last 7 days, the Oil and Gas Exploration and Production industry has dropped 1.9%, driven by Vår Energi declining 4.6%. In contrast, DNO has gained 7.3%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 8.1% 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
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
Wed, 18 May 2022NOK 272.5bNOK 172.9bNOK 24.5b9.2x11.1x1.6x
Fri, 15 Apr 2022NOK 271.8bNOK 133.5bNOK 16.7b10.2x16.3x2x
Sun, 13 Mar 2022NOK 229.1bNOK 133.4bNOK 15.8b8.7x14.5x1.7x
Tue, 08 Feb 2022NOK 226.5bNOK 64.4bNOK 6.6b21.4x34.2x3.5x
Price to Earnings Ratio

34.2x


Total Market Cap: NOK 226.5bTotal Earnings: NOK 6.6bTotal Revenue: NOK 64.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Exploration and Production Industry Price to Earnings3Y Average 11.6x202320242025
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 11.6x.
  • The 3-year average PS ratio of 1.3x 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 57% per year over the last three years.
  • Revenues for these companies have grown 61% 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 Market1.61%
Energy1.15%
Oil and Gas1.42%
Oil and Gas Exploration and Production-1.90%
Oil and Gas Storage and Transportation7.73%
Oil and Gas Refining and Marketing4.24%
Integrated Oil and Gas2.13%
Coal and Fuels-3.26%
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
DNO DNONOK 13.107.3%
+NOK 867.8m		44.5%PE15x
BNOR BlueNordNOK 672.002.6%
+NOK 450.5m		36.3%PE39.6x
BWE BW EnergyNOK 26.200.4%
+NOK 28.9m		-4.6%PE3.5x
SEAPT Seacrest Petroleo BermudaNOK 0.04345.9%
+NOK 6.4m		-99.4%PS0.009x
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Latest News

BWE

NOK 26.20

BW Energy

7D

0.4%

1Y

-4.6%

OKEA

NOK 19.90

OKEA

7D

-12.0%

1Y

-15.4%

PNOR

NOK 12.28

PetroNor E&P

7D

-10.9%

1Y

56.8%

VAR

NOK 34.78

Vår Energi

7D

-4.6%

1Y

11.5%

Here's Why Vår Energi (OB:VAR) Has A Meaningful Debt Burden

Jan 27
Here's Why Vår Energi (OB:VAR) Has A Meaningful Debt Burden

PEN

NOK 28.50

Panoro Energy

7D

-1.4%

1Y

10.6%

SEAPT

NOK 0.043

Seacrest Petroleo Bermuda

7D

45.9%

1Y

-99.4%

AKRBP

NOK 236.70

Aker BP

7D

-1.4%

1Y

-13.4%

BNOR

NOK 672.00

BlueNord

7D

2.6%

1Y

36.3%

IOX

NOK 1.90

Interoil Exploration and Production

7D

-8.2%

1Y

-56.3%

DNO

NOK 13.10

DNO

7D

7.3%

1Y

44.5%