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Norwegian (OSEAX) Oil and Gas Storage and Transportation Industry Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies9
  • 7D4.3%
  • 3M7.9%
  • 1Y57.8%
  • YTDn/a

Over the last 7 days, the Oil and Gas Storage and Transportation industry has risen 4.3%, driven by gains from Capital Tankers of 6.9%. Meanwhile, BWG actually underperformed within the industry, shrinking 11% in the last week. In the last 12 months, the industry was up 58%. As for the next few years, earnings are forecast to decline by 16% per annum.

Industry Valuation and Performance

Has the Norwegian Oil and Gas Storage and Transportation Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026NOK 110.0bNOK 64.3bNOK 10.3b9.5x10.7x1.7x
Fri, 22 May 2026NOK 117.3bNOK 59.5bNOK 7.0b13.7x16.7x2x
Sun, 19 Apr 2026NOK 106.9bNOK 59.6bNOK 6.5b14.4x16.5x1.8x
Tue, 17 Mar 2026NOK 73.8bNOK 62.1bNOK 6.8b9.7x10.8x1.2x
Thu, 12 Feb 2026NOK 75.4bNOK 60.2bNOK 5.1b18.3x14.7x1.3x
Sat, 10 Jan 2026NOK 71.2bNOK 67.5bNOK 6.1b12x11.7x1.1x
Mon, 08 Dec 2025NOK 68.8bNOK 67.6bNOK 6.1b11x11.3x1x
Wed, 05 Nov 2025NOK 69.2bNOK 68.0bNOK 7.9b9.1x8.8x1x
Fri, 03 Oct 2025NOK 68.5bNOK 66.6bNOK 7.7b9.7x8.9x1x
Sun, 31 Aug 2025NOK 69.4bNOK 67.1bNOK 7.8b10.4x8.9x1x
Tue, 29 Jul 2025NOK 63.8bNOK 71.2bNOK 14.1b8x4.5x0.9x
Thu, 26 Jun 2025NOK 57.6bNOK 70.8bNOK 14.0b6.8x4.1x0.8x
Sat, 24 May 2025NOK 54.2bNOK 70.5bNOK 13.8b4.7x3.9x0.8x
Mon, 21 Apr 2025NOK 48.6bNOK 79.2bNOK 18.7b3.1x2.6x0.6x
Wed, 19 Mar 2025NOK 54.6bNOK 79.7bNOK 18.9b3.1x2.9x0.7x
Fri, 14 Feb 2025NOK 72.8bNOK 87.7bNOK 22.9b4.1x3.2x0.8x
Sun, 12 Jan 2025NOK 78.0bNOK 90.0bNOK 21.6b3.9x3.6x0.9x
Tue, 10 Dec 2024NOK 72.9bNOK 88.0bNOK 20.6b3.7x3.5x0.8x
Thu, 07 Nov 2024NOK 57.2bNOK 47.3bNOK 14.9b3.5x3.8x1.2x
Sat, 05 Oct 2024NOK 71.7bNOK 45.5bNOK 14.4b4x5x1.6x
Mon, 02 Sep 2024NOK 73.0bNOK 44.5bNOK 14.6b3.9x5x1.6x
Wed, 31 Jul 2024NOK 77.5bNOK 44.9bNOK 14.8b4.3x5.2x1.7x
Fri, 28 Jun 2024NOK 105.1bNOK 77.3bNOK 19.4b4.5x5.4x1.4x
Sun, 26 May 2024NOK 108.2bNOK 75.2bNOK 19.0b5x5.7x1.4x
Tue, 23 Apr 2024NOK 92.4bNOK 76.1bNOK 19.5b4.2x4.7x1.2x
Thu, 21 Mar 2024NOK 80.9bNOK 72.6bNOK 19.4b3.9x4.2x1.1x
Sat, 17 Feb 2024NOK 86.1bNOK 62.6bNOK 19.9b4.3x4.3x1.4x
Mon, 15 Jan 2024NOK 90.3bNOK 65.4bNOK 19.3b4.8x4.7x1.4x
Wed, 13 Dec 2023NOK 84.5bNOK 69.4bNOK 20.6b4.4x4.1x1.2x
Fri, 10 Nov 2023NOK 95.7bNOK 66.7bNOK 21.3b5.5x4.5x1.4x
Sun, 08 Oct 2023NOK 79.8bNOK 65.3bNOK 20.8b4.8x3.8x1.2x
Tue, 05 Sep 2023NOK 79.3bNOK 63.7bNOK 20.2b4.8x3.9x1.2x
Thu, 03 Aug 2023NOK 70.2bNOK 58.1bNOK 17.1b6.5x4.1x1.2x
Sat, 01 Jul 2023NOK 67.7bNOK 59.9bNOK 18.1b6.4x3.8x1.1x
Price to Earnings Ratio

3.8x


Total Market Cap: NOK 67.7bTotal Earnings: NOK 18.1bTotal Revenue: NOK 59.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Oil and Gas Storage and Transportation Industry Price to Earnings3Y Average 6.4x202420252026
Current Industry PE
  • Investors are optimistic on the Norwegian Oil and Gas Storage and Transportation industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of 6.4x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Storage and Transportation industry have declined 17% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.4% 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 Storage and Transportation compare with similar industries?

NO Market-0.51%
Energy-0.82%
Oil and Gas-0.89%
Oil and Gas Storage and Transportation4.32%
Oil and Gas Refining and Marketing1.85%
Oil and Gas Exploration and Production-1.00%
Integrated Oil and Gas-1.54%
Coal and Fuels-5.10%
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
CAPT Capital TankersNOK 128.266.9%
+NOK 1.1b		n/an/a
OET Okeanis Eco TankersNOK 499.501.0%
+NOK 195.2m		103.9%PE10.1x
HUNT Hunter GroupNOK 9.102.8%
+NOK 33.7m		790.4%PE1.9x
ALNG ALNGNOK 3.262.5%
+NOK 16.8m		-0.6%PS1.8x
ADS ADS Maritime HoldingNOK 2.444.3%
+NOK 7.1m		11.9%PE24.4x

Latest News

BWLPG
NOK 179.00
BWG
7D
-10.9%
1Y
46.2%
Narrative Update • Jun 23

BWLPG: Future Dividends And Fleet Expansion Will Support Margin Resilience

The analyst fair value estimate for BWG has changed from NOK 210.27 to NOK 216.13 as analysts incorporate recent price target revisions in the NOK 199 to NOK 209 range and reference valuation factors along with more limited upside to consensus estimates following the stock's recent rally. Analyst Commentary Recent research on BWG points to a more balanced view on the stock, with the fair value estimate now closer to published price targets that sit in the NOK 199 to NOK 209 range.
OET
NOK 499.50
Okeanis Eco Tankers
7D
1.0%
1Y
103.9%
Analysis Article • Jun 18

Okeanis Eco Tankers (OB:OET) Stock Could Be 10% Undervalued After Q1 Results And Dividend

Okeanis Eco Tankers (OB:OET) is back on investor radars after first quarter results showed strong revenue and earnings, a $2-per-share dividend declaration, and fresh loan facilities tied to a growing tanker fleet. See our latest analysis for Okeanis Eco Tankers. At a share price of NOK492.0, Okeanis Eco Tankers has seen a 7 day share price return of 4.90% and a year to date share price return of 51.62%, while the 1 year total shareholder return of 131.99% reflects performance supported by...
HAFNI
NOK 69.30
Hafnia
7D
-1.5%
1Y
22.3%
Narrative Update • Jun 09

HAFNI: Record Earnings And Elevated Dividends Will Drive Future Return Potential

Hafnia's analyst price target has been revised from NOK 85.80 to NOK 84.00 as analysts factor in steeper projected revenue decline, offset by a higher expected profit margin and a slightly higher forward P/E, alongside a mix of recent downgrades to Hold and one upgrade. Analyst Commentary Recent research on Hafnia has been mixed, with one upgrade and two downgrades to Hold, and price targets in the NOK 73 to NOK 79 range versus the revised NOK 84.00 consensus.
ALNG
NOK 3.26
ALNG
7D
2.5%
1Y
-0.6%
HUNT
NOK 9.10
Hunter Group
7D
2.8%
1Y
790.4%
CAPT
NOK 128.26
Capital Tankers
7D
6.9%
1Y
n/a
GEOS
NOK 10.30
Golden Energy Offshore Services
7D
-1.9%
1Y
-46.8%
BRUT
NOK 50.80
Bruton
7D
-1.2%
1Y
19.2%
ADS
NOK 2.44
ADS Maritime Holding
7D
4.3%
1Y
11.9%