OB:AUSS
OB:AUSSFood

What Austevoll Seafood (OB:AUSS)'s Record Q3 Sales and Margin Pressure Mean for Shareholders

Austevoll Seafood ASA recently reported its third-quarter 2025 results, posting sales of NOK10.04 billion and net income of NOK288 million, reflecting growth over the same period last year but with mixed segment performance. While the company achieved record sales and distribution results alongside higher salmon and trout slaughter volumes, it also faced margin pressure in pelagic operations and ongoing biological challenges such as high sea lice. We’ll explore how recent margin pressure...
OB:NHY
OB:NHYMetals and Mining

Is Hydro’s NOK2.5 Billion Pumped Storage Bet a Turning Point for Its Renewables Strategy (OB:NHY)?

Hydro has made a final investment decision on its largest hydropower development in over 20 years, committing NOK2.5 billion to construct the Illvatn pumped storage power plant in Luster, Norway, with operations expected to begin in 2030 and power dedicated to aluminium production. By incorporating aluminium-made power towers and cutting water loss during peak seasons, Hydro is reinforcing its focus on renewable energy innovation and sustainable grid development within its operations. We'll...
OB:SCATC
OB:SCATCRenewable Energy

Scatec (OB:SCATC): Assessing Valuation Following Major Philippine Floating Solar Win

Scatec (OB:SCATC) and its partner Aboitiz Renewables just secured a 20-year Power Purchase Agreement for a 68 MW floating solar project on the Magat reservoir in the Philippines. The deal marks a big step in the company's Southeast Asia strategy. See our latest analysis for Scatec. Alongside the new floating solar deal, Scatec also recently strengthened its balance sheet by issuing a green bond and outlining plans to reduce corporate debt. Investors have responded positively, with the...
OB:EQNR
OB:EQNROil and Gas

Equinor (OB:EQNR) Valuation in Focus After Signing Long-Term Operational Contracts for Norwegian Onshore Plants

Equinor (OB:EQNR) just signed a set of new framework agreements for insulation, scaffolding, and surface treatment at its onshore plants in Norway. These contracts, with terms extending up to eight years, highlight the company’s push for stable operations and job support beginning in 2026. See our latest analysis for Equinor. Alongside these new contracts, Equinor recently completed a sizable debt offering to enhance financial flexibility, following a year that has seen some volatility in the...
OB:TGS
OB:TGSEnergy Services

How Chevron’s Multi-Year Seismic Deal Could Shape TGS (OB:TGS) Investor Expectations

On November 5, 2025, Chevron announced it had signed a three-year capacity agreement with TGS for marine streamer and ocean bottom node (OBN) seismic acquisition services, including an immediate start with the St Malo 4D OBN reservoir monitoring project in the Gulf of Mexico. This agreement not only brings substantial new business and a firm multi-year commitment to TGS, but also deepens collaboration on data technology and geophysical innovation between the two companies. We'll explore how...
OB:VAR
OB:VAROil and Gas

How a New Oil Discovery and Dividend Payout at Vår Energi (OB:VAR) Has Changed Its Investment Story

On 11 November 2025, Vår Energi's extraordinary general meeting approved a third-quarter dividend of NOK 1.211 per share, totaling NOK 3.02 billion (about US$300 million), with payment set for 25 November 2025. In parallel, Vår Energi confirmed an oil discovery in the Zagato North appraisal well near the Goliat field, with estimated gross recoverable resources of up to 3 million barrels of oil equivalent, indicating potential for future development in the area. We’ll now explore how this...
OB:VEND
OB:VENDInteractive Media and Services

Will Vend Marketplaces' (OB:VEND) Share Buyback Reveal a New Approach to Capital Allocation?

Vend Marketplaces recently completed a share issue of approximately 5.3 million shares and announced a new share buyback programme of up to NOK 2 billion, with proceeds managed by Danske Bank and shares potentially being allocated for employee incentives or canceled subject to AGM approval. These capital management measures highlight a proactive approach to optimizing Vend's financial structure and signal management’s commitment to balancing growth initiatives with potential returns for...
OB:BNOR
OB:BNOROil and Gas

How Investors Are Reacting To BlueNord (OB:BNOR) Tyra Hub Ramp-Up and October 2025 Production Update

BlueNord ASA recently reported preliminary October 2025 production of 36,500 barrels of oil equivalent per day, including the successful execution of a planned full-field shutdown at the Tyra hub to enhance reliability and performance. An interesting aspect is that production at Tyra is still ramping up post-shutdown and is expected to reach plateau levels by the end of the fourth quarter of 2025, while temporary issues at the Dan hub have already been resolved. Next, we will explore how...
OB:HAUTO
OB:HAUTOShipping

Höegh Autoliners (OB:HAUTO): Assessing Valuation After Steady Operations and Ex-Dividend Date Announcement

Höegh Autoliners (OB:HAUTO) is in focus after sharing steady operating results for October 2025 and announcing its upcoming ex-dividend date. This has drawn investor attention to both its performance and shareholder policies. See our latest analysis for Höegh Autoliners. While this steady operational performance reinforces Höegh Autoliners’ reputation for resilience, the momentum in its share price has softened lately. The 1-year total shareholder return is 1.3%, and the 3-year total return...
OB:CADLR
OB:CADLRConstruction

A Look at Cadeler (OB:CADLR) Valuation Following Major Offshore Wind Contract Wins

Cadeler (OB:CADLR) has secured two significant contracts for the transportation and installation of offshore wind turbines and their foundations, together valued at around EUR 500 million. This move meaningfully strengthens the company's order book and highlights its expanding role in offshore wind. See our latest analysis for Cadeler. Cadeler’s new contracts and growing UK presence follow a challenging year for the stock, with a 1-year total shareholder return of -30.73% and the share price...
OB:NORBT
OB:NORBTElectronic

A Look at Norbit’s (OB:NORBT) Valuation After Q3 Earnings Boost and Special Dividend

Norbit (OB:NORBT) shares reacted following the company’s Q3 earnings, which showed 36% revenue growth, new product momentum, and a special dividend. However, there was also a miss on earnings per share that has investors watching Q4 closely. See our latest analysis for Norbit. After surging year-to-date, Norbit’s share price has pulled back in recent weeks, down 5.1% over the past month and 8.9% for the quarter. Despite this short-term dip following the Q3 earnings miss, total shareholder...
OB:TOM
OB:TOMMachinery

Tomra Systems (OB:TOM): Valuation Insights Following Chairman’s Recent Share Purchase

Tomra Systems (OB:TOM) drew attention after a regulatory filing revealed that Johan Hjertonsson, chairman and primary insider, purchased 10,000 additional shares. This move doubled his stake to 20,000 shares. Investors often watch insider activity for signals on management outlook and commitment. See our latest analysis for Tomra Systems. This insider buying comes after what has been a challenging stretch for Tomra Systems, with the share price sliding nearly 19% year-to-date and the one-year...
OB:LSG
OB:LSGFood

Is Resilience in Value-Added Earnings Shifting the Outlook for Lerøy Seafood Group (OB:LSG)?

Lerøy Seafood Group recently reported mixed Q3 2025 results, with its Farming segment hindered by low salmon prices and biological issues, while its value-added processing, sales and distribution segment achieved record earnings. The company's investments in laser delousing and closed containment farming aim to boost sustainability and efficiency, as management anticipates a more balanced salmon market and lower production costs in the coming year. To assess how this impacts Lerøy's...
OB:ODL
OB:ODLEnergy Services

What Odfjell Drilling (OB:ODL)'s Strong Q3 Earnings and Dividend Payout Mean For Shareholders

Odfjell Drilling Ltd. recently reported strong third-quarter 2025 earnings, with sales of US$233.7 million and net income of US$55.1 million, and declared a US$0.20 per share cash dividend to be paid on November 26, 2025. This combination of significantly improved profitability and a shareholder payout signals enhanced operational performance and management's confidence in the company's financial health. We'll explore how the substantial dividend announcement and robust profit growth may...
OB:AFG
OB:AFGConstruction

AF Gruppen (OB:AFG): Valuation in Focus After Securing Major Sustainable Wastewater Contract

AF Gruppen (OB:AFG) has secured a NOK 582 million contract to lead construction at the Fuglevik wastewater treatment plant in Moss Municipality. The project highlights the company’s environmental focus and further builds on its reputation in sustainable infrastructure. See our latest analysis for AF Gruppen. AF Gruppen’s share price has been gathering steam, rising over 21% year to date and boasting a 34.6% total shareholder return over the past year. The positive momentum seems to reflect...
OB:NHY
OB:NHYMetals and Mining

Norsk Hydro (OB:NHY) Valuation in Focus Following Landmark Illvatn Hydropower Expansion Announcement

Norsk Hydro (OB:NHY) is moving forward with the Illvatn pumped storage power plant in Luster Municipality, marking its largest hydropower initiative in more than two decades. This expansion carries major implications for renewable energy capacity and future aluminium production. See our latest analysis for Norsk Hydro. The news of Hydro’s Illvatn hydropower investment comes as the stock notched a fresh 52-week high this week and posted a 4.9% one-month share price return, outpacing the Oslo...
OB:SBNOR
OB:SBNORBanks

Sparebanken Norge (OB:SBNOR): Assessing Valuation Following Profit Growth and Euronext 150 Index Inclusion

Sparebanken Norge (OB:SBNOR) reported higher net income for both the third quarter and the year-to-date period, emphasizing year-over-year profitability gains. Its recent addition to the Euronext 150 Index may further boost market attention. See our latest analysis for Sparebanken Norge. Steady earnings growth and Sparebanken Norge's recent addition to the Euronext 150 Index have helped keep momentum strong. The share price is up 21.8% year-to-date and has delivered an impressive 35.3% total...
OB:ORK
OB:ORKFood

Orkla (OB:ORK) Is Up 5.9% After Announcing Q3 Growth, Share Buyback and Orkla India IPO

Orkla recently announced its third-quarter 2025 results, reporting 4.4% organic growth across its portfolio and initiating a NOK 4 billion share buyback programme set to run through the end of 2026. This quarter also marked the IPO of Orkla India, giving the business increased visibility and new options for expansion, while capital returns and operational performance were highlighted as major management priorities. We'll explore how the launch of a NOK 4 billion share buyback may influence...