OB:BWOEnergy Services
BW Offshore (OB:BWO) Stock Caught Between Opal Setbacks And Cash Flow Strength
BW Offshore entered this earnings season with a reputation as a cheap growth story, yet the stock is down roughly 14% over the past month and now trades around NOK38.5. The gap comes from the headline hit in H1 2026. Revenue of US$293.3m sat alongside a reported net loss of US$78.4m, largely shaped by the US$125m impairment tied to the BW Opal project.
For an offshore production contractor that relies on long term contracts and capital discipline, that single impairment is the headline...