OB:DNO
OB:DNOOil and Gas

DNO (OB:DNO): Assessing Valuation as Tawke Drilling Resumes After Major Production Milestone

DNO (OB:DNO) is turning the taps back on in Kurdistan, planning to resume drilling at its flagship Tawke field after surpassing 500 million barrels of cumulative output and enduring a long pipeline driven pause. See our latest analysis for DNO. The drilling restart hopes to build on strong momentum, with a roughly 36% year to date share price return and a powerful 67% one year total shareholder return suggesting investors are reassessing both growth and risk around DNO. If this kind of...
OB:NHY
OB:NHYMetals and Mining

Did Tomago’s Long-Term Power Deal and A$1b Plan Just Shift Norsk Hydro's (OB:NHY) Investment Narrative?

The Australian and New South Wales Governments, together with Tomago Aluminium, have recently agreed a partnership to secure long-term, competitively priced power for the Tomago smelter beyond 2028, underpinned by plans for at least A$1.00 billion in capital projects and major maintenance over the next decade. As a significant shareholder in Tomago Aluminium, Norsk Hydro gains improved visibility on the smelter’s operational continuity and decarbonisation pathway, which could influence how...
OB:TGS
OB:TGSEnergy Services

How New Brazil and Europe Seismic Contracts At TGS (OB:TGS) Has Changed Its Investment Story

TGS recently announced it had secured two offshore seismic survey contracts: a streamer 4D project in Brazil’s Campos basin and an ocean-bottom node survey in Europe, with vessel mobilizations scheduled for mid-2026 and expected durations of roughly 75 and 60 days, respectively. These awards enhance TGS’s future activity pipeline by combining traditional streamer work with higher-complexity OBN acquisition, potentially supporting backlog quality and utilization into 2026. We’ll now explore...
OB:VEI
OB:VEIConstruction

How Veidekke’s New Sigtuna Care-Standard Housing Contract Could Shape Its Sustainable Strategy (OB:VEI)

Bonava has contracted Veidekke ASA to build the Visthuset block in Sigtuna, Sweden, a SEK 217 million design-and-build project comprising 91 rental apartments designed to care home standards, scheduled for completion in December 2027. The project strengthens Veidekke’s position in Swedish sustainable housing, targeting Miljöbyggnad 4.0 Silver certification and a 20% lower climate impact than standard apartment buildings. We’ll now examine how this Miljöbyggnad-targeted care home project in a...
OB:SCATC
OB:SCATCRenewable Energy

Scatec (OB:SCATC): Assessing Valuation After New African Solar Projects Start Commercial Operations

Scatec (OB:SCATC) has just switched on two new African solar assets: the second phase of its Mmadinare Solar Cluster in Botswana and the 273 MW Grootfontein plant in South Africa, locking in long term contracted cash flows. See our latest analysis for Scatec. These new PPAs come after a string of growth moves across Africa, and even though the 1 day share price return of 1.69% barely shifts the needle, Scatec’s strong year to date share price return of 25.93% alongside a 30.85% 1 year total...
OB:AKRBP
OB:AKRBPOil and Gas

How New Sleipner Discoveries and RBC Upgrade May Shape Aker BP (OB:AKRBP) Investors’ Outlook

Aker BP and operator Equinor recently reported a significant gas and condensate discovery at the Lofn and Langemann wells in the Sleipner area, adding to a series of North Sea finds and supported by expectations of sizeable recoverable volumes near existing infrastructure. RBC Capital Markets has upgraded Aker BP to “outperform,” highlighting projected production growth and a potential step-up in dividend capacity as new fields come online. We’ll now examine how RBC’s upgrade, grounded in...
OB:HAFNI
OB:HAFNIOil and Gas

Is Weaker Earnings And A Maintained Dividend Altering The Investment Case For Hafnia (OB:HAFNI)?

In December 2025, Hafnia Limited reported third-quarter 2025 results showing sales of US$586.88 million and net income of US$91.5 million, while also declaring a quarterly dividend of US$0.1470 per share payable in December to shareholders of record on 9 December. The sharp year-on-year drop in both quarterly and nine-month earnings, combined with the decision to maintain a cash dividend, highlights management’s emphasis on returning capital even as operating conditions have recently been...
OB:NOD
OB:NODSemiconductor

How Nordic’s First Direct-to-Satellite IoT Step At Nordic Semiconductor (OB:NOD) Has Changed Its Investment Story

In December 2025, Nordic Semiconductor launched the nRF9151 SMA Development Kit and new modem firmware, enabling RF engineers to evaluate cellular IoT, DECT NR+, and direct-to-satellite NB-IoT NTN connectivity with external antennas and precise lab measurements. This move extends Nordic’s portfolio beyond traditional terrestrial IoT into hybrid terrestrial-satellite solutions, potentially broadening its role in challenging RF environments such as remote, industrial, and dense smart-building...
OB:AKER
OB:AKERIndustrials

What Aker (OB:AKER)'s Japan Krill Oil Skin-Health Approval Means For Shareholders

Aker BioMarine recently secured approval in Japan for its Superba Boost krill oil as the first omega-3 ingredient allowed to carry skin health claims under the country’s Foods with Function Claims system, supported by clinical evidence on moisture, barrier function and elasticity. This positions the company at the forefront of the growing “ingestible beauty” category, reinforcing its focus on science-backed innovation in nutraceuticals. We’ll now consider how this Japanese regulatory...
OB:PROT
OB:PROTInsurance

New PROT11 Bond Listing Might Change The Case For Investing In Protector Forsikring (OB:PROT)

Earlier this year, the Financial Supervisory Authority of Norway approved Protector Forsikring ASA’s prospectus for a new bond issue, paving the way for its listing on Oslo Børs under the ticker “PROT11” following a successful Restricted Tier 1 placement. This move highlights Protector Forsikring’s growing use of bond markets to support its balance sheet, potentially reinforcing the insurer’s capital flexibility and capacity to fund future initiatives. We’ll now examine how the approved...
OB:CADLR
OB:CADLRConstruction

Can Cadeler’s New Green Loan Boost Funding Flexibility For Offshore Wind Projects (OB:CADLR)?

Earlier this month, Cadeler A/S announced a second unsecured green corporate term loan facility of €60 million, with an accordion option of up to €80 million and a tenor of up to five years, arranged by HSBC and Clifford Capital to support general corporate purposes. This additional green funding underscores Cadeler’s access to large-scale sustainable finance and reinforces its capacity to fund complex offshore wind installation projects while keeping its balance sheet flexible. We’ll now...
OB:BWLPG
OB:BWLPGOil and Gas

The Bull Case For BWG (OB:BWLPG) Could Change Following Q3 Profit Drop And Firm Dividend Payout

BW LPG Limited has reported past third-quarter 2025 net income of US$57.07 million, down from US$104.68 million a year earlier, while also approving a Q3 cash dividend of US$0.40 per share payable in December. This combination of softer earnings and a relatively generous dividend highlights management’s continued emphasis on cash returns to shareholders despite weaker profitability. We’ll now examine how the sizeable Q3 cash dividend, declared alongside weaker earnings, reshapes BW LPG’s...
OB:VAR
OB:VAROil and Gas

Should Johan Castberg Isflak Tie-in Approval Require Action From Vår Energi (OB:VAR) Investors?

Vår Energi ASA and its partners have approved the Johan Castberg Isflak tie-in development in the Barents Sea, including new Increased Oil Recovery wells and the Drivis Tubåen discovery, with first production targeted for the fourth quarter of 2028 via existing Johan Castberg infrastructure. This decision is important because it aims to extend plateau output from Johan Castberg towards 2030, supporting Vår Energi’s plan to sustain production of 350,000 to 400,000 barrels of oil equivalent...
OB:ORK
OB:ORKFood

Orkla (OB:ORK) Valuation Check as India Expansion and Acquisition Push Drives Investor Interest

Orkla (OB:ORK) is back on investors radar after Orkla India's CEO outlined an expansion push built around acquisitions, quick delivery apps, and ready-to-eat meals, targeting a return to double digit growth from 2026. See our latest analysis for Orkla. Those India expansion plans land at a time when momentum is quietly rebuilding, with Orkla’s share price returning 10.64% year to date and its one year total shareholder return reaching 16.34%, backed by an impressive three year total...
OB:DNO
OB:DNOOil and Gas

Renewed Kurdistan Drilling And 500 Million Barrels Milestone Could Be A Game Changer For DNO (OB:DNO)

DNO ASA recently announced that it has passed 500 million barrels of cumulative production from the Tawke license in Kurdistan and restarted drilling after a two-and-a-half-year pause, with two rigs set to support a broader well program. This marks a renewed operational push in Kurdistan as the company targets a 25% increase in gross operated output, underlining management’s confidence in extracting additional volumes from these mature fields. We’ll now explore how this renewed Kurdistan...
OB:PUBLI
OB:PUBLIReal Estate

Planned Dividend Doubling Could Be A Game Changer For Public Property Invest (OB:PUBLI)

The Board of Directors of Public Property Invest ASA has already signaled its intention to propose a total dividend of NOK 1.00 per share at the 2026 AGM, to be paid in four quarterly installments of NOK 0.25 between July 2026 and April 2027. This plan would double the dividend from NOK 0.50 per share approved for 2025, underlining the Board’s confidence in cash earnings and commitment to its policy of distributing up to 60% of these cash flows. We’ll now examine how this planned doubling of...
OB:NHY
OB:NHYMetals and Mining

Norsk Hydro (OB:NHY): Reassessing Valuation After Long‑Term Energy Deal for Tomago Smelter

The new Australian and New South Wales government deal to secure long term energy for the Tomago smelter puts a clearer floor under Norsk Hydro (OB:NHY)'s regional earnings and long range decarbonisation roadmap. See our latest analysis for Norsk Hydro. That backdrop helps explain why Norsk Hydro's NOK 75.8 share price sits on solid footing, with a 90 day share price return of 12.1 percent and a five year total shareholder return of 148.8 percent. Together, these signal momentum that...
OB:AKRBP
OB:AKRBPOil and Gas

Aker BP (OB:AKRBP): Valuation Check After New Lofn and Langemann North Sea Gas Discoveries

Aker BP (OB:AKRBP) just added another discovery to its growing North Sea pipeline, announcing new gas and condensate finds at the Lofn and Langemann wells that further strengthen its medium term production story. See our latest analysis for Aker BP. These finds add to a run of successful campaigns like Omega Alfa and Kjottkake, and while the 1 month share price return is still in the red, the roughly mid single digit year to date share price gain alongside a strong 1 year total shareholder...
OB:YAR
OB:YARChemicals

How Investors Are Reacting To Yara International (OB:YAR) Exploring Major Low-Emission Ammonia Projects With Air Products

Yara and Air Products recently announced they are in advanced negotiations to partner on large low-emission ammonia projects in the US and Saudi Arabia, including potential investment of roughly US$8–9 billion in Air Products’ Louisiana Clean Energy Complex and a marketing role in the nearly complete NEOM Green Hydrogen Project. This potential partnership could reshape Yara’s role in the low-carbon ammonia value chain by pairing its global distribution network with long-term access to...
OB:NOD
OB:NODSemiconductor

Nordic Semiconductor (OB:NOD) Valuation Check Following New Direct-to-Satellite IoT Platform Launch

Nordic Semiconductor (OB:NOD) just took a meaningful step deeper into satellite IoT, launching its nRF9151 SMA Development Kit and new modem firmware that adds NB-IoT NTN support for direct-to-satellite connectivity. See our latest analysis for Nordic Semiconductor. The timing of this launch comes after a choppy spell for the stock, with a 90 day share price return of minus 13.14 percent, but a strong year to date share price return of 27.73 percent and a 1 year total shareholder return of...
OB:BNOR
OB:BNOROil and Gas

BlueNord (OB:BNOR): Valuation Check After Strong Tyra Ramp-Up and Better-Than-Expected Production

BlueNord (OB:BNOR) just posted preliminary November production numbers that highlight a smooth ramp up at the Tyra hub and stronger than expected output from its legacy Danish fields, giving investors fresh data to reassess value. See our latest analysis for BlueNord. Even with this operational outperformance, the 1 month share price return of minus 14.29 percent and year to date share price return of minus 37.61 percent show sentiment has been weak. However, a 5 year total shareholder return...
OB:WAWI
OB:WAWIShipping

Wallenius Wilhelmsen (OB:WAWI): Valuation Check After Securing Long-Term, Sustainability-Linked Shipping Contracts

Wallenius Wilhelmsen (OB:WAWI) just locked in extensions on two major shipping contracts worth an estimated USD 500 million, stretching key customer relationships to 2028 and 2030 and sharpening its long term revenue visibility. See our latest analysis for Wallenius Wilhelmsen. The market seems to be catching on to that stability, with a 1 month share price return of 21.54 percent and a 1 year total shareholder return of 31.09 percent, building on an impressive 666.01 percent total...