OB:NAS
OB:NASAirlines

A Look at Norwegian (OB:NAS) Valuation Following Share Buy-Back Programme Announcement

Norwegian Air Shuttle (OB:NAS) is launching a share buy-back programme, engaging DNB Carnegie to repurchase up to 3,000,000 shares as part of ongoing employee and executive incentive schemes. The move is authorized by the company’s AGM and complies with EU regulations. See our latest analysis for Norwegian Air Shuttle. Norwegian Air Shuttle’s latest buy-back program comes during a year when the stock’s share price has climbed 35.8% year-to-date. However, recent weeks have been more turbulent,...
OB:OET
OB:OETOil and Gas

Okeanis Eco Tankers (OB:OET): Valuation Insights Following Equity Offering, Strong Q3 Results and Higher Dividend

Okeanis Eco Tankers (OB:OET) has just filed for a follow-on equity offering, bringing attention to its capital strategy. Investors are considering this move along with fresh third-quarter results and an increased dividend payout. See our latest analysis for Okeanis Eco Tankers. After a strong stretch that included increased dividends and robust third-quarter earnings, Okeanis Eco Tankers’ announcement of a follow-on equity offering quickly stirred up the market. While some investors are wary...
OB:DOFG
OB:DOFGEnergy Services

DOF Group (OB:DOFG) Is Down 6.6% After Securing Multi-Year bp Subsea Services Contract Is the Long-Term Outlook Affected?

DOF Group ASA announced in November 2025 that it secured a 3-year firm contract, with 2 years of options, to provide subsea services for bp in the Atlantic region, deploying a high-capability vessel for subsea construction, installation, and maintenance starting in early 2026. This agreement highlights DOF's capacity to win multi-year contracts with major energy clients, enhancing long-term operational visibility in a highly competitive offshore services sector. We’ll examine how this new...
OB:SCATC
OB:SCATCRenewable Energy

Did Scatec’s (OB:SCATC) Floating Solar Deal Mark a New Chapter in Its Regional Growth Story?

Scatec and its joint venture partner Aboitiz Renewables recently announced securing a 20-year Power Purchase Agreement for a 68 MW floating solar project in the Philippines through SNAP, their local partnership, as part of the country’s Green Energy Auction Program 4. This development illustrates how hybrid projects that integrate solar, hydropower, and battery storage can accelerate the Philippines’ renewable energy targets while broadening Scatec’s regional portfolio. We’ll explore how...
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: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: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: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: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:WWI
OB:WWIShipping

Will Wilh. Wilhelmsen Holding’s (OB:WWI) Dividend Hike and Earnings Growth Change Its Investment Narrative?

Wilh. Wilhelmsen Holding ASA recently reported third quarter 2025 earnings, showing increased sales and net income compared to the previous year, and approved a cash dividend of NOK 8.00 per share to be paid on November 20, 2025. The combination of improved financial performance and a new dividend underscores the company’s ability to generate cash while maintaining shareholder returns. We'll examine how the stronger quarterly earnings and dividend approval could shape Wilhelmsen Holding’s...
OB:VAR
OB:VAROil and Gas

Vår Energi (OB:VAR) Valuation in Focus After Special Dividend Payout Approval

Vår Energi (OB:VAR) just wrapped up an extraordinary general meeting where shareholders gave the green light to a hefty dividend payout for the third quarter. This move highlights management’s focus on rewarding investors directly. See our latest analysis for Vår Energi. On the heels of that dividend approval, Vår Energi’s share price has shown solid momentum in recent weeks, with a 1-month share price return of nearly 7%. This recaptures some ground after a softer start to the year...
OB:VEND
OB:VENDInteractive Media and Services

Vend Marketplaces (OB:VEND) Valuation in Focus as Share Issue Deadline Approaches

Vend Marketplaces (OB:VEND) has set November 13, 2025, as the deadline for its ongoing share issue, giving eligible A shareholders one last chance to buy in before the subscription period closes. This update carries weight for existing investors because the completion of the share issue could influence the company’s capital structure and how the market perceives its shares. See our latest analysis for Vend Marketplaces. The share price has pulled back over the past three months, with a 90-day...
OB:AUTO
OB:AUTOMachinery

What Does AutoStore's (OB:AUTO) Profit Growth Amid Falling Sales Reveal About Its Competitive Positioning?

AutoStore Holdings Ltd. recently announced its third quarter 2025 earnings, reporting sales of US$139 million and net income of US$32.2 million, compared to last year’s US$144.2 million and US$31.1 million, respectively. Despite the quarterly improvement in net income, the company’s results for the first nine months of 2025 highlighted significantly lower revenue and profits than the same period in the previous year. With the quarterly net income increase amid declining sales, we’ll now...
OB:WAWI
OB:WAWIShipping

Should Higher Profits Despite Lower Sales Prompt Action From Wallenius Wilhelmsen (OB:WAWI) Investors?

Wallenius Wilhelmsen ASA recently reported third quarter 2025 earnings, posting net income of US$255 million and earnings per share from continuing operations of US$0.60, both higher than the same period last year, despite a slight dip in sales. This improvement in profitability, even with stable nine-month revenues, highlights the company's ability to manage costs and maintain margins in a challenging market. We'll explore how Wallenius Wilhelmsen's higher quarterly profits and disciplined...
OB:MOWI
OB:MOWIFood

Mowi (OB:MOWI) Valuation in Focus After Upbeat Growth Guidance and Nova Sea Integration

Recent updates have made Mowi (OB:MOWI) a topic of discussion for investors, as the company raised its harvest volume forecasts for 2025 and 2026 after consolidating Nova Sea. This, combined with new index inclusion and upbeat sector outlooks, is shifting sentiment positively. See our latest analysis for Mowi. Mowi’s positive developments, including index inclusion and ambitious harvest targets, have energized the stock’s momentum. After some volatility earlier in the year, Mowi’s share price...
OB:SNI
OB:SNIShipping

CFO Succession and Dividend Hike Might Change the Case for Investing in Stolt-Nielsen (OB:SNI)

On November 7, 2025, Stolt-Nielsen Limited announced that CFO Jens F. Grüner-Hegge will retire during the second half of 2026, with Alex Ng, Vice President of Corporate Development & Strategy, appointed as CFO Designate to take over the role in August 2026; the Board also approved an interim dividend of US$1.00 per share, payable on December 3, 2025. This planned leadership transition and dividend decision highlights the company's ongoing focus on executive continuity and shareholder returns...
OB:DOFG
OB:DOFGEnergy Services

DOF Group (OB:DOFG) Valuation in Focus Following Strong Earnings and Major Contracts With bp, Petrobras

DOF Group (OB:DOFG) delivered strong growth in sales and net income for the third quarter and nine months ending September 2025, and also secured major new contracts with global clients bp and Petrobras. Investors are taking note as operational momentum builds. See our latest analysis for DOF Group. The share price has climbed 14.4% year-to-date, with a one-year total shareholder return of 17.7%. This reflects the clear momentum from DOF Group’s expanding contract wins and improved...