OB:BWLPG
OB:BWLPGOil and Gas

BWG Takeover Rules Clarified As Valuation Gap And Risks Draw Focus

BW LPG Limited, trading as BWG (OB:BWLPG), has received formal clarification on takeover rules. Singapore authorities have granted a waiver from Singapore's takeover code. U.S. and Norwegian takeover regulations will continue to apply, after the Norwegian regulator chose not to grant an exemption. For you as an investor looking at BWG at NOK139.4 per share, this is essentially an update on the rulebook that would apply in any future takeover situation. The stock has delivered a 21.0% return...
OB:EQNR
OB:EQNROil and Gas

What Equinor (OB:EQNR)'s New Gas Find and Lithium Financing Progress Means For Shareholders

Equinor recently reported a gas and condensate discovery with Orlen in the Sissel prospect offshore Norway and advanced its Smackover Lithium joint venture, supported by interest from major Export Credit Agencies in more than US$1 billion of senior secured project debt for Phase 1 of the South West Arkansas Project. Together, these developments highlight Equinor’s efforts to deepen its conventional energy resource base while also building exposure to lithium as a critical input for the...
OB:ATEA
OB:ATEAIT

A Look At Atea (OB:ATEA) Valuation After Renewed Global Sustainability Recognition

Atea (OB:ATEA) is back in the spotlight after being named to Corporate Knights’ Global 100 Index for 2026, ranking 92nd overall and leading the IT Services Division for the fifth year. See our latest analysis for Atea. The recent recognition for sustainability leadership comes as Atea’s share price, at NOK159.0, sits on the back of a 30-day share price return of 2.19% and a 90-day share price return of 5.30%. Its 1-year total shareholder return of 23.49% and 3-year total shareholder return of...
OB:VAR
OB:VAROil and Gas

Vår Energi (OB:VAR) Valuation Check After Zagato Appraisal Boosts Barents Sea Resource Potential

Vår Energi (OB:VAR) has reported new appraisal results from the Zagato structure in the Goliat Ridge area, confirming reservoir and oil quality and adding recoverable volumes after successful production tests with flow rates above 4,000 barrels per day. See our latest analysis for Vår Energi. The appraisal success at Zagato comes as Vår Energi’s NOK34.71 share price sits on a 9.81% 1 month share price return and a 10.60% 1 year total shareholder return, suggesting recent momentum has been...
OB:VEI
OB:VEIConstruction

Should Veidekke’s New NOK 460m Bane NOR Rail Contract Reshape OB:VEI Investors’ Infrastructure Thesis?

In January 2026, Veidekke announced it had signed a NOK 460 million (excluding VAT) construction contract with Bane NOR to renew railway tracks across five sections in Eastern Norway, involving 46 kilometres of track, about 90,000 tonnes of ballast and more than 75,000 sleepers. This contract underlines Veidekke’s role as a key contractor in Norway’s rail infrastructure, expanding its portfolio of complex, large-scale civil engineering work. Next, we will examine how winning this extensive...
OB:BWE
OB:BWEOil and Gas

Assessing BW Energy (OB:BWE) Valuation After Q4 2025 Production And Cost Update

What BW Energy’s latest production update tells you BW Energy (OB:BWE) has just released its Q4 and full year 2025 operating results, giving investors fresh data on production volumes, field performance and cost levels across its core assets. Net production attributable to BW Energy reached 2.3 million barrels in Q4 2025, or 25.2 thousand barrels of oil per day, from the Dussafu field in Gabon and the Golfinho field in Brazil. The company highlighted that fourth quarter output was affected by...
OB:TEL
OB:TELTelecom

Is Telenor (OB:TEL) Pricing Look Interesting After Strong Multi Year Share Gains

If you are wondering whether Telenor's current share price reflects its underlying value, you are not alone. This article will walk you through what the numbers are actually saying about the stock. At a last close of NOK154.90, Telenor's share price sits against a backdrop of returns of 8.2% over the past week, 7.7% over the past month, 6.2% year to date, 23.9% over one year, 82.7% over three years, and 55.4% over five years. Recent attention on Telenor has been shaped by ongoing coverage of...
OB:DNB
OB:DNBBanks

The Bull Case For DNB Bank (OB:DNB) Could Change Following Its Ongoing Share Buy-Back And Cancellation Plan - Learn Why

In October 2025, DNB Bank ASA launched a share buy-back programme of up to 14,776,048 shares, and by week 3 of 2026 had repurchased 8,540,198 shares, with a proposal to cancel these shares at the next Annual General Meeting. This ongoing reduction in the share count through buy-backs can influence how investors interpret the bank’s capital allocation priorities and ownership structure. We will now examine how DNB Bank’s continued share buy-back activity shapes its investment narrative and...
OB:SNI
OB:SNIShipping

A Look At Stolt-Nielsen (OB:SNI) Valuation After Recent Share Price Momentum

Recent share performance and business snapshot Stolt-Nielsen (OB:SNI) has drawn fresh attention after a recent move in its share price, with the stock showing positive returns over the past week, month and past 3 months. The London based company operates globally in bulk liquid transportation, storage, tank containers, seafood and gas. This gives investors exposure to several niche logistics and aquaculture markets within a single stock. See our latest analysis for Stolt-Nielsen. At a share...
OB:DOFG
OB:DOFGEnergy Services

A Look At DOF Group (OB:DOFG) Valuation After The New Hammerhead FPSO Contract Win

DOF Group (OB:DOFG) is back in focus after securing a large turn key contract from MODEC Guyana for mooring pre lay services on the Hammerhead FPSO project, with offshore execution planned from 2027. See our latest analysis for DOF Group. The contract news lands alongside a 14.8% 1 month share price return and 20.7% 3 month share price return, while the 1 year total shareholder return of 27.9% points to momentum building rather than fading at around NOK108.2 per share. If this kind of...
OB:SCATC
OB:SCATCRenewable Energy

Assessing Scatec’s (OB:SCATC) Valuation After Record Egypt Solar And Battery PPA

Scatec’s Egypt PPA: Why this deal matters for shareholders Scatec (OB:SCATC) has signed a 25 year, USD denominated Power Purchase Agreement in Egypt for 1.95 GW of solar and 3.9 GWh of battery storage, its largest investment to date. See our latest analysis for Scatec. The Egypt PPA comes as Scatec’s NOK118.8 share price has logged a 12.71% 1 month share price return and a 13.14% 3 month share price return, while the 1 year total shareholder return of 56.83% contrasts with a 5 year total...
OB:AKRBP
OB:AKRBPOil and Gas

A Look At Aker BP (OB:AKRBP) Valuation After Preliminary 2025 Production And Sales Update

Aker BP (OB:AKRBP) shares moved after the company released preliminary fourth quarter and full year 2025 figures, highlighting net production of 410.6 mboepd and net volume sold of 431.4 mboepd for the quarter. See our latest analysis for Aker BP. The preliminary production and sales update comes after a period of firm share price gains, with the 30 day share price return of 11.26% and year to date share price return of 7.62% helping to underpin a 1 year total shareholder return of 25.53% and...
OB:DOFG
OB:DOFGEnergy Services

Should DOF’s Hammerhead FPSO Mooring Contract in Guyana Require Action From DOF Group (OB:DOFG) Investors?

On 19 January 2026, DOF Group ASA announced a large turn-key contract with MODEC Guyana Inc. to deliver mooring pre-lay services for the Hammerhead FPSO project offshore Guyana, with offshore execution planned for the second and third quarters of 2027 using the Skandi Implementer and Skandi Skansen vessels. This award broadens DOF Group’s subsea project pipeline in the Americas and underscores the role of its North America team in managing complex offshore work scopes end-to-end. We’ll now...
OB:TGS
OB:TGSEnergy Services

TGS (OB:TGS) Valuation Check As APEX 1 OBN Seismic Project Targets New Industry Benchmark

TGS (OB:TGS) has drawn investor attention after announcing APEX 1, a next generation multi client Ocean Bottom Node seismic survey in the Gulf of America. The project is supported by industry funding and is aimed at detailed subsurface imaging. See our latest analysis for TGS. The APEX 1 announcement lands after a mixed run for investors, with a 30 day share price return of 11.36% and a 1 year total shareholder return of 13.54% decline. This suggests that recent momentum is improving while...
OB:OLT
OB:OLTReal Estate

Does Olav Thon Eiendomsselskap’s (OB:OLT) Floating Rate Debt Reliance Quietly Redefine Its Risk Profile?

Olav Thon Eiendomsselskap ASA recently completed a NOK 300 million fixed-income offering, issuing floating rate unsecured notes due 2034 at 100% of principal, with a variable coupon. This move highlights the company’s continued use of unsecured, floating rate debt as a tool for funding flexibility and liquidity planning. We will now examine how this new NOK 300 million unsecured floating rate bond issue shapes Olav Thon Eiendomsselskap’s investment narrative. Rare earth metals are the new...
OB:SB1NO
OB:SB1NOBanks

SpareBank 1 Sør-Norge (OB:SB1NO) Valuation Check As Share Buy-Back Programme Continues

Share buy-back puts SpareBank 1 Sør-Norge (OB:SB1NO) in focus SpareBank 1 Sør-Norge (OB:SB1NO) has attracted fresh attention after continuing its share buy-back programme, purchasing 305,000 shares in week 3 of 2026 as part of a planned repurchase of up to 1.0% of its share capital. With 1,281,013 shares now acquired under the programme, equal to 0.34% of issued shares, investors are weighing what this renewed buying activity might suggest about management’s capital priorities and the stock’s...
OB:GIGA
OB:GIGAFood

Gigante Salmon (OB:GIGA) Turns Q4 Profit As Loss-Making TTM Story Persists

Gigante Salmon (OB:GIGA) has just wrapped up FY 2025 with Q4 revenue of NOK 26.9m and basic EPS of NOK 0.017, while the trailing twelve months show revenue of NOK 71.6m and a small net loss of NOK 0.225m, or basic EPS of NOK 0.001. Over recent quarters the company has seen revenue move between NOK 0 and NOK 44.7m per quarter, with basic EPS ranging from a loss of NOK 0.026 to a profit of NOK 0.017. This context puts the focus on how sustainably margins are taking shape from here. See our full...
OB:MOWI
OB:MOWIFood

Assessing Mowi (OB:MOWI) Valuation After Record 2025 Harvest Volumes And Strong Earnings Execution

Mowi (OB:MOWI) has caught investor attention after reporting record-high 2025 harvest volumes of 559,000 tonnes, up 11.4% from 2024, alongside Q4 operational EBIT of about €213 million and lower farming costs. See our latest analysis for Mowi. Despite the record harvest and lower farming costs, Mowi’s recent 30 day share price return of an 11.83% decline and year to date share price return of a 12.12% decline contrast with its 1 year total shareholder return of 4.69%, which points to longer...
OB:DNO
OB:DNOOil and Gas

How Strong North Sea Sales and New Finds Will Impact DNO (OB:DNO) Investors

DNO ASA has released its fourth-quarter 2025 operating update, reporting higher gross and net entitlement production alongside sharply increased sales volumes from both Kurdistan and the North Sea compared with a year earlier. Beyond the production uplift, the quarter also saw two potentially commercial oil discoveries on the Norwegian Continental Shelf, which may offer future tie-back opportunities to existing infrastructure. Next, we will explore how this strong uplift in North Sea sales...