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:EQNR
OB:EQNROil and Gas

How Will Equinor’s (OB:EQNR) Recent Debt Issuance Influence Its Long-Term Financial Strategy?

Equinor recently completed substantial debt capital market transactions in the US, issuing US$250 million of 4.25% notes due 2028, US$250 million of 4.50% notes due 2030, and US$1 billion of 4.75% notes due 2035 under its US Shelf Registration Statement. The proceeds, intended for general corporate purposes such as debt repayment and liquidity enhancement, highlight Equinor’s focus on maintaining financial flexibility in a shifting energy landscape. We'll examine how this move to bolster...
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...
OB:AFG
OB:AFGConstruction

How AF Gruppen’s (OB:AFG) NOK 582 Million Wastewater Contract Has Reframed Its Sustainability Investment Story

MOVAR IKS has announced that it has selected AF Gruppen as the general contractor for a NOK 582 million contract to expand the Fuglevik wastewater treatment plant in Moss Municipality, with construction scheduled to begin in December 2025 and be completed by December 2029. This project stands out for its strong sustainability focus, including the use of environmentally friendly materials and a fossil-free construction site, aligning with evolving industry standards for green...
OB:BWE
OB:BWEOil and Gas

BW Energy (OB:BWE): Assessing Valuation Following Encouraging Kharas-1 Hydrocarbon Discovery Update

BW Energy (OB:BWE) has updated investors on the Kharas-1 appraisal well in the Kudu license, reporting several intervals that show hydrocarbon presence. The well reached total depth, and ongoing analysis and additional work are planned to clarify reservoir potential. See our latest analysis for BW Energy. Following this encouraging update from the Kharas-1 well, BW Energy’s momentum is hard to ignore. The stock’s year-to-date share price return sits at an impressive 63.75%, and the one-year...
OB:YAR
OB:YARChemicals

The Bull Case For Yara International (OB:YAR) Could Change Following EU Carbon Policy Shifts and Market Upgrades

In recent days, Jefferies upgraded Norwegian fertilizer producer Yara International to "buy," citing a tightening nitrogen market, declining gas costs, and favorable changes in European climate policy, particularly the upcoming Carbon Border Adjustment Mechanism (CBAM) set to begin in 2026. Analysts highlight that these developments could potentially reverse Yara’s historical carbon-cost disadvantage, creating a more competitive edge in the region. We will examine how the EU’s new CBAM...
OB:NOD
OB:NODSemiconductor

Can Nordic Semiconductor's (OB:NOD) Mixed Profit Trends Reshape Its Long-Term Growth Narrative?

Nordic Semiconductor ASA reported its third quarter and nine-month earnings for the period ended September 30, 2025, with quarterly sales rising to US$178.97 million and net income dropping to US$0.85 million compared to the prior year. While the third quarter saw a drop in net income, the nine-month results reflect a swing to profitability from a net loss last year, highlighting contrasting short- and long-term financial trends. We'll now explore how strong nine-month sales growth and a...
OB:DNB
OB:DNBBanks

How DNB Bank’s Share Buy-Back Program Could Shape Capital Allocation for OB:DNB Investors

Earlier this week, DNB Bank ASA announced the launch of a share buy-back programme covering up to 1% of its shares, up to 14,776,048 shares, with purchases running through February 2026 and a proposal to cancel repurchased shares at the next AGM. This move includes plans to redeem shares from the Norwegian Government to maintain its 34% ownership, signaling disciplined capital management and a focus on shareholder returns. We’ll review how this substantial share buy-back initiative could...
OB:WAWI
OB:WAWIShipping

Assessing Wallenius Wilhelmsen (OB:WAWI) Valuation Following Improved Profitability in Q3 2025 Results

Wallenius Wilhelmsen (OB:WAWI) just released its third quarter 2025 earnings, with sales showing a slight decline year over year, while net income and basic earnings per share both moved higher. The nine-month figures reveal stronger profitability as well. See our latest analysis for Wallenius Wilhelmsen. Wallenius Wilhelmsen’s latest report landed shortly after a strong run in its share price, with a 7-day return of 11.8% catching attention. Despite some pullback recently, the stock’s...
OB:SNI
OB:SNIShipping

Stolt-Nielsen (OB:SNI) Valuation in Focus After Board Approves Interim Dividend

Stolt-Nielsen (OB:SNI) just announced an interim dividend payment approved by its Board of Directors. This move often signals the company’s current cash position and capital allocation priorities to investors watching the stock. See our latest analysis for Stolt-Nielsen. Stolt-Nielsen’s interim dividend announcement comes as momentum continues to build, with a 6.96% share price return over the last month and a robust 27.37% total shareholder return over the past year. Recent executive...