OB:AKRBP
OB:AKRBPOil and Gas

Aker BP (OB:AKRBP) Margin Slide Undercuts Bullish Thesis Despite Strong Growth Outlook

Aker BP (OB:AKRBP) delivered mixed headline results: revenue is forecast to grow 5.3% per year, topping the broader Norwegian market’s 2.6% annual pace. Earnings are expected to rise at a 16.2% clip, which is faster than the domestic average of 13.7%. Despite this positive outlook, the company’s net profit margin has slipped to 6.2% compared to 13.6% last year, and earnings growth turned negative over the most recent period after averaging 24.3% per year over the last five years. As investors...
OB:BRG
OB:BRGChemicals

Borregaard (OB:BRG) Margin Gain Reinforces Bullish Narrative as Earnings, Valuation Outpace Market

Borregaard (OB:BRG) delivered a solid earnings report, with EPS growth averaging 11.7% per year over the past five years and a 10.6% increase in the most recent period. The company maintains a strong net profit margin of 11.4%, up from 11% last year. With no flagged risks and high quality earnings, forward-looking estimates show anticipated annual earnings growth of 14.41%, which is set to outpace broader Norwegian market trends. These results, along with a price-to-earnings ratio below peer...
OB:OET
OB:OETOil and Gas

Okeanis Eco Tankers (OB:OET): Exploring Valuation After Strong Three-Month Share Price Gains

Okeanis Eco Tankers (OB:OET) has seen solid share price gains over the past three months. Investors have been watching its steady performance and returns, even as shipping industry dynamics continue to evolve. See our latest analysis for Okeanis Eco Tankers. Okeanis Eco Tankers’ share price has climbed steadily this year, notching a 24.55% year-to-date gain and an impressive 25.56% rise over the past 90 days. While its one-year total shareholder return is flat, the standout story is the...
OB:NAS
OB:NASAirlines

Norwegian (OB:NAS) Earnings Guidance Lags Market, Undervalued Signals Reinforce Cautious Bull Case

Norwegian Air Shuttle (OB:NAS) delivered robust growth in recent years, with revenue forecast to rise 6.7% annually and earnings having grown by an impressive 78.8% per year over the last five years. However, the outlook is more muted as current earnings are projected to expand by just 0.4% per year, which is well below the Norwegian market’s 13.7% expectation. Net profit margins narrowed to 4.9% from 5.5% a year ago. Despite these softer forward numbers, the company’s sustained profit growth...
OB:EQNR
OB:EQNROil and Gas

Equinor (OB:EQNR) Valuation: Is the Recent Share Price Dip an Opportunity for Investors?

Equinor (OB:EQNR) stock edged up slightly in recent trading, sparking interest among investors who are watching for signs of momentum. The company’s shares have faced pressure over the past month, which has created debate about potential value opportunities. See our latest analysis for Equinor. While the recent share price wobble has drawn fresh attention, Equinor’s longer-term picture highlights more meaningful shifts. Over the last year, the stock’s 1-year total shareholder return is down...
OB:VAR
OB:VAROil and Gas

Vår Energi (OB:VAR) Margins Hold Steady, Valuation Discount Fuels Debate on Profit Visibility

Vår Energi (OB:VAR) maintained a net profit margin of 7.8%, unchanged from last year, with annual earnings growth over the past year at just 0.8%. This is notably lower than its five-year average of 24.2% per year. Looking ahead, the company forecasts earnings and revenue to grow at 4.5% per year, and its share price of NOK 32.9 currently sits below an estimated fair value. These results come as the company cements its return to profitability over the five-year period, though investors are...
OB:AKER
OB:AKERIndustrials

The Bull Case For Aker (OB:AKER) Could Change Following Joint Venture Launch in Sovereign AI Infrastructure

Aker and Nscale Global Holdings recently completed the closing of their 50/50 joint venture in Narvik, Northern Norway, launching "Aker Nscale" to provide secure, scalable, and energy-efficient infrastructure geared for sovereign AI workloads across Europe. This collaboration signals Aker’s accelerated entry into the AI infrastructure space, underscored by Kristian Røkke’s appointment as CEO and a broad operational presence in Norway. We'll examine how Aker's push into sovereign AI...
OB:TGS
OB:TGSEnergy Services

Why TGS (OB:TGS) Is Up 6.5% After Securing a Major Gulf of America OBN Survey Contract

On October 20, 2025, TGS announced it was awarded an ocean-bottom node (OBN) acquisition contract for a 4D monitor survey in the Gulf of America, scheduled to begin in the fourth quarter of 2025 and last about 4.5 months. This contract, which was not previously included in TGS's reported backlog, highlights the company's momentum in a key market and its ability to secure incremental business outside earlier projections. We'll explore how this new Gulf of America contract strengthens TGS's...
OB:SCATC
OB:SCATCRenewable Energy

Is IFC-Backed African Solar Expansion Shifting the Investment Case for Scatec (OB:SCATC)?

Scatec announced that its subsidiary Release has signed lease agreements for 64 MW of solar power and 10 MWh of battery storage projects in Liberia and Sierra Leone, backed by a US$100 million loan and a US$65 million guarantee facility from the World Bank's IFC. These are the first projects using Release’s new in-house solar panel mounting structure and reflect ongoing efforts to offer affordable, clean energy with reduced financial risk to African utilities. We will examine how IFC's...
OB:VEI
OB:VEIConstruction

A Look at Veidekke (OB:VEI) Valuation Following Key Win on Gothenburg West Link Rail Project

Veidekke (OB:VEI) has just been tapped by the Swedish Transport Administration to take over pivotal works on the Korsvagen stretch of Gothenburg’s West Link rail project. This follows the sudden end of the prior contractor’s agreement and puts Veidekke into a demanding, evolving contract. See our latest analysis for Veidekke. Veidekke’s selection for this critical infrastructure project comes soon after its recent contract win to build a new cultural centre near Stockholm, further lifting its...
OB:TOM
OB:TOMMachinery

Tomra Systems (OB:TOM): Evaluating Valuation After Q3 Miss and Poland Deposit Return System Launch

Tomra Systems (OB:TOM) is in the spotlight after its third-quarter update, which showed earnings trailing market expectations, largely due to ongoing softness in Recycling. At the same time, momentum is building with a major order tied to Poland’s new deposit return system. See our latest analysis for Tomra Systems. Tomra’s share price has taken a sharp hit in the wake of its Q3 results, falling 24% over the past month and down 21% year-to-date, as investors react to recent earnings misses...
OB:YAR
OB:YARChemicals

Yara International (OB:YAR) Profit Margin Surges, Reinforcing Bullish Valuation Narrative

Yara International (OB:YAR) posted a net profit margin of 4.8%, up from 1.8% last year, and delivered an earnings growth of 166.5% over the past year, reversing its prior five-year average annual decline of 13%. Looking ahead, analysts project revenue growth of 1.5% and earnings growth of 2.6% per year, trailing the broader Norwegian market. With shares currently trading below fair value, expanding profit margins and a valuation discount compared to industry peers are key themes for...
OB:EQNR
OB:EQNROil and Gas

Is There Now an Opportunity in Equinor Shares After Recent Stock Slide?

Thinking about what to do with your Equinor shares, or whether to jump in while the price is catching your eye? You’re not alone. For anyone weighing their options, Equinor’s recent performance might seem like a rollercoaster. The stock is down 2.4% over the past week and 3.7% in the last month. It has even dipped 16.2% year-to-date. Before you rule out the energy giant, remember that its five-year return still stands strong at 156.8%. This highlights significant long-term growth potential...
OB:TOM
OB:TOMMachinery

Will Tomra (OB:TOM) Leverage Poland’s Reverse Vending Deal to Broaden Its European Footprint?

Earlier this week, Polish retail chain Dino Polska announced it has ordered 3,000 reverse vending machines from Tomra Systems, following the October launch of Poland's national deposit return system. This major order highlights the growing role of regulatory-driven recycling initiatives in expanding Tomra's market potential across new European regions. We'll examine how this significant contract win could shape Tomra's outlook for growth in reverse vending and collection solutions. Explore...
OB:PCIB
OB:PCIBBiotechs

3 European Penny Stocks With Market Caps Under €30M To Consider

The European market recently experienced a downturn, with the pan-European STOXX Europe 600 Index falling by 1.10%, as political turmoil and international trade tensions weighed on investor sentiment. Amid these broader economic challenges, penny stocks—though often viewed as a niche investment area—can still present intriguing opportunities for growth, particularly when they are backed by strong financial health. In this article, we will explore several European penny stocks that combine...
OB:WAWI
OB:WAWIShipping

Is Wallenius Wilhelmsen’s (OB:WAWI) Profitability Vulnerable to Shifting US Port Fee Structures?

Earlier this week, Wallenius Wilhelmsen ASA announced that although its third quarter 2025 results were not impacted by US port fees, it anticipates that these fees may begin affecting operational costs in the fourth quarter. This update highlights the sensitivity of the company's outlook to changes in US port fee structures, with potential implications for profitability in the latter part of 2025. We’ll examine how Wallenius Wilhelmsen’s warning about higher US port costs could influence...
OB:LSG
OB:LSGFood

Will Higher Salmon and Trout Harvests Reframe Lerøy Seafood Group's (OB:LSG) Expansion Narrative?

Lerøy Seafood Group ASA recently announced its third quarter 2025 production results, reporting a total harvest volume of 59,100 GWT for salmon and trout, which is up from 51,400 GWT in the same period last year, excluding Scottish Seafarms. This operational update highlights continued growth in harvest volumes, with increases in salmon and trout production providing further evidence of the company’s capacity expansion initiatives. We'll assess how the stronger salmon and trout harvest...
OB:NOD
OB:NODSemiconductor

Does 5G IoT Via LEO Satellites Redefine the Growth Outlook for Nordic Semiconductor (OB:NOD)?

Earlier this month, Sateliot, Nordic Semiconductor, and Gatehouse Satcom achieved the world’s first 5G IoT data transmission between a standard commercial cellular IoT device and a Low Earth Orbit (LEO) satellite, meeting the 3GPP 5G NB-IoT Release 17 standard and enabling seamless global connectivity without hardware changes. This technical advance has the potential to transform Sateliot’s LEO satellites into “cell towers in space,” opening new markets by extending IoT coverage to 80% of...
OB:PROT
OB:PROTInsurance

How Protector Forsikring’s Strong Q2 and Rating Upgrade Could Shape Investor Sentiment (OB:PROT)

In recent weeks, Protector Forsikring ASA reported strong second-quarter 2025 results, highlighted by 16% growth in local currencies and an 84.9% combined ratio, alongside receiving approval for the listing of NOK500 million in subordinated Tier 2 bonds on Oslo Børs. The company's upgrade in credit rating, leading broker satisfaction rankings in the UK for an eighth consecutive year, and announcement of a dividend reflect confidence in its financial outlook and competitive positioning. To...