OB:DNO
OB:DNOOil and Gas

Why DNO (OB:DNO) Is Up After North Sea Output Surges and Bridge Loan Is Repaid

DNO ASA announced its third quarter 2025 operating results, highlighting a sharp increase in North Sea production and a decline in Kurdistan output, as well as the repayment of a US$300 million bridge loan related to the Sval Energi acquisition. An interesting shift is the surge in North Sea net entitlement production and sales, which now significantly outpace Kurdistan figures, reflecting the impact of recent acquisitions and changes in operational focus. We'll examine how the substantial...
OB:AKRBP
OB:AKRBPOil and Gas

Aker BP (OB:AKRBP): Assessing Valuation Following Q3 Production and Sales Update

Aker BP (OB:AKRBP) released its production numbers for the third quarter, reporting an average daily output of 414 thousand barrels of oil equivalents. Net sales volumes reached 396 thousand barrels per day. Investors are now weighing what these figures mean for the company’s revenue and trends in operational efficiency. See our latest analysis for Aker BP. Aker BP’s share price has seen some volatility lately, with a modest 2.2% gain over the past month and a positive 7.2% return so far this...
OB:AKSO
OB:AKSOEnergy Services

Aker Solutions (OB:AKSO) Gains Exclusive Rights to BIOCCUS Projects in Sweden After Nordbex Agreement

On October 13, 2025, Nordbex announced it had signed a memorandum of understanding with Aker Solutions to deliver Nordbex 1, Sweden’s first replicable BIOCCUS carbon capture facility, and granted Aker Solutions exclusive rights on future plants 2 and 3. This agreement positions Aker Solutions to play a critical role in expanding carbon capture technology in Sweden, setting a potential template for further BIOCCUS projects in the region. We will examine how Aker Solutions’ exclusive access to...
OB:NAS
OB:NASAirlines

Norwegian Air Shuttle (OB:NAS): Assessing Valuation as Operating Results Reflect Ongoing Recovery

Norwegian Air Shuttle (OB:NAS) just released its latest operating results, and the numbers point to a steady improvement in demand and operational capacity as traffic continues to recover after the pandemic. See our latest analysis for Norwegian Air Shuttle. Norwegian Air Shuttle has been building positive momentum, with a year-to-date share price return of nearly 49% that reflects renewed investor confidence following recent operational gains and a rebound in travel demand. Although...
OB:EQNR
OB:EQNROil and Gas

Could Equinor’s (OB:EQNR) Latest Buy-Back Reveal Shifts in Its Capital Allocation Strategy?

Earlier this month, Equinor reported the purchase of 1,327,002 of its own shares under the third tranche of its 2025 share buy-back programme, increasing its holdings to 40,990,676 shares, or 1.60% of share capital. This move underlines Equinor's ongoing approach to capital returns, with share buy-backs signaling management's focus on shareholder value and confidence in the company’s outlook. We’ll now explore how Equinor’s recently disclosed share buy-backs could influence its investment...
OB:WAWI
OB:WAWIShipping

Wallenius Wilhelmsen (OB:WAWI): Exploring Valuation as US Port Fee Changes Loom for Q4

Wallenius Wilhelmsen (OB:WAWI) recently shared an update stating that its third quarter 2025 results are unaffected by changes in US port fees. However, the company does anticipate that these changes could influence costs in the following quarter. See our latest analysis for Wallenius Wilhelmsen. Wallenius Wilhelmsen’s recent update comes as the share price has pulled back, falling by 11.32% over the past week and now trading at NOK 79.9. While this year has been challenging with a 1-year...
OB:AKRBP
OB:AKRBPOil and Gas

Strong Q3 Production Results Could Be a Game Changer for Aker BP (OB:AKRBP)

Aker BP ASA recently announced its third quarter 2025 operating results, reporting production of 414,000 barrels of oil equivalents per day and net sales volume of 396,100 barrels per day. This production update provides crucial insight into the company’s operational performance, a key metric for oil and gas sector investors assessing ongoing output strength. We’ll explore how these robust production figures may shape Aker BP’s investment narrative moving forward. AI is about to change...
OB:STB
OB:STBInsurance

Did Storebrand’s (OB:STB) Rising Buyback Activity Signal a Shift in Capital Allocation Priorities?

Storebrand ASA recently executed additional share buyback transactions under its ongoing program, now holding 9,718,522 of its own shares, equivalent to 2.23% of total share capital, as of October 2025. This level of buyback activity can suggest management’s confidence in Storebrand’s future prospects and may influence how investors view the company’s approach to capital management. We’ll examine how Storebrand’s expanding buyback program could affect its investment narrative and outlook for...
OB:CLOUD
OB:CLOUDRenewable Energy

European Stocks Trading At An Estimated 22.5% To 47.9% Below Intrinsic Value

Amidst the backdrop of political turmoil in France and trade tensions impacting European markets, investors have witnessed a pullback with major indices like Germany’s DAX and France’s CAC 40 experiencing declines. Despite these challenges, opportunities may arise as certain European stocks are trading significantly below their intrinsic value, presenting potential for those seeking to identify undervalued investments.
OB:TEL
OB:TELTelecom

Should Telenor (OB:TEL) and Vodafone’s Procurement Alliance Prompt a Fresh Look at Cost Efficiency?

On October 1, 2025, Telenor Group and Vodafone Group announced a new partnership between their global procurement organizations, aiming to leverage a combined annual spend of over €26 billion (NOK 300 billion) and serve more than 550 million customers across 23 countries. This collaboration seeks to generate value through joint purchasing power, supply chain resilience, and a focus on responsible and sustainable business practices. With an emphasis on unlocking savings through shared...
OB:DOFG
OB:DOFGEnergy Services

The Bull Case For DOF Group (OB:DOFG) Could Change Following Over $60M in New North America Contracts

DOF Group ASA announced several new project awards in North America, securing more than 300 days of vessel utilisation for a combined contract value exceeding US$60 million, with vessel work awarded in Guyana, Mexico, and off the East Coast of the USA. These multi-location contracts increase short-term revenue visibility by deploying existing assets and offering additional contract options for further vessel utilisation in the region. We'll explore how this significant boost in vessel...
OB:AFG
OB:AFGConstruction

AF Gruppen (OB:AFG): Assessing Valuation After Securing Major Projects in Norway and Sweden

AF Gruppen (OB:AFG) has recently secured a string of large contracts, including a NOK 500 million build for a carbon capture facility in Oslo and an SEK 112 million project for the Swedish Fortifications Agency in Uppsala. See our latest analysis for AF Gruppen. These major project wins arrive against a backdrop of strong momentum for AF Gruppen. The share price has climbed 17.8% year-to-date, reflecting optimism around its growing order book and strategic contracts, while the one-year total...
OB:BAKKA
OB:BAKKAFood

What P/F Bakkafrost (OB:BAKKA)'s Q3 Harvest Volumes Reveal About Its Operational Recovery in Scotland

P/F Bakkafrost recently announced its third quarter 2025 production results, reporting harvest volumes of 25,400 tons in the Faroe Islands and 5,300 tons in Scotland. This update provides fresh insight into the operational health of the company's core regions, with particular attention on performance in Scotland following previously reported challenges. We'll explore how these latest harvest volumes may influence Bakkafrost's investment narrative, especially regarding expectations for...
OB:NOD
OB:NODSemiconductor

Nordic Semiconductor (OB:NOD): Valuation Insights Following Breakthrough 5G IoT-Satellite Connectivity Demo

Nordic Semiconductor (OB:NOD) joined Sateliot and Gatehouse Satcom in a breakthrough event, successfully sending 5G IoT data from an off-the-shelf device to a Low Earth Orbit satellite. This accomplishment opens the door to seamless global IoT connectivity without requiring hardware changes. See our latest analysis for Nordic Semiconductor. It has been an exciting year for Nordic Semiconductor, with this satellite 5G breakthrough adding momentum to impressive stock performance. The company’s...
OB:MOWI
OB:MOWIFood

How Investors May Respond To Mowi (OB:MOWI) After Major Salmon Escape in Scottish Highlands

Nearly 75,000 farmed salmon escaped into Loch Linnhe in the Scottish Highlands after Storm Amy damaged a net at Mowi's Gorsten seawater facility earlier this month. This large-scale fish escape has raised concerns among environmental groups and local authorities about potential impacts on wild salmon populations and the company's operations. We’ll explore how this significant operational disruption and potential environmental impact could alter the outlook for Mowi going forward. The best AI...
OB:ENTRA
OB:ENTRAReal Estate

Entra (OB:ENTRA): Assessing Valuation Following Board and Governance Changes

Entra (OB:ENTRA) has announced the approval of new board and nomination committee members following an extraordinary general meeting. These leadership changes signal a potential shift in the company's governance approach and have captured investor attention this week. See our latest analysis for Entra. After spending much of the year under pressure, Entra’s share price has shown modest improvement recently, closing at NOK 117.4 and delivering a 1.4% year-to-date rise. However, the 1-year...
OB:BWE
OB:BWEOil and Gas

Should BW Energy’s Kudu Basin Drilling Push Prompt Fresh Evaluation by OB:BWE Investors?

Earlier this month, BW Energy announced progress on its plan to triple oil production within three years, centered on drilling the Kharas-1 well in Namibia’s Kudu Basin to explore deeper oil targets beneath established gas fields. This activity not only signals a potential new oil discovery but also highlights BW Energy's drive to expand its footprint across Africa and South America through both exploration and acquisition initiatives. We'll explore how the ambitious Kudu Basin drilling...
OB:VAR
OB:VAROil and Gas

How Strong Q3 Results and the Ekofisk Deal at Vår Energi (OB:VAR) Have Changed Its Investment Story

Vår Energi reported strong third-quarter 2025 operating results, with substantial increases in oil, gas, and total hydrocarbon production compared to the previous year, and announced the acquisition of a majority stake in the Ekofisk PPF project from TotalEnergies, significantly enlarging its footprint on the Norwegian Continental Shelf. This combination of operational outperformance and business expansion signals both enhanced near-term production capabilities and an increase in long-term...