NK1 Stock Overview

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. More details

NK1 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 74.8% below our estimate of its fair value

Earnings are forecast to grow 15.29% per year

Earnings grew by 32.5% over the past year

Risk Analysis

Dividend of 12.07% is not well covered by earnings or free cash flows

Large one-off items impacting financial results

Volatile share price over the past 3 months compared to the German market

My Notes

Capture your thoughts, links and company narrative

DNO ASA Competitors

Deutsche Rohstoff

XTRA:DR0

€159.2m

CropEnergies

HMSE:CE2

€1.2b

CropEnergies

XTRA:CE2

€1.0b

Friedrich Vorwerk Group

XTRA:VH2

€546.0m

Price History & Performance

Summary of share price highs, lows and changes for DNO
Historical stock prices
Current Share Price	NOK 8.30
52 Week High	NOK 10.50
52 Week Low	NOK 7.30
Beta	1.72
1 Month Change	-0.60%
3 Month Change	-7.26%
1 Year Change	-4.60%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-34.94%

Recent updates

Shareholder Returns

	NK1	DE Oil and Gas	DE Market
7D	5.7%	2.2%	0.5%
1Y	-4.6%	-37.7%	7.2%

Return vs Industry: NK1 exceeded the German Oil and Gas industry which returned -38.4% over the past year.

Return vs Market: NK1 underperformed the German Market which returned 7% over the past year.

Price Volatility

Is NK1's price volatile compared to industry and market?
NK1 volatility
NK1 Average Weekly Movement	7.5%
Oil and Gas Industry Average Movement	5.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.5%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: NK1's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: NK1's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1971	1,085	Chris Spencer	www.dno.no

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa. DNO ASA was founded in 1971 and is headquartered in Oslo, Norway.

DNO ASA Fundamentals Summary

How do DNO's earnings and revenue compare to its market cap?
NK1 fundamental statistics
Market cap	€845.75m
Earnings (TTM)	€72.32m
Revenue (TTM)	€661.20m

11.7x

P/E Ratio

1.3x

P/S Ratio

Is NK1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NK1 income statement (TTM)
Revenue	US$689.40m
Cost of Revenue	US$404.00m
Gross Profit	US$285.40m
Other Expenses	US$210.00m
Earnings	US$75.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 06, 2025

Earnings per share (EPS)	0.077
Gross Margin	41.40%
Net Profit Margin	10.94%
Debt/Equity Ratio	63.4%

How did NK1 perform over the long term?

See historical performance and comparison

Dividends

12.1%

Current Dividend Yield

136%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 15:06
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DNO ASA is covered by 33 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Trond Omdal	Arctic Securities ASA
Carl Bachke	Beringer Finance AB
Rafal Gutaj	BofA Global Research