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DNO ASA

BST:NK1 Stock Report

Market Cap: €1.7b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

DNO Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Chris Spencer

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage30.77%
CEO tenure3yrs
CEO ownership0.006%
Management average tenure4.1yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris Spencer's remuneration changed compared to DNO's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$77m

Mar 31 2026n/an/a

-US$5m

Dec 31 2025US$2mUS$696k

-US$48m

Sep 30 2025n/an/a

-US$102m

Jun 30 2025n/an/a

-US$91m

Mar 31 2025n/an/a

-US$47m

Dec 31 2024US$922kUS$649k

-US$27m

Sep 30 2024n/an/a

US$75m

Jun 30 2024n/an/a

US$1m

Mar 31 2024n/an/a

-US$52m

Dec 31 2023US$1mUS$583k

US$19m

Sep 30 2023n/an/a

US$57m

Jun 30 2023n/an/a

US$241m

Mar 31 2023n/an/a

US$332m

Dec 31 2022US$902kUS$579k

US$385m

Sep 30 2022n/an/a

US$407m

Jun 30 2022n/an/a

US$309m

Mar 31 2022n/an/a

US$293m

Dec 31 2021US$746kUS$577k

US$204m

Sep 30 2021n/an/a

US$79m

Jun 30 2021n/an/a

-US$75m

Mar 31 2021n/an/a

-US$195m

Dec 31 2020US$696kUS$476k

-US$286m

Sep 30 2020n/an/a

-US$175m

Jun 30 2020n/an/a

-US$149m

Mar 31 2020n/an/a

-US$17m

Dec 31 2019US$610kUS$469k

US$74m

Compensation vs Market: Chris's total compensation ($USD2.26M) is about average for companies of similar size in the German market ($USD1.80M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris Spencer

3yrs
Tenure
US$2,261,600
Compensation

Mr. Christopher Spencer, also known as Chris, served as Chief Operating Officer at DNO ASA since July 12, 2021 and serves as its Managing Director since September 07, 2023. He served as Deputy Managing Dir...


Leadership Team

NamePositionTenureCompensationOwnership
Bijan Mossavar-Rahmani
Executive Chairman15.5yrsUS$2.34m12.89%
€ 222.9m
Christopher Spencer
Managing Director3yrsUS$2.26m0.0065%
€ 112.1k
Birgitte Johansen
Chief Financial Officerless than a yearUS$406.92kno data
Erling Synnes
Chief Information Officerno dataUS$578.50kno data
Geir Skau
Chief Human Resources & Corporate Services Officer7.7yrsUS$1.08m0.0087%
€ 150.8k
Tonje Gormley
General Counsel of Middle East7.7yrsUS$1.15m0.0019%
€ 33.4k
Linn Hoel
Chief Commercial Officerno dataUS$595.20k0.019%
€ 327.6k
Erlend Einum
Chief Business Development Officerno dataUS$693.40k0.020%
€ 350.1k
Halvor Engebretsen
Managing Director DNO Norge ASno dataUS$357.10kno data
Sameh Hanna
General Manager of Kurdistan Region of Iraq4.1yrsUS$1.26mno data
Elisabeth Femsteinevik
General Manager of North Seano dataUS$450.00k0.013%
€ 231.1k
Gudmund Hartveit
Manager of Corporate Development & IRno datano datano data
4.1yrs
Average Tenure

Experienced Management: NK1's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bijan Mossavar-Rahmani
Executive Chairman15.5yrsUS$2.34m12.89%
€ 222.9m
Gunnar Hirsti
Independent Deputy Chairman of the Board18.8yrsUS$161.20k0.036%
€ 620.9k
Elin Karfjell
Independent Director11.3yrsUS$128.70k0.0034%
€ 58.5k
Anita Marie Aarnaes
Independent Director4.3yrsUS$128.70kno data
Ferris Hussein
Independent Director1.3yrsUS$46.70kno data
Grethe Moen
Independent Director1.3yrsUS$45.30kno data
Najmedin Meshkati
Independent Director3.3yrsUS$133.50kno data
4.3yrs
Average Tenure
69yo
Average Age

Experienced Board: NK1's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 12:59
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 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 Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 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.

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 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 Github.

Analyst Sources

DNO ASA is covered by 21 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Rafal GutajBofA Global Research
Charlie SharpCanaccord Genuity

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