DNO Past Earnings Performance

Past criteria checks 4/6

DNO has been growing earnings at an average annual rate of 20%, while the Oil and Gas industry saw earnings growing at 29.3% annually. Revenues have been declining at an average rate of 0.8% per year. DNO's return on equity is 6.2%, and it has net margins of 10.9%.

Key information

20.0%

Earnings growth rate

20.5%

EPS growth rate

Oil and Gas Industry Growth	37.3%
Revenue growth rate	-0.8%
Return on equity	6.2%
Net Margin	10.9%
Next Earnings Update	06 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How DNO makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BST:NK1 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	689	75	77
30 Jun 24	660	1	76
31 Mar 24	581	-52	67
31 Dec 23	668	19	63
30 Sep 23	806	57	103
30 Jun 23	1,004	241	74
31 Mar 23	1,307	332	108
31 Dec 22	1,377	385	105
30 Sep 22	1,435	407	115
30 Jun 22	1,350	309	146
31 Mar 22	1,174	293	122
31 Dec 21	1,004	204	130
30 Sep 21	782	79	66
30 Jun 21	691	-75	60
31 Mar 21	579	-195	61
31 Dec 20	615	-286	55
30 Sep 20	715	-175	85
30 Jun 20	779	-149	111
31 Mar 20	973	-17	99
31 Dec 19	971	74	137
30 Sep 19	1,066	253	127
30 Jun 19	1,010	413	106
31 Mar 19	891	387	110
31 Dec 18	829	354	99
30 Sep 18	577	155	100
30 Jun 18	478	554	102
31 Mar 18	413	499	94
31 Dec 17	347	495	64
30 Sep 17	274	433	42
30 Jun 17	249	-33	33
31 Mar 17	229	-16	46
31 Dec 16	202	-35	50
30 Sep 16	214	-87	51
30 Jun 16	217	-99	51
31 Mar 16	211	-143	42
31 Dec 15	187	-212	37
30 Sep 15	213	-381	42
30 Jun 15	277	-408	59
31 Mar 15	365	-324	57
31 Dec 14	452	-226	64
30 Sep 14	506	-72	60
30 Jun 14	525	17	47
31 Mar 14	513	21	46
31 Dec 13	503	27	39

Quality Earnings: NK1 has a large one-off loss of $49.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: NK1's current net profit margins (10.9%) are higher than last year (7.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NK1's earnings have grown by 20% per year over the past 5 years.

Accelerating Growth: NK1's earnings growth over the past year (32.5%) exceeds its 5-year average (20% per year).

Earnings vs Industry: NK1 earnings growth over the past year (32.5%) exceeded the Oil and Gas industry -28.6%.

Return on Equity

High ROE: NK1's Return on Equity (6.2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/29 05:29
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