3SX Stock Overview An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. More details
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Add notePrice History & Performance
Summary of share price highs, lows and changes for OKEA Historical stock prices Current Share Price NOK 1.58 52 Week High NOK 2.76 52 Week Low NOK 1.56 Beta 1.02 1 Month Change -8.71% 3 Month Change -6.11% 1 Year Change -38.92% 3 Year Change -37.22% 5 Year Change -4.81% Change since IPO -22.56%
Recent News & Updates
OKEA ASA and Equinor Energy AS Announce Drilling Operation in PL 1014 (Arkenstone) Temporarily Suspend Dec 17
OKEA ASA, Annual General Meeting, May 13, 2025 Dec 12 OKEA ASA to Report Q3, 2025 Results on Nov 04, 2025
Lime Petroleum AS completed the transaction of 15% stake in Yme Field from OKEA ASA (OB:OKEA). Dec 01
Third quarter 2024 earnings released: EPS: kr2.67 (vs kr0.31 in 3Q 2023) Nov 01
OKEA ASA Narrows Production Guidance for the Full Year 2024 Oct 05 See more updates
OKEA ASA and Equinor Energy AS Announce Drilling Operation in PL 1014 (Arkenstone) Temporarily Suspend Dec 17
OKEA ASA, Annual General Meeting, May 13, 2025 Dec 12 OKEA ASA to Report Q3, 2025 Results on Nov 04, 2025
Lime Petroleum AS completed the transaction of 15% stake in Yme Field from OKEA ASA (OB:OKEA). Dec 01
Third quarter 2024 earnings released: EPS: kr2.67 (vs kr0.31 in 3Q 2023) Nov 01
OKEA ASA Narrows Production Guidance for the Full Year 2024 Oct 05
Lime Petroleum AS entered into an agreement to acquire 15% stake in Yme Field from OKEA ASA (OB:OKEA) for $15.7 million. Sep 24
Second quarter 2024 earnings released: EPS: kr0.84 (vs kr0.66 in 2Q 2023) Jul 18 OKEA ASA Reports Impairment Charges for the Second Quarter of 2024
Full year 2023 earnings released: kr9.00 loss per share (vs kr6.45 profit in FY 2022) Apr 12
Full year 2023 earnings released: kr9.00 loss per share (vs kr6.45 profit in FY 2022) Feb 09
OKEA ASA Provides Production Guidance for the Year 2024 Feb 08
New major risk - Share price stability Jan 29
Investor sentiment deteriorates as stock falls 21% Jan 19
New major risk - Revenue and earnings growth Jan 15 OKEA ASA to Report Q2, 2024 Results on Jul 17, 2024
Investor sentiment deteriorates as stock falls 17% Dec 06
New minor risk - Share price stability Dec 02
Upcoming dividend of kr1.00 per share at 11% yield Nov 24
OKEA ASA Announces Dividend, Payment Date of 15 December 2023 (On or About) Oct 27
Third quarter 2023 earnings released: EPS: kr0.31 (vs kr1.01 in 3Q 2022) Oct 27 OKEA ASA Announces Impairment Charge for the Quarter Oct 19
New minor risk - Share price stability Oct 08
OKEA ASA Announces First Gas from Hasselmus Oct 06
Upcoming dividend of kr1.00 per share at 10% yield Aug 25
M Vest Energy AS entered into an SPA to acquire Brasse license (PL740) from OKEA ASA (OB:OKEA). Aug 11
Second quarter 2023 earnings released: EPS: kr0.66 (vs kr0.27 in 2Q 2022) Jul 14
OKEA ASA Announces Cash Dividend for the Third Quarter 2023, Payable on or About 15 September 2023; Provides Dividend Guidance for the Fourth Quarter of 2023 Jul 13 OKEA ASA to Report Q2, 2023 Results on Jul 13, 2023
Upcoming dividend of kr1.00 per share at 13% yield May 26
OKEA ASA Announces Board Appointments May 12
First quarter 2023 earnings released: EPS: kr2.18 (vs kr2.05 in 1Q 2022) May 06
OKEA ASA Announces Cash Dividend for Second Quarter of 2023, Payable on or About 15 June 2023; Provides Dividend Guidance for the Coming Quarter of 2023 May 05
Now 29% undervalued after recent price drop Apr 11
Full year 2022 earnings released: EPS: kr6.45 (vs kr5.86 in FY 2021) Apr 06
Upcoming dividend of kr1.00 per share at 13% yield Feb 23
Full year 2022 earnings released: EPS: kr6.45 (vs kr5.86 in FY 2021) Feb 02
OKEA ASA Announces Dividend, Payable on or About 15 March 2023, Reaffirms Dividend Guidance for 2023 Jan 31
OKEA ASA Awards Four Licenses in APA 2022 Jan 11
Less than half of directors are independent Dec 09
OKEA ASA, Together with Operator Neptune Energy and Licence Partners, Announce A New Discovery in the Calypso Exploration Well Dec 02
OKEA ASA Provides Production Guidance for 2022 and Revises for 2023 Nov 17 OKEA ASA to Report Q1, 2023 Results on May 04, 2023
OKEA ASA Announces Drilling Starts at the Calypso Exploration Well (PL938) Nov 05
OKEA ASA (OB:OKEA) completed the acquisition of Material Portfolio of Assets from Wintershall Dea Norge AS. Nov 02
Bangchak Corporation Public Company Limited (SET:BCP) acquired 45.7% stakes in OKEA ASA (OB:OKEA). Oct 28 OKEA ASA Approves Dividend for the Fourth Quarter of 2022, Payable on or About December 15, 2022; Provides Dividend Guidance for the Each Quarter of 2023
Repsol Norge AS, as Operator Informs OKEA ASA Production Outage at Yme Field Sep 10
Investor sentiment deteriorated over the past week Sep 09
Upcoming dividend of kr1.00 per share Aug 26
Investor sentiment improved over the past week Aug 24
Less than half of directors are independent Aug 05
OKEA ASA Announces Cash Dividend, Payable on or about 15 September 2022 Jul 13
OKEA ASA Provides Production Guidance for the Year 2023 Jul 07 OKEA ASA (OB:OKEA) agreed to acquire Material Portfolio of Assets from Wintershall Dea AG for $117.5 million. OKEA ASA Provides Dividend Guidance for the Third and Fourth Quarter of 2022
Repsol Norge AS Informs OKEA ASA, as Operator That Production from Yme Has Re-Started May 08
OKEA ASA Announces Suspension of Operations At Yme Field Due to Technical Issues Apr 21
Full year 2021 earnings released: EPS: kr5.86 (vs kr5.89 loss in FY 2020) Apr 06
OKEA ASA (OB:OKEA) completed the acquisition of 2.2% stake in Ivar Aasen Oil Field from ENGIE E&P Norge AS. Apr 01
Investor sentiment improved over the past week Mar 23
OKEA ASA Announces Drilling Operations on Neptune-Operated Hamlet Exploration Well Mar 01
OKEA ASA Revises Production Guidance for the Full Year of 2022 and Provides Production Guidance for the Full Year of 2023 Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Feb 12
OKEA ASA Provides Production Guidance for the Full Year of 2022 and 2023 Feb 11
OKEA ASA Commences Drilling Operations on Equinor-Operated Ginny Exploration Well 6407/9-13 Jan 03
Third quarter 2021 earnings released Oct 29
Investor sentiment improved over the past week Oct 15
Investor sentiment improved over the past week Sep 16
Second quarter 2021 earnings released: EPS kr1.95 (vs kr0.18 in 2Q 2020) Jul 16
OKEA ASA Plans to Participate in Drilling of One More Exploration Well in 2021 Jul 15 Shareholder Returns 3SX DE Oil and Gas DE Market 7D -5.0% -3.2% -1.4% 1Y -38.9% -36.8% 8.0%
See full shareholder returns
Return vs Market: 3SX underperformed the German Market which returned 8.1% over the past year.
Price Volatility Is 3SX's price volatile compared to industry and market? 3SX volatility 3SX Average Weekly Movement 5.9% Oil and Gas Industry Average Movement 5.4% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.9% 10% least volatile stocks in DE Market 2.5%
Stable Share Price: 3SX has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: 3SX's weekly volatility (6%) has been stable over the past year.
About the Company Founded Employees CEO Website 2015 435 Svein Liknes okea.no
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. It holds 44.56% interests in Draugen, 35.2% interests in Brage, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 15% interests in Yme, and 6% interests in Nova. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.
Show more OKEA ASA Fundamentals Summary How do OKEA's earnings and revenue compare to its market cap? 3SX fundamental statistics Market cap €168.09m Earnings (TTM ) -€80.36m Revenue (TTM ) €919.85m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 3SX income statement (TTM ) Revenue NOK 10.84b Cost of Revenue NOK 3.11b Gross Profit NOK 7.73b Other Expenses NOK 8.68b Earnings -NOK 947.38m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 30, 2025
Earnings per share (EPS) -9.12 Gross Margin 71.28% Net Profit Margin -8.74% Debt/Equity Ratio 248.1%
How did 3SX perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/18 22:45 End of Day Share Price 2024/12/18 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 Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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Analyst Sources OKEA ASA is covered by 7 analysts. 5 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 Jørgen Lande Danske Bank Vidar Lyngvær Danske Bank Mikael Gjerding DNB Markets
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