OKEAO Stock Overview
An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
OKEA ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 24.30 |
| 52 Week High | NOK 38.04 |
| 52 Week Low | NOK 23.94 |
| Beta | 1.06 |
| 1 Month Change | 0% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -38.03% |
Recent News & Updates
Recent updates
Shareholder Returns
| OKEAO | GB Oil and Gas | GB Market | |
|---|---|---|---|
| 7D | 0% | -2.8% | -1.5% |
| 1Y | n/a | -9.9% | 3.5% |
Return vs Industry: Insufficient data to determine how OKEAO performed against the UK Oil and Gas industry.
Return vs Market: Insufficient data to determine how OKEAO performed against the UK Market.
Price Volatility
| OKEAO volatility | |
|---|---|
| OKEAO Average Weekly Movement | n/a |
| Oil and Gas Industry Average Movement | 8.4% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.6% |
Stable Share Price: OKEAO has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine OKEAO's volatility change 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.
OKEA ASA Fundamentals Summary
| OKEAO fundamental statistics | |
|---|---|
| Market cap | NOK 2.50b |
| Earnings (TTM) | -NOK 1.21b |
| Revenue (TTM) | NOK 9.23b |
0.3x
P/S Ratio-2.1x
P/E RatioIs OKEAO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKEAO income statement (TTM) | |
|---|---|
| Revenue | NOK 9.23b |
| Cost of Revenue | NOK 2.41b |
| Gross Profit | NOK 6.82b |
| Other Expenses | NOK 8.04b |
| Earnings | -NOK 1.21b |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Jul 17, 2024
| Earnings per share (EPS) | -11.65 |
| Gross Margin | 73.94% |
| Net Profit Margin | -13.12% |
| Debt/Equity Ratio | 269.4% |
How did OKEAO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/10 23:12 |
| End of Day Share Price | 2024/03/13 00:00 |
| Earnings | 2024/03/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
OKEA ASA is covered by 7 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 |
|---|---|
| Jørgen Lande | Danske Bank |
| Vidar Lyngvær | Danske Bank |
| Mikael Gjerding | DNB Markets |