DNO Future Growth

Future criteria checks 2/6

DNO is forecast to grow earnings and revenue by 15.3% and 3.1% per annum respectively. EPS is expected to grow by 12.4% per annum. Return on equity is forecast to be 10.2% in 3 years.

Key information

15.3%

Earnings growth rate

12.4%

EPS growth rate

Oil and Gas earnings growth	11.0%
Revenue growth rate	3.1%
Future return on equity	10.2%
Analyst coverage	Low
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0MHP - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	759	118	158	587	4
12/31/2025	732	90	148	494	4
12/31/2024	651	74	146	358	2
9/30/2024	689	75	92	436	N/A
6/30/2024	660	1	74	386	N/A
3/31/2024	581	-52	-82	182	N/A
12/31/2023	668	19	-89	194	N/A
9/30/2023	806	57	35	337	N/A
6/30/2023	1,004	241	221	547	N/A
3/31/2023	1,307	332	549	916	N/A
12/31/2022	1,377	385	682	1,056	N/A
9/30/2022	1,435	407	771	1,128	N/A
6/30/2022	1,350	309	680	1,040	N/A
3/31/2022	1,174	293	605	912	N/A
12/31/2021	1,004	204	453	729	N/A
9/30/2021	782	79	417	691	N/A
6/30/2021	691	-75	317	523	N/A
3/31/2021	579	-195	212	391	N/A
12/31/2020	615	-286	181	406	N/A
9/30/2020	715	-175	-54	185	N/A
6/30/2020	779	-149	66	386	N/A
3/31/2020	973	-17	17	400	N/A
12/31/2019	971	74	-7	372	N/A
9/30/2019	1,066	253	140	483	N/A
6/30/2019	1,010	413	124	399	N/A
3/31/2019	891	387	218	430	N/A
12/31/2018	829	354	333	471	N/A
9/30/2018	577	155	271	391	N/A
6/30/2018	478	554	N/A	303	N/A
3/31/2018	413	499	N/A	292	N/A
12/31/2017	347	495	N/A	337	N/A
9/30/2017	274	433	N/A	263	N/A
6/30/2017	249	-33	N/A	253	N/A
3/31/2017	229	-16	N/A	167	N/A
12/31/2016	202	-35	N/A	62	N/A
9/30/2016	214	-87	N/A	42	N/A
6/30/2016	217	-99	N/A	-8	N/A
3/31/2016	211	-143	N/A	-49	N/A
12/31/2015	187	-212	N/A	-74	N/A
9/30/2015	213	-381	N/A	-58	N/A
6/30/2015	277	-408	N/A	-11	N/A
3/31/2015	365	-324	N/A	99	N/A
12/31/2014	452	-226	N/A	181	N/A
9/30/2014	506	-72	N/A	253	N/A
6/30/2014	525	17	N/A	291	N/A
3/31/2014	513	21	N/A	275	N/A
12/31/2013	503	27	N/A	270	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0MHP's forecast earnings growth (15.3% per year) is above the savings rate (2.1%).

Earnings vs Market: 0MHP's earnings (15.3% per year) are forecast to grow faster than the UK market (14.6% per year).

High Growth Earnings: 0MHP's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0MHP's revenue (3.1% per year) is forecast to grow slower than the UK market (3.5% per year).

High Growth Revenue: 0MHP's revenue (3.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0MHP's Return on Equity is forecast to be low in 3 years time (10.2%).

DNO Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

DNO ASA Announces Kurdistan Operations Recover Rapidly from Torrential Flooding

DNO ASA Reopens Production At Tawke PSC

DNO ASA Announces Update on Tawke PSC

DNO ASA Provides Production Guidance for the Year 2021

Recent updates

New minor risk - Earnings quality

Third quarter dividend of kr0.31 announced

Third quarter 2024 earnings released: EPS: US$0.021 (vs US$0.056 loss in 3Q 2023)

DNO Asa Approves Dividend, Payable on or About 22 November 2024

New minor risk - Earnings quality

Second quarter dividend of kr0.31 announced

Second quarter 2024 earnings released: EPS: US$0.035 (vs US$0.019 loss in 2Q 2023)

DNO ASA Approves Dividend, Payable on or About 30 August 2024

Less than half of directors are independent

DNO ASA Racks Up Discoveries in Its Offshore Norway Core Area

DNO ASA Approves Dividend, Payable on or About 28 May 2024

DNO ASA Announces Kurdistan Operations Recover Rapidly from Torrential Flooding

DNO ASA Announces Completion of an Appraisal Well and Sidetrack

Full year 2023 earnings released: EPS: US$0.019 (vs US$0.39 in FY 2022)

Fourth quarter dividend of kr0.25 announced

Full year 2023 earnings released: EPS: US$0.019 (vs US$0.39 in FY 2022)

DNO ASA Approves Dividend, Payable on or About 26 February 2024

Less than half of directors are independent

DNO ASA to Report Q3, 2024 Results on Nov 07, 2024

DNO ASA Announces Successful Completion of the Second Appraisal Well on the Bergknapp/re Discovery in License PL836S in the Norwegian Sea

DNO Announces Successful Ofelia Appraisal and New Kyrre Discovery

DNO ASA Approves Dividend, Payable on or About 24 November 2023

DNO ASA Reopens Production At Tawke PSC

DNO Makes Play-Opening Discovery at Norma

DNO ASA Announces Managing Director Changes

DNO ASA Announces Update on Tawke PSC

Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.074 profit in 2Q 2022)

DNO ASA Approves Dividend Payment, o Be Made on or About 1 September 2023

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

Insider recently bought kr148k worth of stock

Less than half of directors are independent

DNO ASA Approves Executive Changes

Upcoming dividend of kr0.25 per share at 9.6% yield

First quarter 2023 earnings released: EPS: US$0.088 (vs US$0.14 in 1Q 2022)

DNO ASA Approves Cash Dividend, Payable on or about June 2, 2023

Investor sentiment improves as stock rises 22%

Now 23% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

DNO ASA Confirms Oil and Gas Discovery on the Røver Sør Prospect in the Norwegian North Sea License PL923

DNO ASA (OB:DNO) commences an Equity Buyback, under the authorization approved on May 25, 2022.

Insider recently bought kr125k worth of stock

Less than half of directors are independent

DNO ASA to Report First Half, 2023 Results on Aug 17, 2023

Insider recently bought kr485k worth of stock

DNO ASA Approves Dividend, Payable on or About 16 November 2022

Third quarter 2022 earnings released: EPS: US$0.13 (vs US$0.032 in 3Q 2021)

DNO ASA Approves Dividend, Payable on or About 16 November 2022

DNO ASA (OB:DNO) completed the acquisition of Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP).

Investor sentiment improved over the past week

DNO ASA Confirmes an Oil Discovery on the Ofelia Prospect

DNO ASA (OB:DNO) entered into a transaction agreement to acquire Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP) for approximately $120 million.

Second quarter 2022 earnings released: EPS: US$0.074 (vs US$0.058 in 2Q 2021)

DNO ASA Approves Cash Dividend, Payable on or About 23 August 2022

Investor sentiment improved over the past week

DNO ASA Reports Edinburgh Exploration Well Comes Up Dry

Chief Commercial Officer recently sold kr343k worth of stock

DNO ASA Proposes Dividend for the Year 2021

Insufficient new directors

DNO ASA Confirms Oil and Gas Discovery on the Kveikje Prospect

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Now 23% undervalued

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

DNO ASA provides an Update on Tawke PSC

Now 21% undervalued

Now 20% undervalued after recent price drop

DNO ASA Updates North Sea Drilling

Aker BP ASA (OB:AKRBP) acquired an additional 20% interest in PL006C License from DNO ASA (OB:DNO).