BlueNord (BNOR) Stock Overview
An oil and gas company, produces and develops resources that support the energy transition towards net zero. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
BNOR Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
BlueNord ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 585.00 |
| 52 Week High | NOK 650.00 |
| 52 Week Low | NOK 399.50 |
| Beta | -0.22 |
| 1 Month Change | 2.45% |
| 3 Month Change | 30.00% |
| 1 Year Change | -1.85% |
| 3 Year Change | 68.10% |
| 5 Year Change | 288.45% |
| Change since IPO | -99.85% |
Recent News & Updates
Recent updates
BNOR: Dividend Proposal And Stable Output Will Shape Balanced Return Outlook
Analysts have nudged their BlueNord price target slightly higher to NOK 568.6 from NOK 567.6, reflecting small adjustments to fair value inputs, discount rate, revenue growth, profit margin, and expected future P/E assumptions. What's in the News BlueNord reported preliminary production of 43.6 mboepd for February 2026, with the Tyra hub contributing 23.7 mboepd and production described as stable through most of the month despite early weather related issues (Announcement of Operating Results).BNOR: Higher Dividend Proposal Will Support Future Upside Potential
Analysts have raised their price target on BlueNord from NOK 550.20 to NOK 567.60, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News A special/extraordinary shareholders meeting is scheduled for 23 March 2026 at 11:00 W.BNOR: Increasing Tyra Output And Recent Dividend Will Support Further Upside
Analysts have adjusted their BlueNord price target to NOK 550.20. The new view reflects slightly updated assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the fair value estimate unchanged in NOK terms.BNOR: Extraordinary Dividend And Tyra Reliability Improvements Will Support Further Upside
Analysts have trimmed their fair value estimate for BlueNord from €566.20 to €550.20, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News December 2025 preliminary production was 47.4 mboepd net to BlueNord, with the Tyra hub averaging 25.1 mboepd, described as the highest monthly production since the restart, and work is ongoing to improve reliability and performance at Tyra (company announcement).BNOR: Extraordinary Dividend And Rising Output Will Support Further Shareholder Upside
Narrative Update on BlueNord Analysts have kept their fair value estimate for BlueNord steady at €566.20 per share, with only small model tweaks to the discount rate, revenue growth, profit margin, and forward P/E assumptions behind the updated price target view. What's in the News December 2025 preliminary production was 47.4 mboepd net to BlueNord, with the Tyra hub averaging 25.1 mboepd, the highest monthly level since Tyra restarted, and work continuing to improve reliability and performance at the field (company announcement of operating results).BNOR: Extraordinary Dividend Will Drive Shareholder Upside Through 2025
Analysts have marginally increased their price target on BlueNord to $566.20 from $566.19, citing a slightly higher discount rate and modestly improved long term profitability assumptions as key drivers of the change. What's in the News Preliminary production in November 2025 reached 36.5 mboepd net to BlueNord, with the Tyra hub averaging 20.6 mboepd as output ramped back up after the October shutdown, and base assets Dan, Gorm, and Halfdan delivering 22.7 mboepd net with operational efficiency above 90% (company announcement).BNOR: Extraordinary Dividend Will Drive Shareholder Upside In 2025
Analysts have modestly raised their price target on BlueNord to $566.20 per share from $566.20, reflecting slightly lower perceived risk and marginally higher expected earnings multiples over the forecast horizon. What's in the News Extraordinary general meeting on November 20, 2025, to vote on an interim balance sheet, extraordinary dividend distribution, and a reduction of share capital through cancellation of treasury shares and lower nominal share value (Special/Extraordinary Shareholders Meeting).BNOR: Dividend Payment And Tyra Field Production Will Drive Upside In 2025
Analysts have raised their price target for BlueNord from $561.40 to $566.20, citing slightly improved forecasts for revenue growth and profit margins. What's in the News BlueNord ASA approved a dividend of NOK 34.75 per share at the EGM held on November 20, 2025, with payment scheduled for on or about November 27, 2025 (Key Developments) Preliminary production in October 2025 was 36.5 mboepd net.BNOR: Dividend Outlook And Production Ramp Will Boost Performance In 2025
Analysts Revise BlueNord Price Target Downward on Weaker Forecasts Analysts have reduced their price target for BlueNord from 602 kr to 561.4 kr, citing lower expectations for revenue growth, profit margin, and future valuation multiples. What's in the News Announcement of a dividend of NOK 34.75 per share for the third quarter of 2025, subject to approval at the EGM on 20 November 2025 (Key Developments) Special/Extraordinary Shareholders Meeting is scheduled for 20 November 2025 at 10:00 W.Tyra Hub's Expansion Will Drive Increased Production Stability By 2025
BlueNord's fair value target was revised down to NOK602.00, as a sharp increase in the future P/E multiple outpaced even the improved revenue growth outlook. What's in the News BlueNord revised its Tyra Q4 2025 production guidance down to 21.0–27.0 mboepd from 26.0–30.0 mboepd.BlueNord ASA (OB:BNOR) Investors Are Less Pessimistic Than Expected
Aug 10
BlueNord's (OB:BNOR) Returns On Capital Are Heading Higher
Jul 10These 4 Measures Indicate That BlueNord (OB:BNOR) Is Using Debt In A Risky Way
Jun 18Is There An Opportunity With BlueNord ASA's (OB:BNOR) 43% Undervaluation?
Mar 11BlueNord ASA Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Feb 15
Tyra Redevelopment Will Reduce CO2 Emissions By 30% And Improve Operational Efficiency
Substantial production capacity increase from Tyra project expected to enhance revenue and operational cash flow starting in late 2024.BlueNord ASA (OB:BNOR) Not Flying Under The Radar
Jan 16BlueNord's (OB:BNOR) Conservative Accounting Might Explain Soft Earnings
Nov 07Is BlueNord (OB:BNOR) Using Too Much Debt?
Oct 23An Intrinsic Calculation For BlueNord ASA (OB:BNOR) Suggests It's 22% Undervalued
Oct 03Not Many Are Piling Into BlueNord ASA (OB:BNOR) Just Yet
Aug 31BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital
Aug 05These Analysts Just Made A Notable Downgrade To Their BlueNord ASA (OB:BNOR) EPS Forecasts
Feb 25BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky
Feb 21Shareholder Returns
| BNOR | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 8.5% | 5.3% | -1.2% |
| 1Y | -1.8% | 56.7% | 26.6% |
Return vs Industry: BNOR underperformed the Norwegian Oil and Gas industry which returned 53.6% over the past year.
Return vs Market: BNOR underperformed the Norwegian Market which returned 26.5% over the past year.
Price Volatility
| BNOR volatility | |
|---|---|
| BNOR Average Weekly Movement | 5.1% |
| Oil and Gas Industry Average Movement | 6.8% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in NO Market | 11.2% |
| 10% least volatile stocks in NO Market | 3.2% |
Stable Share Price: BNOR has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: BNOR's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 47 | Euan Shirlaw | www.bluenord.com |
BlueNord ASA, an oil and gas company, produces and develops resources that support the energy transition towards net zero. It is involved in the exploration and oil and gas infrastructure activities. The company’s asset portfolio includes the Dan, Halfdan, Gorm, and Tyra hubs; and producing fields on the Danish continental shelf.
BlueNord ASA Fundamentals Summary
| BNOR fundamental statistics | |
|---|---|
| Market cap | NOK 14.96b |
| Earnings (TTM) | NOK 882.69m |
| Revenue (TTM) | NOK 9.70b |
16.9x
P/E Ratio1.5x
P/S RatioIs BNOR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BNOR income statement (TTM) | |
|---|---|
| Revenue | US$1.04b |
| Cost of Revenue | US$461.70m |
| Gross Profit | US$577.60m |
| Other Expenses | US$483.00m |
| Earnings | US$94.60m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
May 04, 2026
| Earnings per share (EPS) | 3.70 |
| Gross Margin | 55.58% |
| Net Profit Margin | 9.10% |
| Debt/Equity Ratio | 139.2% |
How did BNOR perform over the long term?
See historical performance and comparisonDividends
29.6%
Current Dividend Yieldn/a
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/29 12:36 |
| End of Day Share Price | 2026/04/29 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 Github.
Analyst Sources
BlueNord ASA is covered by 12 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 |
|---|---|
| null null | ABG Sundal Collier |
| Alexander Holbourn | BofA Global Research |
| John A. Olaisen | Carnegie Investment Bank AB |