BlueNord Future Growth

Future criteria checks 6/6

BlueNord is forecast to grow earnings and revenue by 50.9% and 21.3% per annum respectively. EPS is expected to grow by 49.9% per annum. Return on equity is forecast to be 34.4% in 3 years.

Key information

50.9%

Earnings growth rate

49.9%

EPS growth rate

Oil and Gas earnings growth	-4.5%
Revenue growth rate	21.3%
Future return on equity	34.4%
Analyst coverage	Low
Last updated	03 Dec 2024

Recent future growth updates

Recent updates

BlueNord's (OB:BNOR) Conservative Accounting Might Explain Soft Earnings

Nov 07

Is BlueNord (OB:BNOR) Using Too Much Debt?

Oct 23

An Intrinsic Calculation For BlueNord ASA (OB:BNOR) Suggests It's 22% Undervalued

Oct 03

Not Many Are Piling Into BlueNord ASA (OB:BNOR) Just Yet

Aug 31

BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital

Aug 05

These Analysts Just Made A Notable Downgrade To Their BlueNord ASA (OB:BNOR) EPS Forecasts

Feb 25

BlueNord ASA (OB:BNOR) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

May 13

Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?

Jan 19

The Return Trends At Norwegian Energy (OB:NOR) Look Promising

Oct 16

Is Norwegian Energy (OB:NOR) A Risky Investment?

Sep 03

Returns On Capital Are Showing Encouraging Signs At Norwegian Energy (OB:NOR)

Jul 13

The Return Trends At Norwegian Energy (OB:NOR) Look Promising

Apr 06

Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?

Mar 02

Earnings and Revenue Growth Forecasts

OB:BNOR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	1,055	141	179	312	1
12/31/2026	1,268	218	361	539	4
12/31/2025	1,434	267	616	775	4
12/31/2024	727	29	109	295	4
9/30/2024	693	40	-125	128	N/A
6/30/2024	723	29	-131	160	N/A
3/31/2024	743	57	-146	169	N/A
12/31/2023	795	110	-61	250	N/A
9/30/2023	841	172	116	411	N/A
6/30/2023	934	160	236	508	N/A
3/31/2023	1,008	85	381	632	N/A
12/31/2022	967	-9	317	561	N/A
9/30/2022	913	-134	308	555	N/A
6/30/2022	769	-119	187	424	N/A
3/31/2022	639	-89	34	260	N/A
12/31/2021	565	-53	-178	50	N/A
9/30/2021	536	-9	-145	83	N/A
6/30/2021	542	-15	-113	110	N/A
3/31/2021	547	32	-63	163	N/A
12/31/2020	566	17	110	348	N/A
9/30/2020	592	52	169	381	N/A
6/30/2020	596	226	179	386	N/A
3/31/2020	457	195	158	311	N/A
12/31/2019	333	215	163	249	N/A
9/30/2019	163	152	N/A	N/A	N/A
6/30/2019	3	-21	N/A	N/A	N/A
3/31/2019	2	-16	-1	-1	N/A
12/31/2018	2	-17	-2	-2	N/A
9/30/2018	0	-43	N/A	N/A	N/A
6/30/2018	1	-46	N/A	N/A	N/A
3/31/2018	1	-56	N/A	56	N/A
12/31/2017	1	-51	N/A	53	N/A
9/30/2017	1	-11	N/A	14	N/A
6/30/2017	1	-12	N/A	13	N/A
3/31/2017	1	-3	N/A	2	N/A
12/31/2016	1	-3	N/A	18	N/A
9/30/2016	1	-3	N/A	33	N/A
6/30/2016	1	15	N/A	33	N/A
3/31/2016	2	-26	N/A	44	N/A
12/31/2015	1	224	N/A	44	N/A
9/30/2015	-111	295	N/A	53	N/A
6/30/2015	-83	168	N/A	62	N/A
3/31/2015	-43	202	N/A	101	N/A
12/31/2014	5	-81	N/A	98	N/A
9/30/2014	195	-129	N/A	272	N/A
6/30/2014	185	-48	N/A	295	N/A
3/31/2014	177	-133	N/A	260	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BNOR's forecast earnings growth (50.9% per year) is above the savings rate (2.4%).

Earnings vs Market: BNOR's earnings (50.9% per year) are forecast to grow faster than the Norwegian market (9.4% per year).

High Growth Earnings: BNOR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BNOR's revenue (21.3% per year) is forecast to grow faster than the Norwegian market (2.2% per year).

High Growth Revenue: BNOR's revenue (21.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BNOR's Return on Equity is forecast to be high in 3 years time (34.4%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/01 04:57
End of Day Share Price	2024/12/30 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

BlueNord ASA is covered by 15 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
Anna-Karin Hempel	Arctic Securities ASA
Morten Lindbäck	Beringer Finance AB
Alexander Holbourn	BofA Global Research

BlueNord Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 26%

Consensus EPS estimates increase by 39%

Consensus EPS estimates fall by 45%

Consensus EPS estimates fall by 40%

Consensus EPS estimates fall by 38%

BlueNord ASA Updates Production Guidance for the Fourth Quarter of 2024

Recent updates

BlueNord ASA Updates on Tyra Redevelopment Project

Consensus EPS estimates fall by 26%

Consensus EPS estimates increase by 39%

Consensus EPS estimates fall by 45%

BlueNord's (OB:BNOR) Conservative Accounting Might Explain Soft Earnings

Consensus EPS estimates fall by 40%

New minor risk - Earnings quality

BlueNord ASA Provides Update on Tyra Redevelopment Project

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

BlueNord ASA Announces Positive Preliminary Results on HEMJ Well

Is BlueNord (OB:BNOR) Using Too Much Debt?

BlueNord ASA Provides an Update on Tyra Redevelopment Project

Consensus EPS estimates fall by 38%

Now 22% undervalued after recent price drop

An Intrinsic Calculation For BlueNord ASA (OB:BNOR) Suggests It's 22% Undervalued

BlueNord ASA Updates Production Guidance for the Fourth Quarter of 2024

Not Many Are Piling Into BlueNord ASA (OB:BNOR) Just Yet

Bluenord Asa Updates Production Guidance for the Third Quarter of 2024 and Full Year of 2024

Director recently sold kr1.5m worth of stock

Bluenord ASA Reiterates Production Guidance for the Third Quarter of 2024

BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital

No independent directors

Bluenord Announces Successful Spudding of Harald East Middle Jurassic Well

BlueNord ASA Reiterates Production Guidance for the Second Quarter of 2024

Bluenord Asa Approves Election of Glen Ole Rødland as Chair of the board

BlueNord Updates on Tyra Redevelopment Project

Now 21% undervalued

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

BlueNord Updates On Tyra Redevelopment Project: Opening on Valves in Nybro and Export of Gas to the Danish Market

BlueNord ASA Provides Update on Tyra Redevelopment Project

BlueNord ASA Reiterates Production Guidance for the First Quarter of 2024

BlueNord ASA Provides Update on Progress of the Tyra Redevelopment Project

These Analysts Just Made A Notable Downgrade To Their BlueNord ASA (OB:BNOR) EPS Forecasts

Full year 2023 earnings released: EPS: US$3.14 (vs US$1.22 loss in FY 2022)

BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky

BlueNord ASA to Report Q4, 2023 Results on Feb 20, 2024

BlueNord ASA to Report Q3, 2024 Results on Oct 31, 2024

BlueNord ASA Reiterates Annual Production Guidance for the Year 2023

BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital

Here's Why BlueNord (OB:BNOR) Is Weighed Down By Its Debt Load

Consensus revenue estimates increase by 12%, EPS downgraded

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

BlueNord ASA Announces Promotion of Jacqueline Lindmark Boye as Chief Financial Officer

Estimating The Fair Value Of BlueNord ASA (OB:BNOR)

BlueNord ASA Reiterates Production Guidance for the Third Quarter 2023

We Think BlueNord (OB:BNOR) Is Taking Some Risk With Its Debt

Second quarter 2023 earnings released: EPS: US$0.74 (vs US$2.00 loss in 2Q 2022)

BlueNord ASA Announces Significant Progress on Tyra II Gas Turbine Generators

BlueNord's (OB:BNOR) Returns On Capital Are Heading Higher

BlueNord ASA Announces Successful Spudding of the First Halfdan Tor North East Infill Well

BlueNord ASA Revises Production Guidance for the Second, Third and Fourth Quarter of 2023

BlueNord ASA Revises Production Guidance for the Second, Third and Fourth Quarter of 2023

BlueNord ASA (OB:BNOR) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

First quarter 2023 earnings released

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings released: US$1.22 loss per share (vs US$2.20 loss in FY 2021)

Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?

Norwegian Energy Company ASA, Annual General Meeting, Apr 25, 2023

No independent directors

Norwegian Energy Company Asa Revises Production Guidance for Fourth Quarter and Full Year 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

The Return Trends At Norwegian Energy (OB:NOR) Look Promising

Norwegian Energy Company ASA Provides Production Guidance for the Third Quarter, Fourth Quarter and Full Year of 2022

Norwegian Energy Company ASA Provides Production Guidance for the Third Quarter, Fourth Quarter and Full Year of 2022

Is Norwegian Energy (OB:NOR) A Risky Investment?

Norwegian Energy Company ASA Announces Successful Sail Away of the New Tyra II Process Module

Insider recently bought kr495k worth of stock

Norwegian Energy Company ASA Update on the Tyra Redevelopment Project

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind