BlueNord Future Growth

Future criteria checks 4/6

BlueNord is forecast to grow earnings and revenue by 15.9% and 10.4% per annum respectively. EPS is expected to grow by 15.7% per annum. Return on equity is forecast to be 51.6% in 3 years.

Key information

15.9%

Earnings growth rate

15.7%

EPS growth rate

Oil and Gas earnings growth	-3.3%
Revenue growth rate	10.4%
Future return on equity	51.6%
Analyst coverage	Low
Last updated	02 May 2024

Recent future growth updates

Recent updates

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

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

Oct 28

We Like These Underlying Trends At Norwegian Energy (OB:NOR)

Mar 09

These 4 Measures Indicate That Norwegian Energy (OB:NOR) Is Using Debt Extensively

Feb 10

Are Norwegian Energy's (OB:NOR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 19

Should You Review Recent Insider Transactions At Norwegian Energy Company ASA (OB:NOR)?

Dec 30

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
12/31/2026	1,199	208	201	370	3
12/31/2025	1,320	237	483	627	3
12/31/2024	967	133	197	407	3
12/31/2023	795	110	-61	250	N/A
9/30/2023	841	130	107	403	N/A
6/30/2023	934	125	233	505	N/A
3/31/2023	1,008	56	380	631	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	56	56	N/A
12/31/2017	1	-51	53	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
12/31/2013	147	-166	N/A	243	N/A
9/30/2013	136	-256	N/A	117	N/A
6/30/2013	145	-190	N/A	112	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BNOR's forecast earnings growth (15.9% per year) is above the savings rate (2.1%).

Earnings vs Market: BNOR's earnings (15.9% per year) are forecast to grow faster than the Norwegian market (13.3% per year).

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

Revenue vs Market: BNOR's revenue (10.4% per year) is forecast to grow faster than the Norwegian market (1.8% per year).

High Growth Revenue: BNOR's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BNOR's Return on Equity is forecast to be very high in 3 years time (51.6%).

BlueNord Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

BlueNord Updates on Tyra Redevelopment Project

BlueNord ASA Reiterates Production Guidance for the First Quarter of 2024

BlueNord ASA Reiterates Annual Production Guidance for the Year 2023

Consensus revenue estimates increase by 12%, EPS downgraded

BlueNord ASA Reiterates Production Guidance for the Third Quarter 2023

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

Recent updates

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

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

Norwegian Energy Company ASA Promotes Marianne Eide as Chief Operating Officer

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

Norwegian Energy Company ASA Revises Production Guidance for the Year 2022

No independent directors

Norwegian Energy Company ASA Provides Production Guidance for the Year 2022

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Norwegian Energy Company Deleted from Other OTC

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

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Chief Executive Officer David Cook has left the company

Third quarter 2021 earnings released: EPS US$0.10 (vs US$0.12 loss in 3Q 2020)

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

Norwegian Energy Company ASA Reports Production Results for the Second Quarter of 2021

Second quarter 2021 earnings released: US$0.80 loss per share (vs US$1.20 profit in 2Q 2020)

First quarter 2021 earnings released: US$0.40 loss per share (vs US$0.60 loss in 1Q 2020)

Full year 2020 earnings released: EPS US$0.70 (vs US$14.59 in FY 2019)

Director has left the company

Price target increased to kr400

Norwegian Energy Company Asa Appoints John Hulme as Chief Operating Officer

Investor sentiment improved over the past week

New 90-day high: kr149

We Like These Underlying Trends At Norwegian Energy (OB:NOR)

Full year 2020 earnings released: EPS US$0.70 (vs US$14.79 in FY 2019)