BW Offshore Limited builds, owns, and operates oil and gas floating production, storage, and offloading vessels (FPSOs); and floating, storage, and offloading vessels (FSOs) to the oil and gas industries in the Asia Pacific, the Americas, the European Union, and West Africa. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has BW Offshore's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWO's share price has been volatile over the past 3 months.
7 Day Return
NO Energy Services
1 Year Return
NO Energy Services
Return vs Industry: BWO underperformed the Norwegian Energy Services industry which returned -52.9% over the past year.
Return vs Market: BWO underperformed the Norwegian Market which returned -6.3% over the past year.
Price Volatility Vs. Market
How volatile is BW Offshore's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat To Know Before Buying BW Offshore Limited (OB:BWO) For Its Dividend
1 month ago | Simply Wall StThree Days Left Until BW Offshore Limited (OB:BWO) Trades Ex-Dividend
Is BW Offshore undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BWO (NOK27.36) is trading below our estimate of fair value (NOK82.92)
Significantly Below Fair Value: BWO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BWO is unprofitable, so we can't compare its PE Ratio to the XE Energy Services industry average.
PE vs Market: BWO is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWO is overvalued based on its PB Ratio (0.7x) compared to the NO Energy Services industry average (0.3x).
How is BW Offshore forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BWO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: BWO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BWO's is expected to become profitable in the next 3 years.
Revenue vs Market: BWO's revenue is expected to decline over the next 3 years (-13.7% per year).
High Growth Revenue: BWO's revenue is forecast to decline over the next 3 years (-13.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BWO's Return on Equity is forecast to be low in 3 years time (12.1%).
How has BW Offshore performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWO is currently unprofitable.
Growing Profit Margin: BWO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BWO is unprofitable, but has reduced losses over the past 5 years at a rate of 18.4% per year.
Accelerating Growth: Unable to compare BWO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BWO is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-41.5%).
Return on Equity
High ROE: BWO has a negative Return on Equity (-20.56%), as it is currently unprofitable.
How is BW Offshore's financial position?
Financial Position Analysis
Short Term Liabilities: BWO's short term assets ($445.3M) exceed its short term liabilities ($359.1M).
Long Term Liabilities: BWO's short term assets ($445.3M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: BWO's debt to equity ratio (121.6%) is considered high.
Reducing Debt: BWO's debt to equity ratio has reduced from 158% to 121.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BWO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BWO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.5% per year.
What is BW Offshore current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWO's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.47%).
High Dividend: BWO's dividend (4.65%) is low compared to the top 25% of dividend payers in the Norwegian market (6.61%).
Stability and Growth of Payments
Stable Dividend: BWO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BWO has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: BWO is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BWO's dividends in 3 years are forecast to be well covered by earnings (21% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marco Beenen (50 yo)
Mr. Marco Beenen is the Director at BW Energy Limited since November 29, 2019. He has been Chief Executive Officer of BW Offshore Limited since July 1, 2019 and served as its Chief Operating Officer since ...
|Chief Executive Officer||1.25yrs||no data||0.026% |
|Chief Financial Officer||1.25yrs||no data||no data|
|Chief Operating Officer||1.25yrs||no data||0.011% |
|Head of Corporate Finance||no data||no data||no data|
|General Counsel||no data||no data||no data|
|Head of Human Capital||2.83yrs||no data||no data|
|Head of IT & Systems||no data||no data||no data|
|Senior Vice President Treasury||no data||no data||no data|
|Chief Commercial Officer||no data||no data||0.088% |
|Head of Asset Engineering & Maintenance||4.58yrs||no data||no data|
|Chief Exploration & Production Officer||1.92yrs||no data||no data|
|Head of Corporate Integrity||no data||no data||no data|
Experienced Management: BWO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Director||1.42yrs||no data||1.28% |
|Chairman||5.92yrs||no data||no data|
|Director||0.42yr||no data||no data|
|Non Executive Director||10.33yrs||no data||no data|
|Director||1.42yrs||no data||no data|
Experienced Board: BWO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
BW Offshore Limited's company bio, employee growth, exchange listings and data sources
- Name: BW Offshore Limited
- Ticker: BWO
- Exchange: OB
- Founded: 1982
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: kr4.947b
- Shares outstanding: 180.80m
- Website: https://www.bwoffshore.com
Number of Employees
- BW Offshore Limited
- Clarendon House
- 2 Church Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BWO||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||May 2006|
|XY81||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2006|
|0RKH||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||May 2006|
|BGSW.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||May 2006|
|BWOO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||May 2006|
BW Offshore Limited builds, owns, and operates oil and gas floating production, storage, and offloading vessels (FPSOs); and floating, storage, and offloading vessels (FSOs) to the oil and gas industries i ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/17 22:40|
|End of Day Share Price||2020/10/16 00:00|
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.