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DNO OB:DNO Stock Report

Last Price

NOK 10.47

Market Cap

NOK 10.2b

7D

5.1%

1Y

4.0%

Updated

30 Dec, 2024

Data

Company Financials +

DNO ASA

OB:DNO Stock Report

Market Cap: NOK 10.2b

DNO Stock Overview

Engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. More details

DNO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Rewards

Trading at 72.9% below our estimate of its fair value

Earnings are forecast to grow 15.29% per year

Earnings grew by 32.5% over the past year

Risk Analysis

Dividend of 11.84% is not well covered by earnings or free cash flows

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

DNO ASA Competitors

BlueNord

OB:BNOR

NOK 17.4b

BW Energy

OB:BWE

NOK 6.8b

Panoro Energy

OB:PEN

NOK 3.2b

Vår Energi

OB:VAR

NOK 88.1b

Price History & Performance

Summary of share price highs, lows and changes for DNO
Historical stock prices
Current Share PriceNOK 10.47
52 Week HighNOK 12.80
52 Week LowNOK 8.72
Beta1.72
1 Month Change2.55%
3 Month Change-10.59%
1 Year Change3.97%
3 Year Change-2.06%
5 Year Change4.54%
Change since IPO139.41%

Recent News & Updates

Recent updates

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Oct 09
DNO (OB:DNO) Could Be Struggling To Allocate Capital

What You Can Learn From DNO ASA's (OB:DNO) P/S

Sep 16
What You Can Learn From DNO ASA's (OB:DNO) P/S

We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

Aug 23
We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings

DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

Aug 19
DNO (OB:DNO) Is Increasing Its Dividend To $0.3125

It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

Mar 08
It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)

DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

Feb 13
DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be

DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Jan 21
DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt

Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

Aug 09
Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Jul 12
Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

Jun 24
An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued

DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Jun 06
DNO (OB:DNO) Seems To Use Debt Quite Sensibly

Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

May 16
Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%

Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Mar 30
Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital

Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Mar 15
Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of DNO ASA (OB:DNO)

Mar 02
Estimating The Fair Value Of DNO ASA (OB:DNO)

DNO (OB:DNO) Could Easily Take On More Debt

Jan 31
DNO (OB:DNO) Could Easily Take On More Debt

DNO (OB:DNO) Could Be Struggling To Allocate Capital

Dec 21
DNO (OB:DNO) Could Be Struggling To Allocate Capital

With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Nov 21
With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case

Shareholder Returns

DNONO Oil and GasNO Market
7D5.1%2.6%1.4%
1Y4.0%-17.6%0.3%

Return vs Industry: DNO exceeded the Norwegian Oil and Gas industry which returned -17.6% over the past year.

Return vs Market: DNO exceeded the Norwegian Market which returned 0.3% over the past year.

Price Volatility

Is DNO's price volatile compared to industry and market?
DNO volatility
DNO Average Weekly Movement4.9%
Oil and Gas Industry Average Movement5.0%
Market Average Movement4.9%
10% most volatile stocks in NO Market11.1%
10% least volatile stocks in NO Market2.6%

Stable Share Price: DNO has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: DNO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19711,085Chris Spencerwww.dno.no

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa. DNO ASA was founded in 1971 and is headquartered in Oslo, Norway.

DNO ASA Fundamentals Summary

How do DNO's earnings and revenue compare to its market cap?
DNO fundamental statistics
Market capNOK 10.21b
Earnings (TTM)NOK 856.29m
Revenue (TTM)NOK 7.83b

11.9x

P/E Ratio

1.3x

P/S Ratio

Is DNO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DNO income statement (TTM)
RevenueUS$689.40m
Cost of RevenueUS$404.00m
Gross ProfitUS$285.40m
Other ExpensesUS$210.00m
EarningsUS$75.40m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 06, 2025

Earnings per share (EPS)0.077
Gross Margin41.40%
Net Profit Margin10.94%
Debt/Equity Ratio63.4%

How did DNO perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

136%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 21:59
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

DNO ASA is covered by 33 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.

AnalystInstitution
Trond OmdalArctic Securities ASA
Carl BachkeBeringer Finance AB
Rafal GutajBofA Global Research