DNO (OB:DNO) - Stock Price, News & Analysis

DNO Stock Overview

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East and the North Sea.

DNO fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 40% below our estimate of its fair value

Earnings grew by 417.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 24.2% per year for the next 3 years

Unstable dividend track record

Shareholders have been diluted in the past year

My Notes

New

Notes are coming soon

DNO ASA Competitors

BW Energy

OB:BWE

kr7.3b

OKEA

OB:OKEA

kr3.4b

Vår Energi

OB:VAR

kr74.7b

Panoro Energy

OB:PEN

kr3.4b

Price History & Performance

Summary of all time highs, changes and price drops for DNO
Historical stock prices
Current Share Price	kr12.46
52 Week High	kr17.97
52 Week Low	kr10.63
Beta	2.11
1 Month Change	6.50%
3 Month Change	-9.05%
1 Year Change	-5.96%
3 Year Change	33.75%
5 Year Change	22.46%
Change since IPO	184.91%

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

Dec 21

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

Nov 21

Recent updates

These Analysts Just Made An Incredible Downgrade To Their DNO ASA (OB:DNO) EPS Forecasts

Jun 22

DNO (OB:DNO) Might Have The Makings Of A Multi-Bagger

May 05

Analysts' Revenue Estimates For DNO ASA (OB:DNO) Are Surging Higher

Mar 19

DNO (OB:DNO) Has A Pretty Healthy Balance Sheet

Mar 07

Analysts Just Published A Bright New Outlook For DNO ASA's (OB:DNO)

Feb 17

DNO (OB:DNO) Shareholders Will Want The ROCE Trajectory To Continue

Jan 10

Calculating The Intrinsic Value Of DNO ASA (OB:DNO)

Dec 23

Are Investors Undervaluing DNO ASA (OB:DNO) By 21%?

Sep 14

Does DNO (OB:DNO) Have A Healthy Balance Sheet?

Aug 07

DNO ASA (OB:DNO) Shares Could Be 28% Above Their Intrinsic Value Estimate

May 05

DNO (OB:DNO) Has Debt But No Earnings; Should You Worry?

Apr 12

If You Had Bought DNO (OB:DNO) Stock A Year Ago, You Could Pocket A 196% Gain Today

Mar 16

Trade Alert: The Human Resources Director Of DNO ASA (OB:DNO), Geir Skau, Has Just Spent US$118k Buying 140% More Shares

Feb 22

Forecast: Analysts Think DNO ASA's (OB:DNO) Business Prospects Have Improved Drastically

Feb 14

How Many DNO ASA (OB:DNO) Shares Do Institutions Own?

Feb 07

Read This Before Buying DNO ASA (OB:DNO) For Its Dividend

Jan 21

Health Check: How Prudently Does DNO (OB:DNO) Use Debt?

Jan 03

DNO ASA (OB:DNO) Shares Could Be 40% Below Their Intrinsic Value Estimate

Dec 16

DNO ASA (OB:DNO) Insiders Increased Their Holdings

Dec 01

Shareholder Returns

	DNO	NO Oil and Gas	NO Market
7D	-1.0%	-3.1%	-0.2%
1Y	-6.0%	14.7%	-3.9%

Return vs Industry: DNO underperformed the Norwegian Oil and Gas industry which returned 13.2% over the past year.

Return vs Market: DNO underperformed the Norwegian Market which returned -4.4% over the past year.

Price Volatility

Is DNO's price volatile compared to industry and market?
DNO volatility
DNO Average Weekly Movement	5.0%
Oil and Gas Industry Average Movement	5.9%
Market Average Movement	5.9%
10% most volatile stocks in NO Market	12.0%
10% least volatile stocks in NO Market	3.1%

Stable Share Price: DNO is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

Founded	Employees	CEO	Website
1971	1,327	Bjorn Dale	https://www.dno.no

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East and the North Sea. Its flagship project is the Tawke field that is located in the Kurdistan region of Iraq. As of December 31, 2021, its proven reserves consisted of 196.1 million barrels of oil equivalent (MMboe); proven and probable reserves included 321.4 MMboe; and proven, probable, and possible reserves consisted of 420.6 MMboe.

DNO ASA Fundamentals Summary

How do DNO's earnings and revenue compare to its market cap?
DNO fundamental statistics
Market Cap	kr12.54b
Earnings (TTM)	kr4.03b
Revenue (TTM)	kr14.21b

3.1x

P/E Ratio

0.9x

P/S Ratio

Is DNO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DNO income statement (TTM)
Revenue	US$1.44b
Cost of Revenue	US$480.40m
Gross Profit	US$955.00m
Other Expenses	US$547.70m
Earnings	US$407.30m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 09, 2023

Earnings per share (EPS)	0.40
Gross Margin	66.53%
Net Profit Margin	28.38%
Debt/Equity Ratio	43.4%

How did DNO perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

11%

Payout Ratio

DNO Stock Overview

Rewards

Risk Analysis

DNO ASA Competitors

OB:BWE

kr7.3b

OB:OKEA

kr3.4b

OB:VAR

kr74.7b

OB:PEN

kr3.4b

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 13%

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

DNO ASA (OB:DNO) commences an Equity Buyback, under the authorization approved on May 25, 2022.

Insider recently bought kr125k worth of stock

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

Less than half of directors are independent

Recent updates

Consensus EPS estimates fall by 13%

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

DNO ASA (OB:DNO) commences an Equity Buyback, under the authorization approved on May 25, 2022.

Insider recently bought kr125k worth of stock

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

Less than half of directors are independent

DNO ASA to Report First Half, 2023 Results on Aug 17, 2023

Insider recently bought kr485k worth of stock

Consensus EPS estimates fall by 28%

DNO ASA Approves Dividend, Payable on or About 16 November 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

DNO ASA Approves Dividend, Payable on or About 16 November 2022

DNO ASA (OB:DNO) Shares Could Be 50% Below Their Intrinsic Value Estimate

DNO ASA (OB:DNO) completed the acquisition of Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP).

Analysts Just Published A Bright New Outlook For DNO ASA's (OB:DNO)

Price target increased to kr19.63

Consensus forecasts updated

DNO ASA Confirmes an Oil Discovery on the Ofelia Prospect

DNO ASA (OB:DNO) entered into a transaction agreement to acquire Mondoil Enterprises LLC from RAK Petroleum plc (OB:RAKP) for approximately $120 million.

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

DNO ASA Approves Cash Dividend, Payable on or About 23 August 2022

Need To Know: Analysts Are Much More Bullish On DNO ASA (OB:DNO) Revenues

Consensus forecasts updated

Price target increased to kr17.63

Is DNO (OB:DNO) A Risky Investment?

Consensus EPS estimates increase by 16%

DNO ASA Reports Edinburgh Exploration Well Comes Up Dry

These Analysts Just Made An Incredible Downgrade To Their DNO ASA (OB:DNO) EPS Forecasts

Consensus revenue estimates fall by 17%

Chief Commercial Officer recently sold kr343k worth of stock

DNO ASA Proposes Dividend for the Year 2021

DNO (OB:DNO) Might Have The Makings Of A Multi-Bagger

Price target increased to kr16.30

Insufficient new directors

Price target increased to kr16.30

DNO ASA Confirms Oil and Gas Discovery on the Kveikje Prospect

Investor sentiment improved over the past week

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

Analysts' Revenue Estimates For DNO ASA (OB:DNO) Are Surging Higher

Consensus revenue estimates increase by 11%

Now 24% undervalued

DNO (OB:DNO) Has A Pretty Healthy Balance Sheet

Investor sentiment improved over the past week

Consensus forecasts updated

Consensus revenue estimates increase by 15%

Analysts Just Published A Bright New Outlook For DNO ASA's (OB:DNO)

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

DNO ASA provides an Update on Tawke PSC

Now 20% undervalued

Consensus EPS estimates increase by 19%

DNO (OB:DNO) Shareholders Will Want The ROCE Trajectory To Continue

Calculating The Intrinsic Value Of DNO ASA (OB:DNO)

Consensus EPS estimates increase to US$0.22

Price target increased to kr13.26

DNO ASA Updates North Sea Drilling

Are Investors Undervaluing DNO ASA (OB:DNO) By 21%?

Aker BP ASA (OB:AKRBP) acquired an additional 20% interest in PL006C License from DNO ASA (OB:DNO).

Does DNO (OB:DNO) Have A Healthy Balance Sheet?

DNO ASA (OB:DNO) completed the acquisition of additional 32% stake in Baeshiqa License in the Kurdistan Region from Exxon Mobil Corporation (NYSE:XOM).