DNO ASA

OB:DNO Stock Report

Market Cap: NOK 15.7b

DNO Past Earnings Performance

Past criteria checks 0/6

DNO's earnings have been declining at an average annual rate of -0.4%, while the Oil and Gas industry saw earnings growing at 21.4% annually. Revenues have been declining at an average rate of 0.9% per year.

Key information

-0.43%

Earnings growth rate

-0.48%

EPS growth rate

Oil and Gas Industry Growth39.67%
Revenue growth rate-0.95%
Return on equity-6.34%
Net Margin-8.70%
Next Earnings Update05 Feb 2026

Recent past performance updates

Recent updates

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

Mar 23
DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt
User avatar

Reopening The Iraqi-Turkish Pipeline Will Increase Future Production Levels

Strategic acquisitions and exploration in the North Sea could drive revenue growth and strengthen earnings.

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

Revenue & Expenses Breakdown

How DNO makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:DNO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,169-102900
30 Jun 25793-91700
31 Mar 25672-47960
31 Dec 24667-27680
30 Sep 2468975710
30 Jun 246601700
31 Mar 24581-52610
31 Dec 2366819570
30 Sep 23806571030
30 Jun 231,004241740
31 Mar 231,3073321080
31 Dec 221,3773851050
30 Sep 221,4354071150
30 Jun 221,3503091460
31 Mar 221,1742931220
31 Dec 211,0042041300
30 Sep 2178279660
30 Jun 21691-75600
31 Mar 21579-195610
31 Dec 20615-286550
30 Sep 20715-175850
30 Jun 20779-1491110
31 Mar 20973-17990
31 Dec 19971741370
30 Sep 191,0662531270
30 Jun 191,0104131060
31 Mar 198913871100
31 Dec 18829354990
30 Sep 185771551000
30 Jun 184785541020
31 Mar 18413499940
31 Dec 17347495640
30 Sep 17274433420
30 Jun 17249-33330
31 Mar 17229-16460
31 Dec 16202-35500
30 Sep 16214-87510
30 Jun 16217-99510
31 Mar 16211-143420
31 Dec 15187-212370
30 Sep 15213-381420
30 Jun 15277-408590
31 Mar 15365-324570

Quality Earnings: DNO is currently unprofitable.

Growing Profit Margin: DNO is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DNO is unprofitable, and losses have increased over the past 5 years at a rate of 0.4% per year.

Accelerating Growth: Unable to compare DNO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DNO is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-40.2%).


Return on Equity

High ROE: DNO has a negative Return on Equity (-6.34%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/04 01:27
End of Day Share Price 2026/02/04 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

DNO ASA is covered by 21 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
null nullABG Sundal Collier
Rafal GutajBofA Global Research
Charlie SharpCanaccord Genuity