DNO Past Earnings Performance
Past criteria checks 4/6
DNO has been growing earnings at an average annual rate of 20%, while the Oil and Gas industry saw earnings growing at 32.6% annually. Revenues have been declining at an average rate of 0.8% per year. DNO's return on equity is 6.2%, and it has net margins of 10.9%.
Key information
20.0%
Earnings growth rate
20.5%
EPS growth rate
| Oil and Gas Industry Growth | 39.7% |
| Revenue growth rate | -0.8% |
| Return on equity | 6.2% |
| Net Margin | 10.9% |
| Next Earnings Update | 06 Feb 2025 |
Recent past performance updates
Recent updates
DNO (OB:DNO) Could Be Struggling To Allocate Capital
Oct 09
What You Can Learn From DNO ASA's (OB:DNO) P/S
Sep 16We Think You Can Look Beyond DNO's (OB:DNO) Lackluster Earnings
Aug 23DNO (OB:DNO) Is Increasing Its Dividend To $0.3125
Aug 19It's A Story Of Risk Vs Reward With DNO ASA (OB:DNO)
Mar 08DNO ASA (OB:DNO) Analysts Are More Bearish Than They Used To Be
Feb 13DNO (OB:DNO) Takes On Some Risk With Its Use Of Debt
Jan 21Here's Why DNO (OB:DNO) Has Caught The Eye Of Investors
Aug 09Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital
Jul 12An Intrinsic Calculation For DNO ASA (OB:DNO) Suggests It's 47% Undervalued
Jun 24DNO (OB:DNO) Seems To Use Debt Quite Sensibly
Jun 06Growth Investors: Industry Analysts Just Upgraded Their DNO ASA (OB:DNO) Revenue Forecasts By 13%
May 16Some Investors May Be Worried About DNO's (OB:DNO) Returns On Capital
Mar 30Does DNO (OB:DNO) Deserve A Spot On Your Watchlist?
Mar 15Estimating The Fair Value Of DNO ASA (OB:DNO)
Mar 02DNO (OB:DNO) Could Easily Take On More Debt
Jan 31DNO (OB:DNO) Could Be Struggling To Allocate Capital
Dec 21With EPS Growth And More, DNO (OB:DNO) Makes An Interesting Case
Nov 21Revenue & Expenses Breakdown
How DNO makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 689 | 75 | 77 | 0 |
| 30 Jun 24 | 660 | 1 | 76 | 0 |
| 31 Mar 24 | 581 | -52 | 67 | 0 |
| 31 Dec 23 | 668 | 19 | 63 | 0 |
| 30 Sep 23 | 806 | 57 | 103 | 0 |
| 30 Jun 23 | 1,004 | 241 | 74 | 0 |
| 31 Mar 23 | 1,307 | 332 | 108 | 0 |
| 31 Dec 22 | 1,377 | 385 | 105 | 0 |
| 30 Sep 22 | 1,435 | 407 | 115 | 0 |
| 30 Jun 22 | 1,350 | 309 | 146 | 0 |
| 31 Mar 22 | 1,174 | 293 | 122 | 0 |
| 31 Dec 21 | 1,004 | 204 | 130 | 0 |
| 30 Sep 21 | 782 | 79 | 66 | 0 |
| 30 Jun 21 | 691 | -75 | 60 | 0 |
| 31 Mar 21 | 579 | -195 | 61 | 0 |
| 31 Dec 20 | 615 | -286 | 55 | 0 |
| 30 Sep 20 | 715 | -175 | 85 | 0 |
| 30 Jun 20 | 779 | -149 | 111 | 0 |
| 31 Mar 20 | 973 | -17 | 99 | 0 |
| 31 Dec 19 | 971 | 74 | 137 | 0 |
| 30 Sep 19 | 1,066 | 253 | 127 | 0 |
| 30 Jun 19 | 1,010 | 413 | 106 | 0 |
| 31 Mar 19 | 891 | 387 | 110 | 0 |
| 31 Dec 18 | 829 | 354 | 99 | 0 |
| 30 Sep 18 | 577 | 155 | 100 | 0 |
| 30 Jun 18 | 478 | 554 | 102 | 0 |
| 31 Mar 18 | 413 | 499 | 94 | 0 |
| 31 Dec 17 | 347 | 495 | 64 | 0 |
| 30 Sep 17 | 274 | 433 | 42 | 0 |
| 30 Jun 17 | 249 | -33 | 33 | 0 |
| 31 Mar 17 | 229 | -16 | 46 | 0 |
| 31 Dec 16 | 202 | -35 | 50 | 0 |
| 30 Sep 16 | 214 | -87 | 51 | 0 |
| 30 Jun 16 | 217 | -99 | 51 | 0 |
| 31 Mar 16 | 211 | -143 | 42 | 0 |
| 31 Dec 15 | 187 | -212 | 37 | 0 |
| 30 Sep 15 | 213 | -381 | 42 | 0 |
| 30 Jun 15 | 277 | -408 | 59 | 0 |
| 31 Mar 15 | 365 | -324 | 57 | 0 |
| 31 Dec 14 | 452 | -226 | 64 | 0 |
| 30 Sep 14 | 506 | -72 | 60 | 0 |
| 30 Jun 14 | 525 | 17 | 47 | 0 |
| 31 Mar 14 | 513 | 21 | 46 | 0 |
| 31 Dec 13 | 503 | 27 | 39 | 0 |
Quality Earnings: DNO has a large one-off loss of $49.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: DNO's current net profit margins (10.9%) are higher than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DNO's earnings have grown by 20% per year over the past 5 years.
Accelerating Growth: DNO's earnings growth over the past year (32.5%) exceeds its 5-year average (20% per year).
Earnings vs Industry: DNO earnings growth over the past year (32.5%) exceeded the Oil and Gas industry -3.7%.
Return on Equity
High ROE: DNO's Return on Equity (6.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Trond Omdal | Arctic Securities ASA |
| Carl Bachke | Beringer Finance AB |
| Rafal Gutaj | BofA Global Research |