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

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.

About the company

DNO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 68.1% below our estimate of its fair value

Earnings are forecast to grow 26.3% per year

Risk Analysis

Dividend of 8.2% is not well covered by earnings or free cash flows

Profit margins (0.2%) are lower than last year (24%)

Large one-off items impacting financial results

DNO ASA Competitors

BlueNord

OB:BNOR

NOK 13.1b

BW Energy

OB:BWE

NOK 8.1b

Vår Energi

OB:VAR

NOK 86.7b

Panoro Energy

OB:PEN

NOK 3.4b

Price History & Performance

Summary of all time highs, changes and price drops for DNO
Historical stock prices
Current Share Price	NOK 11.72
52 Week High	NOK 12.19
52 Week Low	NOK 8.72
Beta	1.72
11 Month Change	6.64%
3 Month Change	4.36%
1 Year Change	17.20%
33 Year Change	46.50%
5 Year Change	-2.98%
Change since IPO	167.99%

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

Aug 23

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

Aug 19

Recent updates

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

May 16

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

Mar 30

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

Mar 15

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

Mar 02

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

Jan 31

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

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

Nov 03

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

Sep 22

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

Aug 11

Is DNO (OB:DNO) A Risky Investment?

Aug 06

Shareholder Returns

	DNO	NO Oil and Gas	NO Market
7D	-0.2%	-4.8%	-1.8%
1Y	17.2%	-8.3%	6.0%

Return vs Industry: DNO exceeded the Norwegian Oil and Gas industry which returned -7% over the past year.

Return vs Market: DNO exceeded the Norwegian Market which returned 6.3% over the past year.

Price Volatility

Is DNO's price volatile compared to industry and market?
DNO volatility
DNO Average Weekly Movement	4.3%
Oil and Gas Industry Average Movement	4.3%
Market Average Movement	4.8%
10% most volatile stocks in NO Market	10.1%
10% least volatile stocks in NO Market	2.7%

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

Volatility Over Time: DNO's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1971	1,085	Chris Spencer	www.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 cap	NOK 11.43b
Earnings (TTM)	NOK 10.61m
Revenue (TTM)	NOK 7.00b

1,077x

P/E Ratio

1.6x

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)
Revenue	US$659.90m
Cost of Revenue	US$389.50m
Gross Profit	US$270.40m
Other Expenses	US$269.40m
Earnings	US$1.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 07, 2024

Earnings per share (EPS)	0.001
Gross Margin	40.98%
Net Profit Margin	0.15%
Debt/Equity Ratio	62.9%

How did DNO perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

9,648%

Payout Ratio

Does DNO pay a reliable dividends?

See DNO dividend history and benchmarks

When do you need to buy DNO by to receive an upcoming dividend?
DNO dividend dates
Ex Dividend Date	Aug 22 2024
Dividend Pay Date	Aug 30 2024
Days until Ex dividend	1 day
Days until Dividend pay date	7 days

Does DNO pay a reliable dividends?

See DNO dividend history and benchmarks

DNO Stock Overview

Rewards

Risk Analysis

DNO ASA Competitors

OB:BNOR

NOK 13.1b

OB:BWE

NOK 8.1b

OB:VAR

NOK 86.7b

OB:PEN

NOK 3.4b

Price History & Performance

Recent News & Updates

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

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

Second quarter dividend of kr0.31 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

DNO ASA Approves Dividend, Payable on or About 30 August 2024

Less than half of directors are independent

Recent updates

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

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

Second quarter dividend of kr0.31 announced

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

DNO ASA Approves Dividend, Payable on or About 30 August 2024

Less than half of directors are independent

DNO ASA Racks Up Discoveries in Its Offshore Norway Core Area

DNO ASA Approves Dividend, Payable on or About 28 May 2024

DNO ASA Announces Kurdistan Operations Recover Rapidly from Torrential Flooding

DNO ASA Announces Completion of an Appraisal Well and Sidetrack

Full year 2023 earnings: EPS and revenues exceed analyst expectations

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

Consensus EPS estimates increase from loss to US$0.01 profit, revenue downgraded

Consensus revenue estimates fall by 22%

Price target decreased by 7.3% to kr14.38

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

DNO ASA Approves Dividend, Payable on or About 26 February 2024

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

Consensus EPS estimates fall by 37%

Less than half of directors are independent

DNO ASA to Report Q3, 2024 Results on Nov 07, 2024

DNO ASA Announces Successful Completion of the Second Appraisal Well on the Bergknapp/re Discovery in License PL836S in the Norwegian Sea

DNO Announces Successful Ofelia Appraisal and New Kyrre Discovery

DNO ASA Approves Dividend, Payable on or About 24 November 2023

DNO ASA Reopens Production At Tawke PSC

DNO Makes Play-Opening Discovery at Norma

DNO ASA Announces Managing Director Changes

DNO ASA Announces Update on Tawke PSC

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

DNO ASA Approves Dividend Payment, o Be Made on or About 1 September 2023

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

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

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

DNO ASA Announces Gas and Condensate Discovery on the Carmen Prospect in the Norwegian North Sea License PL1148

Price target decreased by 9.3% to kr16.67

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

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

Insider recently bought kr148k worth of stock

Less than half of directors are independent

DNO ASA Approves Executive Changes

Consensus EPS estimates increase by 101%, revenue downgraded

Consensus revenue estimates increase by 13%

Upcoming dividend of kr0.25 per share at 9.7% yield

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

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

DNO ASA Approves Cash Dividend, Payable on or about June 2, 2023

Price target increased by 12% to kr19.63

Investor sentiment improves as stock rises 21%

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

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

Now 26% undervalued after recent price drop

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

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

Full year 2022 earnings released: EPS: US$0.39 (vs US$0.21 in FY 2021)

DNO ASA Confirms Oil and Gas Discovery on the Røver Sør Prospect in the Norwegian North Sea License PL923

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

Consensus EPS estimates fall by 13%

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