OKEA Stock Overview
An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for OKEA from our risk checks.
OKEA ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 24.62 |
| 52 Week High | NOK 40.26 |
| 52 Week Low | NOK 18.98 |
| Beta | 1.01 |
| 11 Month Change | 21.88% |
| 3 Month Change | -1.28% |
| 1 Year Change | -28.55% |
| 33 Year Change | 13.98% |
| 5 Year Change | 26.65% |
| Change since IPO | 21.28% |
Recent News & Updates
OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet
Sep 26
Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts
Jul 21OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jul 12Recent updates
OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet
Sep 26Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts
Jul 21OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jul 12Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates
Jan 23Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E
Jan 21Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?
Dec 03Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?
Oct 13Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week
Sep 03OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00
Aug 10Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts
Jul 16New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)
May 01Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts
Mar 26Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook
Feb 11OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Aug 21Shareholder Returns
| OKEA | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 15.3% | 9.8% | 3.5% |
| 1Y | -28.6% | -13.1% | 5.2% |
Return vs Industry: OKEA underperformed the Norwegian Oil and Gas industry which returned -13.1% over the past year.
Return vs Market: OKEA underperformed the Norwegian Market which returned 5.2% over the past year.
Price Volatility
| OKEA volatility | |
|---|---|
| OKEA Average Weekly Movement | 5.3% |
| Oil and Gas Industry Average Movement | 4.8% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in NO Market | 11.8% |
| 10% least volatile stocks in NO Market | 2.8% |
Stable Share Price: OKEA has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: OKEA's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 435 | Svein Liknes | okea.no |
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. It holds 44.56% interests in Draugen, 35.2% interests in Brage, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 15% interests in Yme, and 6% interests in Nova. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.
OKEA ASA Fundamentals Summary
| OKEA fundamental statistics | |
|---|---|
| Market cap | NOK 2.56b |
| Earnings (TTM) | -NOK 1.19b |
| Revenue (TTM) | NOK 10.03b |
0.3x
P/S Ratio-2.1x
P/E RatioIs OKEA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKEA income statement (TTM) | |
|---|---|
| Revenue | NOK 10.03b |
| Cost of Revenue | NOK 2.79b |
| Gross Profit | NOK 7.24b |
| Other Expenses | NOK 8.43b |
| Earnings | -NOK 1.19b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 31, 2024
| Earnings per share (EPS) | -11.48 |
| Gross Margin | 72.19% |
| Net Profit Margin | -11.89% |
| Debt/Equity Ratio | 404.1% |
How did OKEA perform over the long term?
See historical performance and comparison