OKEA Stock Overview
An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. More details
| 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.
My Notes
Capture your thoughts, links and company narrative
OKEA ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 19.31 |
| 52 Week High | NOK 31.08 |
| 52 Week Low | NOK 18.79 |
| Beta | 1.02 |
| 1 Month Change | -6.72% |
| 3 Month Change | -12.07% |
| 1 Year Change | -36.44% |
| 3 Year Change | -23.07% |
| 5 Year Change | 10.34% |
| Change since IPO | -4.88% |
Recent News & Updates
Recent 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 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 | 2.0% | 0.3% | -1.1% |
| 1Y | -36.4% | -20.2% | -0.1% |
Return vs Industry: OKEA underperformed the Norwegian Oil and Gas industry which returned -20.2% over the past year.
Return vs Market: OKEA underperformed the Norwegian Market which returned -0.1% over the past year.
Price Volatility
| OKEA volatility | |
|---|---|
| OKEA Average Weekly Movement | 5.1% |
| Oil and Gas Industry Average Movement | 5.0% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.9% |
| 10% least volatile stocks in NO Market | 2.6% |
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 2.01b |
| Earnings (TTM) | -NOK 947.38m |
| Revenue (TTM) | NOK 10.84b |
0.2x
P/S Ratio-2.1x
P/E RatioIs OKEA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKEA income statement (TTM) | |
|---|---|
| Revenue | NOK 10.84b |
| Cost of Revenue | NOK 3.11b |
| Gross Profit | NOK 7.73b |
| Other Expenses | NOK 8.68b |
| Earnings | -NOK 947.38m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 30, 2025
| Earnings per share (EPS) | -9.12 |
| Gross Margin | 71.28% |
| Net Profit Margin | -8.74% |
| Debt/Equity Ratio | 248.1% |
How did OKEA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:00 |
| End of Day Share Price | 2024/12/23 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 |
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| Management | 10 years |
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| 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
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 .
Analyst Sources
OKEA ASA is covered by 7 analysts. 5 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 |
|---|---|
| Jørgen Lande | Danske Bank |
| Vidar Lyngvær | Danske Bank |
| Mikael Gjerding | DNB Markets |