OKEA Past Earnings Performance
Past criteria checks 3/6
OKEA has been growing earnings at an average annual rate of 4.8%, while the Oil and Gas industry saw earnings growing at 32% annually. Revenues have been growing at an average rate of 32.7% per year. OKEA's return on equity is 48.9%, and it has net margins of 6.3%.
Key information
4.84%
Earnings growth rate
5.32%
EPS growth rate
| Oil and Gas Industry Growth | 39.67% |
| Revenue growth rate | 32.67% |
| Return on equity | 48.93% |
| Net Margin | 6.34% |
| Next Earnings Update | 16 Jul 2025 |
Recent past performance updates
Recent updates
OKEA's (OB:OKEA) Solid Earnings Are Supported By Other Strong Factors
Apr 08
Lacklustre Performance Is Driving OKEA ASA's (OB:OKEA) Low P/S
Mar 20OKEA (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 11Revenue & Expenses Breakdown
How OKEA 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 |
|---|---|---|---|---|
| 31 Mar 25 | 986 | 62 | 46 | 0 |
| 31 Dec 24 | 965 | 34 | 38 | 0 |
| 30 Sep 24 | 1,028 | -90 | 31 | 0 |
| 30 Jun 24 | 940 | -112 | 31 | 0 |
| 31 Mar 24 | 862 | -112 | 24 | 0 |
| 31 Dec 23 | 860 | -92 | 21 | 0 |
| 30 Sep 23 | 768 | 61 | 47 | 0 |
| 30 Jun 23 | 764 | 67 | 46 | 0 |
| 31 Mar 23 | 746 | 65 | 38 | 0 |
| 31 Dec 22 | 653 | 68 | 48 | 0 |
| 30 Sep 22 | 598 | 58 | 31 | 0 |
| 30 Jun 22 | 550 | 63 | 34 | 0 |
| 31 Mar 22 | 541 | 90 | 42 | 0 |
| 31 Dec 21 | 429 | 68 | 43 | 0 |
| 30 Sep 21 | 312 | 57 | 39 | 0 |
| 30 Jun 21 | 235 | 45 | 36 | 0 |
| 31 Mar 21 | 197 | 24 | 26 | 0 |
| 31 Dec 20 | 193 | -70 | 15 | 0 |
| 30 Sep 20 | 172 | -84 | 23 | 0 |
| 30 Jun 20 | 198 | -88 | 33 | 0 |
| 31 Mar 20 | 259 | -81 | 33 | 0 |
| 31 Dec 19 | 334 | -8 | 40 | 0 |
| 30 Sep 19 | 275 | -15 | 39 | 0 |
| 30 Jun 19 | 224 | -14 | 30 | 0 |
| 31 Mar 19 | 104 | -20 | 24 | 0 |
| 31 Dec 18 | 17 | -19 | 21 | 0 |
| 30 Sep 18 | 11 | -16 | 8 | 0 |
| 30 Jun 18 | 8 | -9 | 7 | 0 |
| 31 Mar 18 | 5 | -6 | 6 | 0 |
| 31 Dec 17 | 5 | -6 | 5 | 0 |
Quality Earnings: OKEA has high quality earnings.
Growing Profit Margin: OKEA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OKEA has become profitable over the past 5 years, growing earnings by 4.8% per year.
Accelerating Growth: OKEA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OKEA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-8.6%).
Return on Equity
High ROE: Whilst OKEA's Return on Equity (48.93%) is outstanding, this metric is skewed due to their high level of debt.
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 | 2025/05/12 06:35 |
| End of Day Share Price | 2025/05/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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
OKEA ASA is covered by 6 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 |
|---|---|
| null null | ABG Sundal Collier |
| Jørgen Lande | Danske Bank |
| Vidar Lyngvær | Danske Bank |