Panoro Energy Future Growth

Future criteria checks 4/6

Panoro Energy is forecast to grow earnings and revenue by 18.4% and 6.9% per annum respectively. EPS is expected to grow by 20.6% per annum. Return on equity is forecast to be 26% in 3 years.

Key information

18.4%

Earnings growth rate

20.6%

EPS growth rate

Oil and Gas earnings growth	-3.3%
Revenue growth rate	6.9%
Future return on equity	26.0%
Analyst coverage	Good
Last updated	09 Apr 2024

Recent future growth updates

Panoro Energy ASA Just Missed Earnings - But Analysts Have Updated Their Models

Feb 25

Recent updates

Panoro Energy ASA's (OB:PEN) Intrinsic Value Is Potentially 97% Above Its Share Price

Sep 02

Is Panoro Energy (OB:PEN) A Risky Investment?

Jul 07

Forecast: Analysts Think Panoro Energy ASA's (OB:PEN) Business Prospects Have Improved Drastically

Apr 06

Analysts Are Updating Their Panoro Energy ASA (OB:PEN) Estimates After Its Annual Results

Feb 26

These 4 Measures Indicate That Panoro Energy (OB:PEN) Is Using Debt In A Risky Way

Jun 10

Is There An Opportunity With Panoro Energy ASA's (OB:PEN) 43% Undervaluation?

May 06

How Much Of Panoro Energy ASA (OB:PEN) Do Insiders Own?

Feb 23

Have Insiders Been Buying Panoro Energy ASA (OB:PEN) Shares?

Jan 01

Earnings and Revenue Growth Forecasts

OB:PEN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	301	92	104	140	4
12/31/2025	326	102	121	160	6
12/31/2024	305	100	74	154	5
12/31/2023	218	33	12	80	N/A
9/30/2023	236	35	43	114	N/A
6/30/2023	225	42	54	126	N/A
3/31/2023	225	42	59	120	N/A
12/31/2022	180	19	48	113	N/A
9/30/2022	193	20	38	108	N/A
6/30/2022	100	-35	-51	23	N/A
3/31/2022	118	35	33	98	N/A
12/31/2021	114	42	15	70	N/A
9/30/2021	47	31	20	49	N/A
6/30/2021	51	49	56	68	N/A
3/31/2021	33	-11	-10	0	N/A
12/31/2020	24	-2	-13	0	N/A
9/30/2020	30	-2	-22	-6	N/A
6/30/2020	31	2	-23	-4	N/A
3/31/2020	32	15	-2	13	N/A
12/31/2019	43	5	-1	12	N/A
9/30/2019	25	9	-3	8	N/A
6/30/2019	18	4	-6	7	N/A
3/31/2019	17	-4	-23	-5	N/A
12/31/2018	3	-5	-23	-5	N/A
9/30/2018	9	-10	-20	-4	N/A
6/30/2018	9	-8	-15	-5	N/A
3/31/2018	5	-35	-11	-4	N/A
12/31/2017	6	-36	-12	-2	N/A
9/30/2017	6	-72	N/A	3	N/A
6/30/2017	7	-74	N/A	0	N/A
3/31/2017	7	-47	N/A	-1	N/A
12/31/2016	5	-62	N/A	-3	N/A
9/30/2016	3	-23	N/A	-8	N/A
6/30/2016	N/A	-23	N/A	-5	N/A
3/31/2016	N/A	-56	N/A	-5	N/A
12/31/2015	N/A	-39	N/A	-7	N/A
9/30/2015	N/A	-40	N/A	-4	N/A
6/30/2015	N/A	-40	N/A	-7	N/A
3/31/2015	N/A	-8	N/A	-8	N/A
12/31/2014	N/A	-12	N/A	-9	N/A
9/30/2014	N/A	-9	N/A	-5	N/A
6/30/2014	N/A	-10	N/A	3	N/A
3/31/2014	-13	-32	N/A	10	N/A
12/31/2013	N/A	-25	N/A	18	N/A
9/30/2013	11	-64	N/A	19	N/A
6/30/2013	24	-63	N/A	21	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEN's forecast earnings growth (18.4% per year) is above the savings rate (2.1%).

Earnings vs Market: PEN's earnings (18.4% per year) are forecast to grow faster than the Norwegian market (13.3% per year).

High Growth Earnings: PEN's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEN's revenue (6.9% per year) is forecast to grow faster than the Norwegian market (1.8% per year).

High Growth Revenue: PEN's revenue (6.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PEN's Return on Equity is forecast to be high in 3 years time (26%)

Panoro Energy Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus revenue estimates fall by 11%

Panoro Energy ASA Just Missed Earnings - But Analysts Have Updated Their Models

Consensus revenue estimates fall by 15%

Panoro Energy ASA Provides Production Guidance for the First Quarter and Full Year 2024

Panoro Energy ASA Provides Production Guidance for Fourth Quarter and Full Year 2023

Consensus EPS estimates fall by 12%

Recent updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Technical Director recently bought kr150k worth of stock

Upcoming dividend of kr0.43 per share

Consensus revenue estimates fall by 11%

Panoro Energy ASA Just Missed Earnings - But Analysts Have Updated Their Models

Full year 2023 earnings released: EPS: US$0.29 (vs US$0.16 in FY 2022)

Panoro Energy ASA Declares Cash Distribution, Payable on or About 21 March 2024

Panoro Energy ASA Provides Operations Update and Planned Activities in 2024

Consensus revenue estimates fall by 15%

Panoro Energy ASA Provides Production Guidance for the First Quarter and Full Year 2024

Panoro Energy ASA Provides Update on Operations Offshore Equatorial Guinea

Technical Director recently bought kr533k worth of stock

Chairman of the Board recently bought kr387k worth of stock

Panoro Energy ASA, Annual General Meeting, May 23, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Panoro Energy ASA Declares a Cash Distribution, Payable on or About 15 December 2023

Panoro Energy ASA Provides an Update on Production and the Planned Drilling Schedule At the Dussafu Marin Permit Offshore Gabon

Is Panoro Energy (OB:PEN) Using Too Much Debt?

Panoro Energy ASA Announces Significant Oil Discovery Offshore Gabon

Panoro Energy ASA Announces Dussafu Operations Update

Panoro Energy ASA Provides Production Guidance for Fourth Quarter and Full Year 2023

Panoro Energy ASA Announces Dussafu Drilling Update

Upcoming dividend of kr0.34 per share at 4.7% yield

Chairman of the Board recently bought kr495k worth of stock

Panoro Energy ASA Declares Cash Dividend, Payable on or about 20 September 2023

Panoro Energy ASA Announces Dussafu Drilling Update

Chief Executive Officer recently bought kr3.0m worth of stock

Panoro Energy ASA Announces Dussafu Drilling Update

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 11%

Less than half of directors are independent

Panoro Energy ASA Approves the Election of Gunvor Ellingsen to the Board

Panoro Energy ASA Declares Cash Dividend, Payable on or about 12 June 2023

Full year 2022 earnings: EPS misses analyst expectations

We Think Panoro Energy (OB:PEN) Can Stay On Top Of Its Debt

Upcoming dividend of kr0.26 per share at 3.5% yield

Full year 2022 earnings released: EPS: US$0.20 (vs US$0.40 in FY 2021)

Panoro Energy ASA Provides Revenue Guidance for the Year 2022 and Production Guidance for the Fourth Quarter and Full Year 2022 and First Quarter and Full Year 2023

Panoro Energy Asa Provides Development Drilling Commences on Schedule At Dussafu Marin

Panoro Energy ASA to Report First Half, 2023 Results on Aug 24, 2023

Third quarter 2022 earnings released: EPS: US$0.31 (vs US$0.18 loss in 3Q 2021)

Panoro Energy ASA Provides Production Guidance for the Years 2022 and 2023

Here's Why Panoro Energy (OB:PEN) Has A Meaningful Debt Burden

Panoro Energy ASA Announces Commencement of Operations on Gazania-1 Exploration Well Offshore South Africa

Panoro Energy ASA's (OB:PEN) Intrinsic Value Is Potentially 97% Above Its Share Price

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Panoro Energy ASA Provides Production Guidance for the Full Year 2022

PetroNor E&P ASA (OB:PNOR) acquired 100% stake in OML 113 in Aje field from Panoro Energy ASA (OB:PEN) and ADM Energy plc (AIM:ADME) for $26.17 million.

PetroNor E&P ASA (OB:PNOR) acquired 100% stake in OML 113 in Aje field from Panoro Energy ASA (OB:PEN) and ADM Energy plc (AIM:ADME) for $26.17 million.

Panoro Energy ASA Provides Dussafu Marin Update

Is Panoro Energy (OB:PEN) A Risky Investment?

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Panoro Energy ASA Appoints Grace Reksten Skaugen as Non-Executive Director

Panoro Energy ASA Provides Sales Guidance for the First Quarter of 2022 and Production Guidance for the Year 2022

No independent directors

Forecast: Analysts Think Panoro Energy ASA's (OB:PEN) Business Prospects Have Improved Drastically

Consensus revenue estimates increase by 14%

Consensus revenue estimates increase by 16%

Analysts Are Updating Their Panoro Energy ASA (OB:PEN) Estimates After Its Annual Results

Full year 2021 earnings: Revenues miss analyst expectations

Panoro Energy Asa Provides Earnings Guidance for the Full Year 2021 and Production Guidance for 2022

Chairman of the Board recently bought kr1.9m worth of stock

Non-Executive Director recently bought kr91k worth of stock

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Non-Executive Director recently bought kr76k worth of stock

Investor sentiment improved over the past week

Panoro Energy Announces Drilling Operations Have Concluded At the Hibiscus North Exploration Well

Second quarter 2021 earnings released: EPS US$0.49 (vs US$0.067 loss in 2Q 2020)

Panoro Energy Announces Oil Discovery