Panoro Energy ASA engages in the exploration, development, and production of oil and gas in North and West Africa. More Details
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has Panoro Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PEN's share price has been volatile over the past 3 months.
7 Day Return
NO Oil and Gas
1 Year Return
NO Oil and Gas
Return vs Industry: PEN underperformed the Norwegian Oil and Gas industry which returned -33.4% over the past year.
Return vs Market: PEN underperformed the Norwegian Market which returned -15.1% over the past year.
Price Volatility Vs. Market
How volatile is Panoro Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Panoro Energy ASA's (OB:PEN) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
1 month ago | Simply Wall StHave Insiders Been Buying Panoro Energy ASA (OB:PEN) Shares This Year?
2 months ago | Simply Wall StHere's Why We Don't Think Panoro Energy's (OB:PEN) Statutory Earnings Reflect Its Underlying Earnings Potential
Is Panoro Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PEN (NOK8.75) is trading below our estimate of fair value (NOK126.89)
Significantly Below Fair Value: PEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PEN is poor value based on its PE Ratio (29.8x) compared to the NO Oil and Gas industry average (4.1x).
PE vs Market: PEN is poor value based on its PE Ratio (29.8x) compared to the Norwegian market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: PEN is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: PEN is overvalued based on its PB Ratio (0.9x) compared to the NO Oil and Gas industry average (0.5x).
How is Panoro Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PEN's forecast earnings growth (71% per year) is above the savings rate (1.6%).
Earnings vs Market: PEN's earnings (71% per year) are forecast to grow faster than the Norwegian market (30.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PEN's revenue (26.7% per year) is forecast to grow faster than the Norwegian market (5.4% per year).
High Growth Revenue: PEN's revenue (26.7% per year) is forecast to grow faster 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 (20.5%)
How has Panoro Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PEN has a high level of non-cash earnings.
Growing Profit Margin: PEN's current net profit margins (7%) are lower than last year (22.4%).
Past Earnings Growth Analysis
Earnings Trend: PEN has become profitable over the past 5 years, growing earnings by 44.4% per year.
Accelerating Growth: PEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PEN had negative earnings growth (-49.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (699.5%).
Return on Equity
High ROE: PEN's Return on Equity (2.8%) is considered low.
How is Panoro Energy's financial position?
Financial Position Analysis
Short Term Liabilities: PEN's short term assets ($56.4M) exceed its short term liabilities ($30.3M).
Long Term Liabilities: PEN's short term assets ($56.4M) exceed its long term liabilities ($46.0M).
Debt to Equity History and Analysis
Debt Level: PEN's debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PEN's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: PEN's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Panoro Energy current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PEN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PEN's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Hamilton (55 yo)
Mr. John Andrew Hamilton, FCCA is Director at Magnora ASA since December 18, 2018. He has been Chief Executive Officer at Panoro Energy ASA since May 13, 2015. Mr. Hamilton has been Senior Advisor of Presi ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD995.00K) is above average for companies of similar size in the Norwegian market ($USD372.53K).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Non-Executive Director||5.42yrs||US$39.00k||0.037% |
|Deputy Chairman of the Board||1.42yrs||US$43.00k||0.22% |
|Chairman of the Board||6yrs||US$64.00k||3.72% |
|Non Executive Director||6yrs||US$39.00k||0.030% |
|Non-Executive Director||4.5yrs||US$39.00k||0.028% |
Experienced Board: PEN's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Panoro Energy ASA's company bio, employee growth, exchange listings and data sources
- Name: Panoro Energy ASA
- Ticker: PEN
- Exchange: OB
- Founded: 2009
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: kr619.820m
- Shares outstanding: 69.02m
- Website: https://www.panoroenergy.com
Number of Employees
- Panoro Energy ASA
- RuselOekkveien 14
- PO box 1444
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PEN||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Jun 2010|
|1PZ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2010|
|0N08||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Jun 2010|
|PESA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2010|
|PENo||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||NOK||Jun 2010|
Panoro Energy ASA engages in the exploration, development, and production of oil and gas in North and West Africa. The company holds assets in the Dussafu License located in the offshore southern Gabon; an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 20:58|
|End of Day Share Price||2020/10/29 00:00|
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.