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PetroNor E&P ASAOB:PNOR Stock Report

Market Cap NOK 2.6b
Share Price
NOK 18.12
NOK 201.1
91.0% undervalued intrinsic discount
1Y75.6%
7D-1.0%
1D
Portfolio Value
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PetroNor E&P ASA

OB:PNOR Stock Report

Market Cap: NOK 2.6b

PetroNor E&P (PNOR) Stock Overview

Operates as an independent oil and gas exploration and production company in the Republic of Congo, the Gambia, and Nigeria. More details

PNOR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 91% below our estimate of its fair value

Risk Analysis

Profit margins (9.6%) are lower than last year (17.2%)


PNOR Community Fair Values

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See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

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PetroNor E&P ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for PetroNor E&P
Historical stock prices
Current Share PriceNOK 18.12
52 Week HighNOK 18.58
52 Week LowNOK 9.65
Beta-0.31
1 Month Change38.32%
3 Month Change74.90%
1 Year Change75.58%
3 Year Change146.53%
5 Year Change40.68%
Change since IPO41.56%

Recent News & Updates

Recent updates

Analysis Article • May 28

There May Be Some Bright Spots In PetroNor E&P's (OB:PNOR) Earnings

The most recent earnings report from PetroNor E&P ASA ( OB:PNOR ) was disappointing for shareholders. Despite the soft...
Analysis Article • May 15

Here's Why PetroNor E&P ASA's (OB:PNOR) CEO May Deserve A Raise

Key Insights PetroNor E&P's Annual General Meeting to take place on 21st of May Total pay for CEO George Pace includes...
Analysis Article • Apr 29

Many Still Looking Away From PetroNor E&P ASA (OB:PNOR)

PetroNor E&P ASA's ( OB:PNOR ) price-to-earnings (or "P/E") ratio of 4.7x might make it look like a strong buy right...
Analysis Article • Dec 31

PetroNor E&P ASA (OB:PNOR) Stock Rockets 27% But Many Are Still Ignoring The Company

Despite an already strong run, PetroNor E&P ASA ( OB:PNOR ) shares have been powering on, with a gain of 27% in the...
Analysis Article • Nov 03

Market Cool On PetroNor E&P ASA's (OB:PNOR) Earnings

PetroNor E&P ASA's ( OB:PNOR ) price-to-earnings (or "P/E") ratio of 2.6x might make it look like a strong buy right...
Analysis Article • May 23

PetroNor E&P ASA's (OB:PNOR) CEO Will Probably Find It Hard To See A Huge Raise This Year

Key Insights PetroNor E&P will host its Annual General Meeting on 29th of May CEO George Pace's total compensation...
Analysis Article • May 07

Even With A 25% Surge, Cautious Investors Are Not Rewarding PetroNor E&P ASA's (OB:PNOR) Performance Completely

PetroNor E&P ASA ( OB:PNOR ) shares have continued their recent momentum with a 25% gain in the last month alone. The...
Analysis Article • May 03

Investors Shouldn't Be Too Comfortable With PetroNor E&P's (OB:PNOR) Earnings

PetroNor E&P ASA's ( OB:PNOR ) stock was strong after they recently reported robust earnings. However, we think that...
Analysis Article • May 01

PetroNor E&P (OB:PNOR) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article • Feb 22

Is PetroNor E&P (OB:PNOR) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jan 25

The PetroNor E&P (OB:PNOR) Share Price Has Gained 21% And Shareholders Are Hoping For More

While PetroNor E&P Limited ( OB:PNOR ) shareholders are probably generally happy, the stock hasn't had particularly...
Analysis Article • Dec 30

Is PetroNor E&P Limited (OB:PNOR) A High Quality Stock To Own?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Analysis Article • Dec 04

We're Not Counting On PetroNor E&P (OB:PNOR) To Sustain Its Statutory Profitability

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...

Shareholder Returns

PNORNO Oil and GasNO Market
7D-1.0%0.05%0.8%
1Y75.6%51.5%21.9%

Return vs Industry: PNOR exceeded the Norwegian Oil and Gas industry which returned 51.5% over the past year.

Return vs Market: PNOR exceeded the Norwegian Market which returned 21.9% over the past year.

Price Volatility

Is PNOR's price volatile compared to industry and market?
PNOR volatility
PNOR Average Weekly Movement6.3%
Oil and Gas Industry Average Movement7.2%
Market Average Movement5.6%
10% most volatile stocks in NO Market12.4%
10% least volatile stocks in NO Market3.3%

Stable Share Price: PNOR has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: PNOR's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201715George Pacepetronorep.com

PetroNor E&P ASA operates as an independent oil and gas exploration and production company in the Republic of Congo, the Gambia, and Nigeria. The company was founded in 2017 and is headquartered in Oslo, Norway.

PetroNor E&P ASA Fundamentals Summary

How do PetroNor E&P's earnings and revenue compare to its market cap?
PNOR fundamental statistics
Market capNOK 2.58b
Earnings (TTM)NOK 74.29m
Revenue (TTM)NOK 770.57m
34.7x
P/E Ratio
3.3x
P/S Ratio

Is PNOR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PNOR income statement (TTM)
RevenueUS$83.11m
Cost of RevenueUS$26.24m
Gross ProfitUS$56.87m
Other ExpensesUS$48.86m
EarningsUS$8.01m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 29, 2026

Earnings per share (EPS)0.056
Gross Margin68.42%
Net Profit Margin9.64%
Debt/Equity Ratio0%

How did PNOR perform over the long term?

See historical performance and comparison

Dividends

12.1%
Current Dividend Yield
n/a
Payout Ratio

Does PNOR pay a reliable dividends?

See PNOR dividend history and benchmarks
When do you need to buy PNOR by to receive an upcoming dividend?
PetroNor E&P dividend dates
Ex Dividend DateMay 29 2026
Dividend Pay DateJun 24 2026
Days until Ex dividend4 days
Days until Dividend pay date30 days

Does PNOR pay a reliable dividends?

See PNOR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 13:13
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

PetroNor E&P ASA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom KristiansenPareto Securities