OKEAO 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 |
My Notes
Capture your thoughts, links and company narrative
OKEA ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 19.34 |
| 52 Week High | NOK 30.96 |
| 52 Week Low | NOK 18.90 |
| Beta | 1.02 |
| 1 Month Change | -2.22% |
| 3 Month Change | -0.97% |
| 1 Year Change | -35.40% |
| 3 Year Change | n/a |
| 5 Year Change | 15.81% |
| Change since IPO | -2.13% |
Recent News & Updates
Recent updates
Shareholder Returns
| OKEAO | SE Oil and Gas | SE Market | |
|---|---|---|---|
| 7D | -3.2% | -1.8% | -1.6% |
| 1Y | -35.4% | -12.7% | 6.5% |
Return vs Industry: OKEAO underperformed the Swedish Oil and Gas industry which returned -10.3% over the past year.
Return vs Market: OKEAO underperformed the Swedish Market which returned 6.1% over the past year.
Price Volatility
| OKEAO volatility | |
|---|---|
| OKEAO Average Weekly Movement | 9.3% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SE Market | 11.4% |
| 10% least volatile stocks in SE Market | 3.2% |
Stable Share Price: OKEAO's share price has been volatile over the past 3 months compared to the Swedish market.
Volatility Over Time: OKEAO's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
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
| OKEAO fundamental statistics | |
|---|---|
| Market cap | NOK 1.98b |
| Earnings (TTM) | -NOK 947.38m |
| Revenue (TTM) | NOK 10.84b |
0.2x
P/S Ratio-2.1x
P/E RatioIs OKEAO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKEAO 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 OKEAO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 23:06 |
| End of Day Share Price | 2024/12/18 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 |