OKEA (OM:OKEAO) - Stock Price, News & Analysis

OKEAO Stock Overview

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.

About the company

OKEAO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 40.3% below our estimate of its fair value

Earnings are forecast to grow 80.2% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for OKEAO from our risk checks.

OKEA ASA Competitors

Tethys Oil

OM:TETY

kr1.1b

Maha Energy

OM:MAHA A

kr1.6b

Biokraft International

OM:BIOGAS

kr880.3m

Deutsche Rohstoff

XTRA:DR0

€218.4m

Price History & Performance

Summary of all time highs, changes and price drops for OKEA
Historical stock prices
Current Share Price	kr25.20
52 Week High	kr40.80
52 Week Low	kr21.84
Beta	1.08
1 Month Change	-3.82%
3 Month Change	5.44%
1 Year Change	-17.32%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	27.53%

Recent updates

Shareholder Returns

	OKEAO	SE Oil and Gas	SE Market
7D	-2.2%	2.3%	1.1%
1Y	-17.3%	-17.8%	10.2%

Return vs Industry: OKEAO matched the Swedish Oil and Gas industry which returned -17.8% over the past year.

Return vs Market: OKEAO underperformed the Swedish Market which returned 10.2% over the past year.

Price Volatility

Is OKEAO's price volatile compared to industry and market?
OKEAO volatility
OKEAO Average Weekly Movement	8.1%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.3%
10% most volatile stocks in SE Market	13.3%
10% least volatile stocks in SE Market	3.6%

Stable Share Price: OKEAO has not had significant price volatility in the past 3 months.

Volatility Over Time: OKEAO's weekly volatility (8%) has been stable over the past year.

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

How do OKEA's earnings and revenue compare to its market cap?
OKEAO fundamental statistics
Market cap	kr2.62b
Earnings (TTM)	-kr1.21b
Revenue (TTM)	kr9.23b

0.3x

P/S Ratio

-2.2x

P/E Ratio

Is OKEAO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OKEAO income statement (TTM)
Revenue	kr9.23b
Cost of Revenue	kr2.41b
Gross Profit	kr6.82b
Other Expenses	kr8.04b
Earnings	-kr1.21b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 17, 2024

Earnings per share (EPS)	-11.65
Gross Margin	73.94%
Net Profit Margin	-13.12%
Debt/Equity Ratio	269.4%

How did OKEAO perform over the long term?

See historical performance and comparison

OKEA OM:OKEAO Stock Report