Brief: DNO Q2 Operating Profit Up At $439 Million

DNO ASA

13/08/2026 06:16

Aug 13 (Reuters) - Dno ASA DNO.OL:
Q2 REVENUE USD 760.5 MILLION VS. IBES ESTIMATE USD 850.7 MILLION
REPORTS RECORD Q2 REVENUE OF $761 MILLION, UP 21% QUARTER-ON-QUARTER
Q2 OPERATING PROFIT UP 55% TO $439 MILLION; NET PROFIT UP 65% TO $83 MILLION
Q2 NET INCOME USD 83.4 MILLION
Q2 FREE CASH FLOW USD 289.5 MILLION
Q2 EBIT USD 439 MILLION
NET PRODUCTION AVERAGED 88,400 BARRELS OF OIL EQUIVALENT PER DAY (BOEPD) DURING Q2
LARGELY UNHEDGED NORTH SEA PRODUCTION CAPTURED UPSIDE FROM STRONG OIL AND GAS PRICES DRIVEN BY CONTINUED MIDDLE EAST CRISIS
RAISED ITS 2026 NORTH SEA PRODUCTION GUIDANCE TO 85,000 BOEPD, AN INCREASE OF 3,000 BOEPD FROM ITS PROJECTION AT START OF YEAR
DECLARES QTRLY DIVIDEND OF NOK 0.375 PER SHARE PAYABLE IN SEPTEMBER 2026
Source text: ID:nGNE9nTbDP
Further company coverage: DNO.OL

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