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Norwegian Energy ASA logo

NOR - Norwegian Energy ASA Share Price

NOK139.2 -1.8  -1.3%

Last Trade - 22/04/21

Sector
Energy
Size
Small Cap
Market Cap £293.8m
Enterprise Value £323.4m
Revenue £409.1m
Position in Universe 616th / 1831
Bullish
Bearish
Unlock NOR Revenue
Momentum
Relative Strength (%)
1m -11.2%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -29.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1.61 1.31 1.21 1.97 333 566 497.9 556.7 +222.9%
-86.1 -99.4 +123.1 +181
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020,Norwegian Energy Company ASA revenues increased 70% to$566M. Net income decreased 92% to $17M. Revenues reflectGorm Field - Oil Equivalent Production ( increase of 5% to2K barrels per day. Net income was offset by Depreciation &Amortization increase of 72% to $193M (expense), Financialincome decrease of 32% to $103M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

NOR Revenue Unlock NOR Revenue

Net Income

NOR Net Income Unlock NOR Revenue

Normalised EPS

NOR Normalised EPS Unlock NOR Revenue

PE Ratio Range

NOR PE Ratio Range Unlock NOR Revenue

Dividend Yield Range

NOR Dividend Yield Range Unlock NOR Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
NOR EPS Forecasts Unlock NOR Revenue
Profile Summary

Norwegian Energy Company ASA (Noreco) is a Norway-based company. It is principally engaged in the oil and gas sector. The Company’s activities include the exploration, development and production of oil and gas. The Company’s activities are focused in the North Sea, in such countries, as Norway, Denmark and the United Kingdom. The Company has four producing fields located in Denmark, including Lulita, as well as one field located in Norway, namely Enoch. The Company participates in two field developments, namely Huntington and Oselvar fields, as well as had a number of discovery and exploration licenses. The Company operates 10 wholly owned subsidiaries.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated March 12, 2005
Public Since November 9, 2007
No. of Shareholders: n/a
No. of Employees: 29
Sector Energy
Industry Oil & Gas
Index
Exchange Oslo Stock Exchange
Shares in Issue 24,110,852
Free Float (0.0%)
Eligible for
ISAs
SIPPs
NOR Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for NOR
Upcoming Events for NOR
Friday 28th May, 2021
Q1 2021 Norwegian Energy Company ASA Earnings Release
Wednesday 26th May, 2021 Estimate
Norwegian Energy Company ASA Annual Shareholders Meeting
Tuesday 13th July, 2021
Q2 2021 Norwegian Energy Company ASA Earnings Release
Frequently Asked Questions for Norwegian Energy ASA
What is the Norwegian Energy ASA share price?

As of 22/04/21, shares in Norwegian Energy ASA are trading at NOK139.2, giving the company a market capitalisation of £293.8m. This share price information is delayed by 15 minutes.

How has the Norwegian Energy ASA share price performed this year?

Shares in Norwegian Energy ASA are currently trading at NOK139.2 and the price has moved by 12.71% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Norwegian Energy ASA price has moved by -12.41% over the past year.

What are the analyst and broker recommendations for Norwegian Energy ASA?

Of the analysts with advisory recommendations for Norwegian Energy ASA, there are there are currently 1 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Norwegian Energy ASA is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Norwegian Energy ASA next release its financial results?

Norwegian Energy ASA is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Norwegian Energy ASA dividend yield?

Norwegian Energy ASA does not currently pay a dividend.

Does Norwegian Energy ASA pay a dividend?

Norwegian Energy ASA does not currently pay a dividend.

When does Norwegian Energy ASA next pay dividends?

Norwegian Energy ASA does not currently pay a dividend.

How do I buy Norwegian Energy ASA shares?

To buy shares in Norwegian Energy ASA you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Norwegian Energy ASA?

Shares in Norwegian Energy ASA are currently trading at NOK139.2, giving the company a market capitalisation of £293.8m.

Where are Norwegian Energy ASA shares listed? Where are Norwegian Energy ASA shares listed?

Here are the trading details for Norwegian Energy ASA:

Country of listing: Norway
Exchange: OSL
Ticker Symbol: NOR
What kind of share is Norwegian Energy ASA?

Based on an overall assessment of its quality, value and momentum, Norwegian Energy ASA is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Norwegian Energy ASA share price forecast 2021?

Shares in Norwegian Energy ASA are currently priced at NOK139.2. At that level they are trading at 0.137% discount to the analyst consensus target price of 0.00.

Analysts covering Norwegian Energy ASA currently have a consensus Earnings Per Share (EPS) forecast of 0.8672641837 for the next financial year.

How can I tell whether the Norwegian Energy ASA share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Norwegian Energy ASA. Over the past six months, the relative strength of its shares against the market has been -12.94%. At the current price of NOK139.2, shares in Norwegian Energy ASA are trading at -0.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Norwegian Energy ASA PE Ratio?

The Norwegian Energy ASA PE ratio based on its reported earnings over the past 12 months is 43.36. The shares are currently trading at NOK139.2.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Norwegian Energy ASA?

Norwegian Energy ASA's management team is headed by:

Riulf Rustad - CHM
Marianne Lie - DRC
Tone Omsted - DRC
Euan Shirlaw - CFO
Chris Bruijnzeels - DRC
Colette Cohen - DRC
Yves-Louis Darricarrere - DRC
Atle Sonesen - MDR
Frederik Rustad - EVF
Cathrine Torgersen - EVP
John Hulme - COO
Who are the major shareholders of Norwegian Energy ASA?

Here are the top five shareholders of Norwegian Energy ASA based on the size of their shareholding:

Royal London Asset Management Ltd. Investment Advisor/Hedge Fund
Percentage owned: 1.16% (284k shares)
Royal London Sterling Extra Yield Bond Mutual Fund
Percentage owned: 1.16% (284k shares)
TCA SPV I S.à r.l. Corporation
Percentage owned: 0.98% (241k shares)
OUSDAL AS Corporation
Percentage owned: 0.6% (147k shares)
Finsnes Invest As Corporation
Percentage owned: 0.46% (112k shares)
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