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Okea ASA logo

OKEA - Okea ASA Share Price

NOK13.7 0.5  3.4%

Last Trade - 15/04/21

Sector
Energy
Size
Small Cap
Market Cap £121.3m
Enterprise Value £269.0m
Revenue £142.7m
Position in Universe 850th / 1831
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -3.70%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -9.87%
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
0.000 0.000 38.4 149.8 2,936 1,652 2,737 3,013 +250.3%
-35.9 +20.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, Okea ASArevenues decreased 44% to NOK1.65B. Net loss increased fromNOK71.1M to NOK602.7M. Revenues reflect Sale of liquidssegment decrease of 45% to NOK1.37B, Sale of gas segmentdecrease of 38% to NOK278.3M. Higher net loss reflectsImpairment of goodwill increase from NOK105.4M to NOK1.39B(expense), YME compensation contract breach decrease fromNOK22.1M (income) to NOK0K.
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

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
OKEA EPS Forecasts Unlock OKEA Revenue
Profile Summary

Okea ASA is a Norway-based oil company engaged in the oil and gas exploration and production industry. The Company contributes to the value creation on the Norwegian continental shelf with development and operation systems through the utilization of the result of previous and ongoing exploration activities in order to bring undeveloped oil on stream in strategic cooperation with service companies. Its services do not involve the exploration for petroleum. The Company operates an office in Trondheim, Norway.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated May 20, 2015
Public Since June 18, 2019
No. of Shareholders: n/a
No. of Employees: n/a
Sector Energy
Industry Oil & Gas
Index
Exchange Oslo Stock Exchange
Shares in Issue 102,502,650
Free Float (0.0%)
Eligible for
ISAs
SIPPs
OKEA Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for OKEA
Upcoming Events for OKEA
Friday 23rd April, 2021 Estimate
Okea ASA Annual Shareholders Meeting
Tuesday 4th May, 2021
Q1 2021 Okea ASA Earnings Release
Wednesday 14th July, 2021
Q2 2021 Okea ASA Earnings Release
Frequently Asked Questions for Okea ASA
What is the Okea ASA share price?

As of 15/04/21, shares in Okea ASA are trading at NOK13.7, giving the company a market capitalisation of £121.3m. This share price information is delayed by 15 minutes.

How has the Okea ASA share price performed this year?

Shares in Okea ASA are currently trading at NOK13.7 and the price has moved by 57.62% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Okea ASA price has moved by 22.14% over the past year.

What are the analyst and broker recommendations for Okea ASA?

There are no analysts currently covering Okea ASA.

When will Okea ASA next release its financial results?

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

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

Okea ASA does not currently pay a dividend.

Does Okea ASA pay a dividend?

Okea ASA does not currently pay a dividend.

When does Okea ASA next pay dividends?

Okea ASA does not currently pay a dividend.

How do I buy Okea ASA shares?

To buy shares in Okea 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 Okea ASA?

Shares in Okea ASA are currently trading at NOK13.7, giving the company a market capitalisation of £121.3m.

Where are Okea ASA shares listed? Where are Okea ASA shares listed?

Here are the trading details for Okea ASA:

Country of listing: Norway
Exchange: OSL
Ticker Symbol: OKEA
What kind of share is Okea ASA?

Based on an overall assessment of its quality, value and momentum, Okea ASA is currently classified as a Turnaround. 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 Okea ASA share price forecast 2021?

Shares in Okea ASA are currently priced at NOK13.7. At that level they are trading at 38.69% discount to the analyst consensus target price of 0.00.

Analysts covering Okea ASA currently have a consensus Earnings Per Share (EPS) forecast of 1.87 for the next financial year.

How can I tell whether the Okea 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 Okea ASA. Over the past six months, the relative strength of its shares against the market has been 47.38%. At the current price of NOK13.7, shares in Okea ASA are trading at 32.8% 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 Okea ASA PE Ratio?

The Okea ASA PE ratio based on its reported earnings over the past 12 months is 4.69. The shares are currently trading at NOK13.7.

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 Okea ASA?

Okea ASA's management team is headed by:

Erik Haugane - CEO
Ola Borten Moe - SVP
Dag Eggan - SVP
Kjersti Hovdal - SVP
Andrew McCann - SVP
Tor Bjerkestrand - COO
Marit Vik-Langlie - VPR
Chaiwat Kovavisarach - CHM
Henrik Schroeder - VCH
Michael Fischer - DRC
Finn Haugan - DRC
Nicola Gordon - DRC
Ida Ianssen Lundh - DRC
Jan Johansen - DRC
Knut Gjertsen - SVP
Who are the major shareholders of Okea ASA?

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

BCPR Pte Ltd Corporation
Percentage owned: 46.09% (47.5m shares)
Okea Holdings Ltd. Corporation
Percentage owned: 19.07% (19.6m shares)
Church Bay Trust Co Limited Corporation
Percentage owned: 5.93% (6.11m shares)
SPAREBANK 1 SMN INVEST AS Corporation
Percentage owned: 1.63% (1.68m shares)
SJÆKERHATTEN AS Corporation
Percentage owned: 1.43% (1.47m shares)
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