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Okea ASA

Okea ASA

OKEA · OL · Energy / Oil & Gas E&P

46.25NOK+0.45 (+0.98%)

Price History

Full chart

Market Stats

Previous Close45.80
Open45.75
Day Range45.75 – 46.90
52-Week Range16.90 – 43.80
Volume156.15K
Market Cap4.17B
P/E (TTM)0.00
Forward P/E4.11
EPS-0.39
Dividend Yield0.00%
Beta-0.23
50-Day Avg38.02
200-Day Avg33.70

About

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Svein Jacob Liknes
  • Employees537
  • HeadquartersKongens gate 8, Trondheim, Norway, 7011, Norway
  • Websitehttps://okea.no

Leadership

  • Mr. Svein Jacob LiknesChief Executive Officer · b. 1972
  • Ms. Birte NorheimChief Financial Officer · b. 1973
  • Mr. Tor BjerkestrandSenior Vice President of Operations
  • Mr. Borge NerlandSVP of Projects, Wells & Technology
  • Ms. Marit Moen Vik-LanglieVice President of Legal
  • Ms. Ida Ianssen LundhSenior Vice President of Subsurface · b. 1987
  • Mr. Dag EgganSenior Vice President of Special Projects · b. 1973
  • Ms. Kjersti HovdalSenior Vice President of Corporate Services
  • Mr. Espen Anton MyhraSenior Vice President of Strategy, Business Development & Commercial
  • Ms. Hege Færø-FinnvikSVP of Performance & Partner Operated assets

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.00K494.00K38.43M3.36B2.94B1.65B3.78B6.40B8.74B10.99B783.68M
Growth (%)-+24600.00%+7679.15%+8656.10%-12.76%-43.72%+128.81%+69.25%+36.57%+25.76%-92.87%
Cost of Revenue2.00K326.00K25.68M1.60B708.65M695.88M1.51B2.09B4.69B6.14B300.79M
Gross Profit-168.00K12.75M1.76B2.23B956.43M2.27B4.31B4.05B4.85B482.89M
Gross Margin-34.01%33.18%52.42%75.86%57.88%60.07%67.35%46.35%44.11%61.62%
Operating Expense-28.60M68.54M195.94M1.40B620.69M-27.00M783.72M2.73B-115.62M522.84M
Operating Income-15.04M-28.43M-55.79M1.57B827.16M335.74M2.30B3.53B1.32B4.96B-39.94M
Operating Margin-752050.00%-5755.47%-145.17%46.60%28.18%20.32%60.78%55.11%15.06%45.16%-5.10%
EBITDA-14.91M-27.89M-43.75M-20.89M1.48B1.04B3.25B4.30B3.01B7.96B237.14M
EBITDA Margin-745500.00%-5645.34%-113.84%-0.62%50.57%62.65%86.04%67.13%34.46%72.40%30.26%
Net Income-4.29M-5.66M-11.71M140.30M-71.13M-602.73M603.31M669.61M-935.36M383.29M-54.67M
Net Income Margin-214700.00%-1145.55%-30.48%4.17%-2.42%-36.48%15.96%10.46%-10.70%3.49%-6.98%
Interest Expense03.24M18.72M543.42M425.24M251.84M182.04M293.28M281.26M205.78M2.48M
Interest Expense % of Total Revenue0.00%656.07%48.72%16.15%14.49%15.24%4.82%4.58%3.22%1.87%0.32%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets21.38M706.44M1.83B10.02B10.99B9.78B12.37B15.62B18.50B19.79B1.82B
Total Liabilities3.68M341.96M1.36B8.57B9.30B8.69B10.66B13.54B17.77B18.68B1.76B
Total Equity17.71M364.48M473.83M1.46B1.68B1.08B1.71B2.08B725.64M1.11B57.20M
Cash7.91M36.28M29.61M5.78M16.04M17.31M2.02B1.01B2.30B3.13B234.68M
Total Debt-20.24M964.45M2.53B2.72B2.58B3.05B1.95B1.99B2.99B-
Net Debt-7.91M-16.05M934.84M2.52B2.71B2.56B1.04B939.55M-347.99M-133.98M60.55M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-14.12M-37.28M235.43M2.11B641.19M2.52B3.34B5.19B4.26B325.32M
Investing Cash Flow-329.41M-1.03B-2.26B-847.39M-1.04B-940.50M-2.43B-312.82M-4.37B-408.88M
Financing Cash Flow372.67M1.06B2.39B5.08M-390.01M-422.20M-1.97B-63.37M1.00B8.96M
Capital Expenditure329.41M124.10M391.30M874.43M1.03B839.50M1.40B1.99B6.48M376.56M
Free Cash Flow-343.52M-161.38M-155.87M1.24B-391.65M1.68B1.94B3.20B4.03B-51.24M
Dividends Paid---301.26M301.26M301.26M301.26M415.64M0-
FCF to OCF2433.73%432.90%-66.21%58.58%-61.08%66.63%58.00%61.67%94.59%-15.75%
Dividend Paid to FCF---24.36%-76.92%17.98%15.53%12.99%0.00%-

Earnings

Report DateJul 17, 2019Nov 1, 2019Feb 13, 2020Apr 28, 2020Jul 14, 2020Oct 28, 2020Feb 5, 2021May 4, 2021Jul 14, 2021Oct 28, 2021Feb 11, 2022May 5, 2022Jul 13, 2022Oct 26, 2022Jan 31, 2023May 4, 2023Jul 13, 2023Oct 26, 2023Feb 8, 2024Apr 25, 2024Jul 17, 2024Oct 31, 2024Jan 30, 2025Apr 29, 2025Jul 16, 2025Nov 4, 2025Feb 2, 2026Apr 29, 2026Jul 15, 2026Nov 3, 2026
EPS Estimate-0.542.440.430.49-0.20--0.921.61-0.443.074.684.073.614.251.941.90-5.581.811.471.38-2.682.401.561.380.861.371.551.46
EPS Actual0.19-0.76-0.391.881.344.531.780.220.321.064.272.051.971.003.122.364.610.316.481.051.203.750.652.300.11-3.670.043.413.21-
Surprise--240.74%-115.98%337.21%173.47%2365.00%---65.22%-34.16%1070.45%-33.22%-57.91%-75.43%-13.57%-44.47%137.63%-83.68%216.13%-41.99%-18.37%171.74%124.25%-4.17%-92.95%-365.94%-95.35%148.68%107.10%-
TimingPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---Pre-marketPre-market----Pre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap4.17B
Enterprise Value3.85B
Trailing P/E0.00
Forward P/E4.11
Price / Sales4.65
Price / Book4.10
EPS-0.39
Book Value9.91
Revenue (TTM)898.09M
Gross Profit (TTM)552.79M
EBITDA500.29M
Profit Margin-0.51%
Operating Margin22.42%
Return on Equity-4.17%
Return on Assets4.69%
Shares Outstanding103.97M
Shares Float49.82M
Beta-0.23
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20234×
1.00Dec 1, 20231.00Sep 1, 20231.00Jun 2, 20231.00Mar 2, 2023
20223×
1.00Dec 2, 20221.00Sep 2, 20220.90Jun 2, 2022