1. Norway Stocks

  2. •

    Energy

  3. •

    Oil & Gas Exploration & Production
DNO ASA

DNO ASA

DTNOF
DNO ASAUS flagOther OTC
2.13
USD
- -
- -
2.08BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.5
0.45
0.18
0.19
0.33
0.79
0.94
0.63
1.03
1.4
0.68
0.68
1.51
0.81
Basic EPS, GAAP
0.03
-0.22
-0.2
-0.03
0.47
0.34
0.07
-0.29
0.21
0.39
0.02
-0.03
-0.03
-0.09
Free Cash Flow per Basic Share
-0.02
-0.11
-0.12
0.02
0.2
0.32
-0.04
0.19
0.46
0.69
-0.09
0.04
-0.03
-0.15
Dividend per Share
- -
- -
- -
- -
- -
0.02
0.04
- -
0.02
0.07
0.09
0.11
0.16
0.12
Book Value per Share
0.58
0.35
0.14
0.11
0.58
0.93
0.95
0.64
0.83
1.07
0.95
0.82
0.64
0.75
Tangible Book Value per Share
0.69
0.47
0.36
0.34
0.8
1.14
0.77
0.67
0.93
1.31
1.19
0.98
-0.05
-0.3
Basic Weighted Avg Shares
1,010
1,010
1,070
1,076
1,059
1,049
1,036
976
975
987
980
975
975
975
Sales/Revenue/Turnover
503
452
187
202
347
829
971
615
1,004
1,377
668
667
1,474
793
Operating Margin (%)
49.74
11.75
-43.28
17.49
181.2
45.09
24.47
-6.28
39.92
57.86
33.77
21.88
29.33
19.94
Depreciation Expense
98
198
110
60
106
260
312
361
206
217
146
184
403
217
Net Income, GAAP
27
-226
-212
-35
495
354
74
-286
204
385
19
-27
-25
-89
Effective Tax Rate (%)
53.78
- -
- -
- -
- -
- -
- -
- -
7.41
- -
87.71
- -
106.34
267.05
Profit Margin (%)
5.37
-50.02
-113.29
-17.49
142.49
42.72
7.57
-46.5
20.31
27.95
2.79
-4.06
-1.71
-11.26
Working Capital
279
160
331
397
378
833
534
525
892
1,020
647
986
-90
-62
LT Debt
230
215
351
362
373
576
847
948
873
553
406
800
1,011
1,016
Total Equity
758
533
436
402
876
1,218
1,161
846
1,019
1,369
1,235
1,080
1,328
1,434
Return on Invested Capital (%)
11.74
- -
- -
- -
- -
- -
- -
- -
19.94
- -
1.43
- -
-1.12
- -
Return on Capital (%)
3.84
- -
- -
- -
- -
- -
- -
- -
16.72
- -
1.68
- -
-1.85
11.51
Return on Common Equity (%)
4.73
-48.03
-84
-26.8
135.84
44.53
7.51
-35.58
28.4
41.3
1.87
-3.13
-3.53
-10.69

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
3
350
655
LT Borrowings
790
1,066
988
LT Finance Leases
10
10
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
975
975
975
Market Capitalization
858
1,316
1,228

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,340
1,941
1,615
Cash, Cash Equivalents & STI
882
1,473
788
Accounts Receivable, Net
192
194
235
Inventories
75
72
106
Total Current Liabilities
354
732
1,676
Payables & Accruals
- -
- -
- -
ST Debt
3
350
655
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.28%
11.11%
23.01%
Free Cash Flow
-28.3%
-45.28%
-166.5%
Net Income, GAAP
-261.27%
-86.09%
-7.01%
Sales/Revenue/Turnover
36.88%
33.97%
121.04%
Total Cash Common Dividend
- -
52.17%
47.51%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
183
137
170
177
667
2025
188
258
482
- -
1,474
2026
627
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.04
0.02
-0.1
-0.03
2025
- -
-0.01
-0.03
- -
-0.03
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.03
0.03
0.11
2025
0.03
0.03
0.05
- -
0.16
2026
0.05
- -
- -
- -
- -

Company Description

APIChat
CEO
Bijan Mossavar-Rahmani
Full Time Employees
987
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
Dokkveien 1 Oslo Norway 0250
IPO Date
Jun 9, 2010
Website
dno.no
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Business
DNO ASA DNO ASA is a Norwegian oil and gas exploration and production company focused on onshore and offshore assets in the Middle East, the North Sea and West Africa. Founded in 1971 and headquartered in Oslo, Norway, the company holds a 75% operating interest in the Tawke and Peshkabir fields in Iraq's Kurdistan region; a 9% interest in Côte d’Ivoire’s Block CI-27; approximately 85 licenses offshore Norway including in the North Sea, Norwegian Sea and Barents Sea; seven licenses offshore the United Kingdom; and one offshore license in the Netherlands, along with interests in Yemen's Block 43. DNO operates through segments including Kurdistan for Tawke and Peshkabir production; North Sea encompassing oil and gas activities in Norway and the UK; West Africa via its equity investment in Côte d’Ivoire; and other exploration licenses in Cretaceous, Jurassic and Triassic reservoirs across these regions, serving markets through oil sales, gas, natural gas liquids and tariff income. In mid-2025, DNO completed the acquisition of Sval Energi AS, quadrupling its North Sea output and adding high-quality assets with contingent resources of around 100 million barrels of oil equivalent from discoveries such as Bergknapp, Carmen and Heisenberg. Recent strategic moves include a November 2025 multi-asset swap with Aker BP ASA increasing its Verdande field stake from 10.5% to 14% in exchange for interests in Vilje field, Kveikje discovery and three exploration licenses, aligning with portfolio high-grading; acquisition of a stake in the Cassio prospect offshore Norway; advancement of the Brasse field (to be renamed Bestla) development for first-half 2027 production start with 24 million barrels recoverable reserves; and awards of 13 new exploration licenses in Norway's 2024 APA round, including four operatorships. The company maintains subsidiaries such as DNO Yemen AS and DNO UK Ltd, with operations supported by a network of offices in the MENA region and approximately 987 employees.

Company News

APIChat