1. Norway Stocks

  2. •

    Energy

  3. •

    Oil & Gas Exploration & Production
DNO ASA

DNO ASA

DTNOY
DNO ASAUS flagOther OTC
20.69
USD
- -
- -
201.71MMarket 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
4.98
4.47
1.75
1.88
3.28
7.91
9.37
6.3
10.29
13.95
6.81
6.84
15.12
8.13
Basic EPS, GAAP
0.27
-2.24
-1.99
-0.33
4.67
3.38
0.71
-2.93
2.09
3.9
0.19
-0.28
-0.26
-0.92
Free Cash Flow per Basic Share
-0.18
-1.15
-1.17
0.24
1.95
3.18
-0.35
1.86
4.59
6.9
-0.91
0.42
-0.28
-1.52
Dividend per Share
- -
- -
- -
- -
- -
0.25
0.45
- -
0.23
0.74
0.94
1.05
1.55
1.17
Book Value per Share
5.78
3.54
1.38
1.07
5.79
9.33
9.46
6.42
8.29
10.69
9.5
8.23
6.43
7.53
Tangible Book Value per Share
6.91
4.69
3.64
3.39
7.97
11.36
7.74
6.72
9.28
13.08
11.95
9.84
-0.52
-2.99
Basic Weighted Avg Shares
101
101
107
108
106
105
104
98
98
99
98
98
98
98
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
828
1,121
1,217

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
0.17
0.35
0.21
-1.01
-0.28
2025
-0.04
-0.07
-0.35
- -
-0.26
2026
0.52
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.24
0.3
0.28
1.05
2025
0.28
0.31
0.48
- -
1.55
2026
0.51
- -
- -
- -
- -

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
Feb 24, 2014
Website
dno.no
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Business
DNO ASA is a Norwegian oil and gas operator focused on the exploration, development and production of hydrocarbons primarily in the Kurdistan region of Iraq, the North Sea and West Africa; the company holds stakes in onshore and offshore licenses at various stages of exploration, development and production, including 75% operating interests in the Tawke and Peshkabir fields in Kurdistan containing reservoirs in Cretaceous, Jurassic and Triassic formations; additional assets encompass equity-accounted investments in Côte d’Ivoire’s Block CI-27, 85 offshore licenses in Norway, seven in the United Kingdom and one in the Netherlands, as well as operations in Yemen. Founded in 1971 and headquartered in Oslo, Norway, DNO ASA lists on the Oslo Stock Exchange and targets international markets through segments spanning Kurdistan, North Sea, West Africa and other regions, generating revenue mainly from oil sales supplemented by gas, natural gas liquids and tariff income. Recent developments include the September 2024 completion of acquisitions from Vår Energi ASA establishing stakes and operatorship in five Norne area fields (Norne 6.9%, Skuld and Urd 11.5% each, Marulk 20%, Verdande 10%) in the Norwegian Sea to bolster production ramp-up alongside Trym restart in Q4 2024 and Andvare startup in 2025; the June 2025 acquisition of Sval Energi AS to high-grade its North Sea portfolio; November 2025 asset swaps with Aker BP raising Verdande interest to 14.8251% and optimizing non-core assets like Kjottkake, Kveikje and related licenses for accelerated development and cash flow; and awards of 13 new exploration licenses (four as operator) in Norway's APA 2024 licensing round, with 10 in the North Sea and three in the Norwegian Sea.

Company News

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