1. Norway Stocks

  2. •

    Energy minerals

  3. •

    Integrated oil
DNO ASA Class A

DNO ASA Class A

23.44
NOK
+0.10
(+0.43%)
15.88BMarket Cap
Oct 29Next Earn
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
- -
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
- -
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
- -
Dividend per Share
- -
- -
- -
- -
- -
0.02
0.04
- -
0.02
0.07
0.09
0.11
0.13
0.15
Book Value per Share
0.75
0.53
0.4
0.37
0.84
1.16
1.17
0.87
1.04
1.35
1.27
1.11
1.36
1.4
Tangible Book Value per Share
0.69
0.47
0.36
0.34
0.81
1.14
0.81
0.67
0.93
1.27
1.2
0.98
-0.05
-0.22
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
- -
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
- -
Depreciation Expense
98
199
111
60
106
260
312
361
206
217
146
184
403
- -
Net Income, GAAP
27
-226
-212
-35
495
354
74
-286
204
385
19
-27
-25
- -
Effective Tax Rate (%)
53.78
- -
- -
- -
- -
- -
- -
- -
7.41
- -
87.71
- -
106.34
- -
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
- -
Working Capital
279
160
331
397
379
833
534
525
892
1,020
647
986
-90
-179
LT Debt
230
215
351
362
373
576
847
948
873
553
406
800
1,011
1,017
Total Equity
759
533
436
402
876
1,218
1,161
846
1,019
1,369
1,235
1,080
1,329
1,364
Return on Invested Capital (%)
3.18
- -
- -
- -
- -
- -
- -
- -
15.96
- -
1.38
- -
-1.33
- -
Return on Capital (%)
3.18
- -
- -
- -
- -
- -
- -
- -
14.78
- -
1.4
- -
-1.45
- -
Return on Common Equity (%)
3.65
-35.02
-43.82
-8.42
77.47
33.84
6.18
-28.49
21.87
32.23
1.43
-2.34
-2.09
- -

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
355
337
117
LT Borrowings
989
990
991
LT Finance Leases
22
31
26
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
975
975
975
Market Capitalization
1,543
2,199
1,606

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,140
1,333
1,279
Cash, Cash Equivalents & STI
436
531
550
Accounts Receivable, Net
187
221
180
Inventories
106
105
106
Total Current Liabilities
1,230
1,452
1,458
Payables & Accruals
- -
- -
- -
ST Debt
355
337
117
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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
- -
- -
26.54%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
183
137
171
177
667
2025
188
258
- -
482
1,474
2026
627
761
- -
- -
- -

Quarterly Earnings Per Share

USD

•

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
0.09
- -
- -
- -

Quarterly Dividends Per Share

USD

•

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
0.04
0.04
0.13
2026
0.04
0.04
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Christopher Thomas Hyde Spencer
Full Time Employees
1,159
Sector
Energy minerals
Industry
Integrated oil
Address
Dokkveien 1 Oslo PS Norway 0250
IPO Date
Jan 1, 1971
Website
dno.no
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Business
DNO ASA is an international independent petroleum company engaged in the exploration, development, and production of oil and natural gas assets primarily in the North Sea, the Middle East, and West Africa. The company’s core product portfolio includes crude oil and natural gas production from onshore and offshore fields, with major operations in the Norwegian and UK sectors of the North Sea, the Tawke and Peshkabir fields in Kurdistan where it holds a 75% operating interest, and a 9% interest in Côte d’Ivoire’s offshore Block CI-27 in West Africa. DNO’s activities cover exploration licenses and production facilities across various geological formations including Cretaceous, Jurassic, and Triassic reservoirs, and it operates both as a sole operator and in partnerships for multiple assets. The company also generates revenue from the sale of gas and natural gas liquids in addition to oil and tariff income. Founded in 1971 and headquartered in Oslo, Norway, DNO employs close to 1,000 personnel. Significant recent developments include the transformational acquisition of Sval Energi in 2024 for approximately USD 1.6 billion, expanding DNO’s North Sea asset base to over 30 operated fields and boosting production capacity to an estimated 80,000–85,000 barrels of oil equivalent per day by the second half of 2025. The integration of Sval Energi and related fast-track project execution has markedly increased revenues and profitability, with Q3 2025 revenue reaching $547 million and operating profits standing at $222 million. Strategic asset swaps with Aker BP have further optimized DNO’s portfolio, enhancing its ownership stakes in key Norwegian Sea fields such as Vedande and the Norna floating production, storage, and offloading (FPSO) unit. These moves align with DNO’s strategy to focus on a North Sea-centric model with cost-efficient production amid energy transition dynamics. The company maintains prefunding mechanisms to hedge commodity price risks and continues exploration efforts with promising prospects in the North Sea region. These initiatives underscore DNO’s repositioning as a high-growth energy player focused on production scaling, portfolio high-grading, and disciplined capital allocation. DNO ASA’s operations span key international hydrocarbon-producing regions, with a business segmentation that includes Kurdistan, North Sea, and West Africa. While its principal revenues derive from oil and gas sales in Norway and Kurdistan, its West African investments provide additional growth avenues. The company’s integrated approach includes upstream exploration, development, and production activities, leveraging technological capabilities and strategic partnerships to enhance resource exploitation. DNO ASA, listed on the Oslo Stock Exchange under ticker DNO.OL, continues to pursue operational excellence and portfolio optimization to bolster shareholder returns and sustain growth in a volatile energy market environment.

Company News

Company News APIChatGPT