Petrolia SE

Petrolia SE

6.40
NOK
+0.05
(+0.79%)
197.83MMarket 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
4.41
4.04
2.18
1.42
0.75
0.97
1.12
0.74
0.86
0.94
0.92
0.91
1.02
- -
Basic EPS, GAAP
0.35
0.05
-1.97
-0.44
-0.14
0.05
-0.01
0.01
-0.02
-0.03
0.03
0.07
0.09
- -
Free Cash Flow per Basic Share
-0.02
0.81
-0.78
-0.07
-0.05
0.03
0.08
0.14
0.12
0.08
0.11
0.12
0.1
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.62
3.57
1.74
1.12
0.64
0.68
0.67
0.66
0.63
0.62
0.65
0.69
0.82
0.68
Tangible Book Value per Share
3.55
3.54
1.74
1.12
0.64
0.68
0.67
0.66
0.63
0.61
0.65
0.69
0.81
0.68
Basic Weighted Avg Shares
27
27
27
27
52
56
59
59
59
59
59
59
59
34
Sales/Revenue/Turnover
120
110
59
39
39
55
66
44
51
56
54
53
60
- -
Operating Margin (%)
-5.38
14.47
-50.41
-31.16
-23.51
10.01
11.29
4.58
11.18
11.04
8.87
11.98
5.24
- -
Depreciation Expense
17
17
16
12
10
8
8
8
8
7
7
7
8
- -
Net Income, GAAP
9
1
-54
-12
-7
3
-1
1
-1
-2
2
4
5
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
24.41
101.84
126.58
- -
171.1
39.2
17.79
15.55
- -
Profit Margin (%)
7.84
1.26
-90.1
-31.12
-19.01
5.43
-1.31
1.4
-2.34
-2.83
3.7
7.43
9.03
- -
Working Capital
54
30
14
17
14
12
10
15
11
18
18
21
27
15
LT Debt
36
5
21
20
6
5
11
14
10
10
9
6
10
4
Total Equity
102
102
49
31
35
41
41
41
39
39
41
43
50
38
Return on Invested Capital (%)
- -
- -
- -
- -
- -
15.65
-0.24
-0.7
- -
-7.04
6.24
9.7
6.75
- -
Return on Capital (%)
- -
- -
- -
- -
- -
6.21
-3.32
2.14
- -
-5.63
5.13
9.73
10.91
- -
Return on Common Equity (%)
10.13
1.42
-74.03
-31.03
-23.13
8.02
-2.18
1.55
-3.11
-4.25
5.37
10.03
12.22
- -

Capital Structure

USD

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
ST Debt
- -
- -
- -
LT Borrowings
18
18
4
LT Finance Leases
- -
3
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
54
Market Capitalization
12
13
24

Working Capital

USD

•

in mil. unless spec.
Sep'16
Dec'16
Jun'17
Total Current Assets
27
34
33
Cash, Cash Equivalents & STI
9
17
14
Accounts Receivable, Net
13
13
14
Inventories
1
1
1
Total Current Liabilities
18
17
18
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.5%
4.45%
17.8%
Free Cash Flow
6.88%
-3.36%
-10.2%
Net Income, GAAP
-91.15%
-71.33%
37.08%
Sales/Revenue/Turnover
2.76%
7%
12.87%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
53
2025
- -
- -
60
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.07
2025
- -
- -
0.09
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Polykarpos Protopapas
Full Time Employees
214
Sector
Energy minerals
Industry
Oil & gas production
Address
Office 401 Limassol LI Cyprus 3036
IPO Date
May 12, 1997
Business
Petrolia SE is an integrated oil and gas company headquartered in Limassol, Cyprus, founded in 1997. It operates primarily in two business segments: Energy and Energy Service. The Energy segment focuses on exploration and production of oil and gas, including interests in the Norwegian Continental Shelf through its associated company Petrolia NOCO AS, which holds multiple licenses for exploration and production and operates as an independent license holder and operator. The Energy Service segment provides well services and rents energy service equipment such as drill pipes, test tubing, casing, and handling equipment primarily through its subsidiary Independent Oil Tools AS. This segment also offers casing and tubing running, drilling services, and make and brake services, serving drilling contractors, oil companies, and energy service companies. Geographically, Petrolia SE operates extensively in Norway, with additional operations across Europe, Asia, Australia, the Middle East, Africa, and Romania. The company also owns and operates one land rig in Iraq, and through its subsidiary CO2 Management AS, it is involved in decarbonization projects and planning a multimodal CO2 hub in Bremen, Germany to address emissions in hard-to-abate European industries. Recent major changes include Petrolia NOCO being awarded interests in new licenses on the Norwegian Continental Shelf in the 2023 Predefined Areas Awards, with operator roles in multiple licenses and plans for first oil production expected around 2029. The Energy Service division has experienced fluctuating activity levels impacted by regional events such as the closure of the pipeline from Iraq to Turkey in 2023, but expects a pick-up in operations in 2025. Additionally, the company has increased its focus on green energy initiatives, including carbon capture and emission reduction technologies. Petrolia SE continues to strengthen its portfolio through exploration, production, and equipment rental services with a strategic focus on maximizing field potential through innovative technologies and increasing recovery in mature fields, while expanding its footprint in energy service solutions globally. The company employs around 251 people and maintains a diversified client base of major oil service companies, oil companies, and drilling contractors worldwide. It changed its name from Petrolia E&P Holdings SE to Petrolia SE in 2013 and continues to report modestly improving financial performance and an active investment program in both oil and gas exploration and service activities.