1. Norway Stocks

  2. •

    Energy minerals

  3. •

    Integrated oil
OKEA ASA

OKEA ASA

45.70
NOK
+1.65
(+3.75%)
0.98EPS
31.11P/E
3.16BMarket Cap
Nov 03Next Earn
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
- -
- -
0.16
0.46
3.58
1.89
4.16
6.29
8.27
112.31
75.96
83.33
Basic EPS, GAAP
-0.02
-0.02
-0.05
-0.48
-0.09
-0.69
0.66
0.66
-0.89
3.89
-5.3
0.98
Free Cash Flow per Basic Share
- -
-1.33
-0.66
-0.48
1.57
-0.47
1.85
1.91
3.03
8.52
-4.97
-11.15
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.3
0.39
- -
- -
- -
Book Value per Share
0.02
0.51
0.7
2.03
1.87
1.24
1.86
2.04
0.69
10.71
5.54
10.19
Tangible Book Value per Share
0.02
0.5
0.69
-0.1
0.28
0.36
1.03
0.77
-1.49
-4.84
-3.47
1.97
Basic Weighted Avg Shares
30
30
30
37
93
102
103
104
104
104
104
104
Sales/Revenue/Turnover
- -
- -
5
17
333
194
429
653
859
11,670
7,893
8,659
Operating Margin (%)
- -
-5,755.47
-145.18
-73.83
31.52
9.58
50.73
61.56
46.55
41.02
27.83
32.49
Depreciation Expense
- -
- -
2
11
80
82
76
78
167
3,051
2,270
2,085
Net Income, GAAP
- -
-1
-1
-18
-8
-71
68
68
-92
404
-551
102
Effective Tax Rate (%)
- -
- -
- -
- -
116.96
- -
71.35
79.17
185.11
91.66
- -
95.59
Profit Margin (%)
- -
-1,145.55
-30.48
-103.98
-2.42
-36.48
15.96
10.46
-10.7
3.46
-6.98
1.17
Working Capital
1
- -
120
41
77
109
210
81
-96
1,567
1,844
1,909
LT Debt
- -
- -
117
290
303
298
337
189
182
2,950
3,100
3,044
Total Equity
2
42
58
167
191
127
194
212
71
1,113
576
1,059
Return on Invested Capital (%)
- -
- -
- -
- -
-3.15
- -
14.1
13.79
-23.6
14.12
- -
1.76
Return on Capital (%)
- -
- -
- -
- -
-3.4
- -
15.34
15.68
-34.26
20.54
- -
2.97
Return on Common Equity (%)
- -
-2.96
-2.86
-15.9
-4.51
-44.48
42.67
33.68
-64.91
68.2
-65.19
8.46

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
37
39
39
LT Borrowings
2,973
2,858
2,926
LT Finance Leases
126
123
118
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
2,307
4,307
3,159

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,644
5,601
5,958
Cash, Cash Equivalents & STI
2,937
2,481
3,387
Accounts Receivable, Net
211
274
231
Inventories
793
734
606
Total Current Liabilities
3,800
4,002
4,049
Payables & Accruals
- -
- -
- -
ST Debt
37
39
39
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
360.81%
281.55%
-48.25%
Free Cash Flow
- -
-81.53%
-158.29%
Net Income, GAAP
81.83%
-241.42%
-236.32%
Sales/Revenue/Turnover
- -
286.23%
-32.36%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
325
227
275
2,254
11,670
2025
2,797
1,975
- -
1,035
7,893
2026
2,552
3,097
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
0.08
0.25
0.67
3.89
2025
2.16
-2.03
- -
-1.71
-5.3
2026
3.39
1.34
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Svein Jakob Liknes
Full Time Employees
538
Sector
Energy minerals
Industry
Integrated oil
Address
Kongens gate 8 Trondheim NO Norway 7011
IPO Date
Jun 18, 2019
Website
okea.no
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Business
OKEA ASA operates as a mid-to-late-life oil and gas producer on the Norwegian Continental Shelf, focusing on maximizing value from mature assets through development, production, near-field exploration, and efficiency improvements; key operated assets include Draugen, with additional interests in Gjøa, Ivar Aasen, Yme, Statfjord area (including Statfjord Unit, Statfjord Nord, Statfjord Øst and Sygna Units), and partner-operated positions such as Brasse; the company targets extensions of field lifetimes via tie-backs to existing infrastructure, new drilling, power-from-shore projects like Draugen Power from Shore, and technologies to reduce costs and emissions, serving markets in Europe from six producing assets averaging 31.7 thousand barrels of oil equivalent per day in Q3 2025. Founded in 2015 and headquartered in Trondheim, Norway, with offices in Kristiansund, Bergen, Stavanger and Oslo, OKEA employs 541 people and maintains a diversified portfolio across the North Sea and Norwegian Sea, emphasizing health, safety, environment and quality standards alongside operational excellence. Recent developments include the acquisition of a 28% working interest in PL037 (Statfjord Area) from Equinor for approximately $220 million, enhancing production capacity; a strategic partnership with tde digital for drilling performance analysis services to optimize operations and reduce environmental impact; successful refinancing and new well sanctions boosting 2026 production guidance by 5,000 barrels per day; advancements in projects like Bestla, Johan Nord area developments, and lifecycle extensions for assets including Draugen beyond 2040; and organizational strengthening with a new VP Supply Chain Management role to manage NOK 9 billion in annual procurement.