XOSLOKEA
Market cap174mUSD
Dec 20, Last price
19.45NOK
1D
0.10%
1Q
-1.47%
IPO
-4.28%
Name
Okea ASA
Chart & Performance
P/E
—
P/S
0.23
EPS
—
Div Yield, %
20.57%
Shrs. gr., 5y
22.36%
Rev. gr., 5y
21.03%
Revenues
8.74b
+36.57%
Net income
-935m
L
CFO
5.19b
+55.14%
Dividend
Dec 01, 20231 NOK/sh
Earnings
Feb 06, 2025
Profile
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2.77% interests in Ivar Aasen, and 15% interests in Yme assets. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.
Valuation
Title NOK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 8,738,903 36.57% | 6,398,654 69.25% | 3,780,641 128.81% | ||||||
Cost of revenue | 4,620,146 | 2,301,458 | 1,604,806 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 4,118,757 | 4,097,196 | 2,175,835 | ||||||
NOPBT Margin | 47.13% | 64.03% | 57.55% | ||||||
Operating Taxes | 2,034,335 | 2,545,357 | 1,502,673 | ||||||
Tax Rate | 49.39% | 62.12% | 69.06% | ||||||
NOPAT | 2,084,422 | 1,551,839 | 673,162 | ||||||
Net income | (935,358) -239.69% | 669,608 10.99% | 603,309 -200.10% | ||||||
Dividends | (415,641) | (301,264) | |||||||
Dividend yield | 15.04% | 8.47% | |||||||
Proceeds from repurchase of equity | 716 | 15,534 | |||||||
BB yield | -0.02% | -0.60% | |||||||
| Debt | |||||||||
Debt current | 135,834 | 96,945 | 82,996 | ||||||
Long-term debt | 2,080,252 | 2,115,149 | 3,271,883 | ||||||
Deferred revenue | |||||||||
Other long-term liabilities | 9,594,115 | 5,997,448 | 4,170,488 | ||||||
Net debt | (4,164,412) | (2,460,520) | (1,895,356) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 5,188,087 | 3,344,073 | 2,515,403 | ||||||
CAPEX | (1,988,469) | (1,404,609) | (839,505) | ||||||
Cash from investing activities | (3,205,575) | (2,434,433) | (940,504) | ||||||
Cash from financing activities | (517,946) | (1,969,082) | (422,203) | ||||||
FCF | 1,643,671 | (521,462) | 752,672 | ||||||
| Balance | |||||||||
Cash | 2,301,181 | 1,010,492 | 2,225,672 | ||||||
Long term investments | 4,079,317 | 3,662,122 | 3,024,563 | ||||||
Excess cash | 5,943,553 | 4,352,681 | 5,061,203 | ||||||
Stockholders' equity | (712,985) | 450,723 | (219,076) | ||||||
Invested Capital | 13,020,101 | 9,097,946 | 8,378,315 | ||||||
ROIC | 18.85% | 17.76% | 7.88% | ||||||
ROCE | 31.21% | 33.09% | 21.99% | ||||||
| EV | |||||||||
Common stock shares outstanding | 103,910 | 103,948 | 102,921 | ||||||
Price | 26.60 -22.22% | 34.20 35.18% | 25.30 145.63% | ||||||
Market cap | 2,764,015 -22.25% | 3,555,008 36.53% | 2,603,914 146.89% | ||||||
EV | (1,400,397) | 1,094,488 | 708,558 | ||||||
EBITDA | 5,835,750 | 4,866,555 | 2,848,285 | ||||||
EV/EBITDA | 0.22 | 0.25 | |||||||
Interest | 281,264 | 293,282 | 182,038 | ||||||
Interest/NOPBT | 6.83% | 7.16% | 8.37% | ||||||