OKEA (OKEA) Stock Overview
An oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for OKEA from our risk checks.
OKEA Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
OKEA ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 35.50 |
| 52 Week High | NOK 43.80 |
| 52 Week Low | NOK 16.90 |
| Beta | -0.34 |
| 1 Month Change | 13.24% |
| 3 Month Change | -9.44% |
| 1 Year Change | 104.73% |
| 3 Year Change | -3.79% |
| 5 Year Change | 133.55% |
| Change since IPO | 74.88% |
Recent News & Updates
OKEA: Higher Production Guidance Will Offset Upcoming Impairment Charges
Analysts have raised their price target for OKEA from NOK 20.0 to NOK 40.0, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News for OKEA OKEA issued impairment guidance for the second quarter of 2026, indicating expected impairment charges on the Statfjord asset in the range of US$80 million to US$100 million and impairment of technical goodwill on Draugen in the range of US$5 million to US$10 million, with a related post tax impact expected at US$25 million to US$30 million.
OKEA: Higher Production Guidance And Improved Margins Will Drive Repricing
Analysts have lifted their price target for OKEA from NOK 24.00 to NOK 47.40, citing updated assumptions for revenue growth, profit margins and future P/E levels as key drivers behind the new fair value estimate. What’s in the News for OKEA OKEA reiterated its production guidance for 2026 at 31 to 35 kboepd, according to company guidance.Recent updates
OKEA: Higher Production Guidance Will Offset Upcoming Impairment Charges
Analysts have raised their price target for OKEA from NOK 20.0 to NOK 40.0, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News for OKEA OKEA issued impairment guidance for the second quarter of 2026, indicating expected impairment charges on the Statfjord asset in the range of US$80 million to US$100 million and impairment of technical goodwill on Draugen in the range of US$5 million to US$10 million, with a related post tax impact expected at US$25 million to US$30 million.OKEA: Higher Production Guidance And Improved Margins Will Drive Repricing
Analysts have lifted their price target for OKEA from NOK 24.00 to NOK 47.40, citing updated assumptions for revenue growth, profit margins and future P/E levels as key drivers behind the new fair value estimate. What’s in the News for OKEA OKEA reiterated its production guidance for 2026 at 31 to 35 kboepd, according to company guidance.OKEA ASA (OB:OKEA) Just Reported And Analysts Have Been Lifting Their Price Targets
Shareholders of OKEA ASA ( OB:OKEA ) will be pleased this week, given that the stock price is up 12% to kr25.95...Improved Revenues Required Before OKEA ASA (OB:OKEA) Shares Find Their Feet
OKEA ASA's ( OB:OKEA ) price-to-sales (or "P/S") ratio of 0.2x may look like a pretty appealing investment opportunity...OKEA ASA's (OB:OKEA) Shares Lagging The Industry But So Is The Business
When you see that almost half of the companies in the Oil and Gas industry in Norway have price-to-sales ratios (or...OKEA's (OB:OKEA) Solid Earnings Are Supported By Other Strong Factors
Even though OKEA ASA ( OB:OKEA ) posted strong earnings, investors appeared to be underwhelmed. We did some digging and...Lacklustre Performance Is Driving OKEA ASA's (OB:OKEA) Low P/S
When close to half the companies operating in the Oil and Gas industry in Norway have price-to-sales ratios (or "P/S...OKEA (OB:OKEA) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts
It's been a good week for OKEA ASA ( OB:OKEA ) shareholders, because the company has just released its latest...OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate
Key Insights Using the Dividend Discount Model, OKEA fair value estimate is kr38.14 OKEA is estimated to be 42...Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates
One thing we could say about the analysts on OKEA ASA ( OB:OKEA ) - they aren't optimistic, having just made a major...Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E
OKEA ASA's ( OB:OKEA ) price-to-earnings (or "P/E") ratio of 3.7x might make it look like a strong buy right now...Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week
Celebrations may be in order for OKEA ASA ( OB:OKEA ) shareholders, with the analysts delivering a significant upgrade...Shareholder Returns
| OKEA | NO Oil and Gas | NO Market | |
|---|---|---|---|
| 7D | 10.4% | 12.4% | 4.6% |
| 1Y | 104.7% | 48.6% | 17.3% |
Return vs Industry: OKEA exceeded the Norwegian Oil and Gas industry which returned 48.6% over the past year.
Return vs Market: OKEA exceeded the Norwegian Market which returned 17.3% over the past year.
Price Volatility
| OKEA volatility | |
|---|---|
| OKEA Average Weekly Movement | 6.3% |
| Oil and Gas Industry Average Movement | 5.9% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in NO Market | 10.4% |
| 10% least volatile stocks in NO Market | 2.9% |
Stable Share Price: OKEA has not had significant price volatility in the past 3 months compared to the Norwegian market.
Volatility Over Time: OKEA's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 537 | Svein Liknes | okea.no |
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.
OKEA ASA Fundamentals Summary
| OKEA fundamental statistics | |
|---|---|
| Market cap | NOK 3.72b |
| Earnings (TTM) | -NOK 43.76m |
| Revenue (TTM) | NOK 8.60b |
Is OKEA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OKEA income statement (TTM) | |
|---|---|
| Revenue | US$898.09m |
| Cost of Revenue | US$345.31m |
| Gross Profit | US$552.79m |
| Other Expenses | US$557.36m |
| Earnings | -US$4.57m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Nov 03, 2026
| Earnings per share (EPS) | -0.044 |
| Gross Margin | 61.55% |
| Net Profit Margin | -0.51% |
| Debt/Equity Ratio | 276.4% |
How did OKEA perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/24 19:29 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
OKEA ASA is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Vidar Lyngvær | Danske Bank |
| Steffen Evjen | DNB Carnegie |