Equities

OKEA

NO0010816895

Oil & Gas Exploration and Production

Real-time Oslo Bors Other stock markets 10:02:18 2024-04-19 am EDT			5-day change	1st Jan Change
26.86 ^NOK	-2.11%		-0.30%	+1.05%

Apr. 08	Correction: DNO Commits to Develop Brasse Oil Project in Norway	MT
Apr. 08	DNO Commits to Develop Brasse Oil Project in Norway	MT

OKEA ASA Announces Earnings Results for the Fourth Quarter of Fiscal 2020

February 05, 2021 at 01:00 am EST

OKEA ASA announced earnings results for the fourth quarter of fiscal 2020. For the quarter, the company's operating income amounted to NOK 584 million, and net profit after tax amounted to NOK 182 million. Earnings per share amounted to NOK 1.78.

Latest news about OKEA ASA

Correction: DNO Commits to Develop Brasse Oil Project in Norway	Apr. 08	MT
DNO Commits to Develop Brasse Oil Project in Norway	Apr. 08	MT
Transcript : OKEA ASA, Q4 2023 Earnings Call, Feb 08, 2024	Feb. 08
OKEA ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 08	CI
OKEA ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 08	CI
OKEA ASA Provides Production Guidance for the Year 2024	Feb. 08	CI
OKEA ASA Reports Production Results for the Fourth Quarter of 2023	Feb. 08	CI
OKEA ASA Reports Impairment Charges for the Fourth Quarter of 2023	Feb. 08	CI
Okea Secures Three Exploration Licenses on Norwegian Continental Shelf	Jan. 16	MT
Rex International Unit Acquires Minority Stake in Norwegian North Sea License	Jan. 02	MT
Okea Completes Purchase of Interest in Norwegian Oil Field from Equinor	Dec. 29	MT
OKEA ASA (OB:OKEA) acquired 28% working interest in PL037 (Statfjord Area) from Equinor Energy AS.	Dec. 28	CI
Norwegian November gas output beats forecasts while oil lags	Dec. 20	RE
Norway oil and gas investments set to soar in 2024, industry says	Dec. 13	RE
Global markets live: Meta, Tesla, BP Plc, Pfizer, General Motors...	Dec. 01
Okea Postpones $220 Million Acquisition of Equinor's North Sea License	Dec. 01	MT
Norway's Okea postpones $220 million acquisition from Equinor	Nov. 30	RE
Norwegian October oil and gas output lags forecasts	Nov. 21	RE
Rex International Unit Acquiring Minority Stake in Norwegian North Sea License	Nov. 06	MT
Transcript : OKEA ASA, Q3 2023 Earnings Call, Oct 26, 2023	23-10-26
OKEA ASA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
OKEA ASA Announces Dividend, Payment Date of 15 December 2023 (On or About)	23-10-25	CI
Norwegian Sept gas output lags forecasts, hits 4-year low on outages	23-10-23	RE
OKEA ASA Announces Impairment Charge for the Quarter	23-10-19	CI
OKEA ASA Reports Production Results for the Third Quarter of 2023	23-10-19	CI

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Company Profile

Okea ASA is a Norway-based mid-to-late-life operator on the Norwegian continental shelf (NCS). The Company has an asset portfolio including the Draugen field, which is operated by OKEA, as well as non-operated positions. Furthermore, OKEA has activities in projects under development, including the Hasselmus gas discovery and Draugen power from shore, as well as discoveries being evaluated for development and exploration licences with planned and possible wells. As an operator on the NCS, OKEA carries out various activities related to production of hydrocarbons from existing assets, as well as development of new oil and gas fields. These activities take place at multiple locations both offshore and onshore.

Sector

Oil & Gas Exploration and Production

Calendar

2024-04-24 - Q1 2024 Earnings Release

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Ratings for OKEA ASA

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

27.44 NOK

Average target price

37.2 NOK

Spread / Average Target

+35.57%

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Sector Oil Exploration & Production - Offshore

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Oil Exploration & Production - Offshore