Added to YB: 2025-07-29
Pitch date: 2025-07-26
DNO.OL [bullish]
DNO ASA
+13.87%
current return
Author Info
No bio for this author
Company Info
DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.
Market Cap
NOK 1.5B
Pitch Price
NOK 13.48
Price Target
N/A
Dividend
8.40%
EV/EBITDA
5.81
P/E
-16.06
EV/Sales
2.95
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
DNO ASA: Could It 3x?
DNO.OL: Norwegian O&G co transformed from Kurdistan-focused (75% of Tawke) to North Sea (60% of production post-Sval acquisition). Q1'25: $188M revenue, $1.47B cash, 84.2kbd production. Kurdistan still generating $10M monthly FCF despite pipeline shutdown. Added West Africa footprint (CI-27/CI-12) for gas diversification. Strong exploration success (Kjøttkake, Mistral, Vidsyn).
Read full article (4 min)