Added to YB: 2026-07-20
Pitch date: 2026-07-17
BNOR.OL [bullish]
BlueNord ASA
Author Info
No bio for this author
Company Info
BlueNord ASA, an oil and gas company, produces and develops resources that support the energy transition towards net zero.
Market Cap
NOK 1.4B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.41
P/E
28.79
EV/Sales
2.02
Sector
Oil, Gas and Consumable Fuels
Category
dividend
BlueNord ASA - $BNOR.OL
BNOR.OL: Danish non-operating oil & gas producer, paid ~20% of mkt cap in H1 dividends, could exceed 30% FY. Mature low-opex fields (~44.9K boepd). Cheap on 3x CapEx step-up '26, 64% tax, distribution policy change '27, 2042 license expiry, heavy '30/'31 debt & decommissioning. Bull: license extension to 2050 + stable 50-70% payout. Optionality to recoup 50%+ cost basis via divs in ~12mo.
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