Added to YB: 2024-05-02
Pitch date: 2024-05-01
OKEA.OL [bullish]
OKEA ASA
-17.12%
current return
Author Info
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Company Info
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian Continental Shelf.
Market Cap
NOK 2.6B
Pitch Price
NOK 25.82
Price Target
N/A
Dividend
N/A
EV/EBITDA
0.40
P/E
-2.17
EV/Sales
0.28
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Against The Trend. How to Creating Shareholder Value in Uncommon Places - OKEA ASA
OKEA.OL: Q1 rev NOK 3.4B (+35% vs est), 42 kboe/d prod, NOK 2.8B LTM FCF. Sanctions Bestla (+10 kboe/d by '27), lifts 2024 capex NOK 400M but maintains NOK 2B FCF est. Undervalued at NOK 2.67B mkt cap (NOK 2.36B EV) vs FCF & assets. Div. resumption in '25 a catalyst.
Read full article (2 min)