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BW Energy

DB:6BW
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6BW
DB
NOK2B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in Africa. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • BW Energy has significant price volatility in the past 3 months.
6BW Share Price and Events
7 Day Returns
-3.3%
DB:6BW
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-
DB:6BW
21.9%
DE Oil and Gas
-17.7%
DE Market
6BW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BW Energy (6BW) -3.3% -55.7% - - - -
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • No trading data on 6BW.
  • No trading data on 6BW.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

6BW Value

 Is BW Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BW Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BW Energy.

DB:6BW Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6BW
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 23%) (120.97%))
1.376
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.38
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.376 * 5.44%)
7.09%

Discounted Cash Flow Calculation for DB:6BW using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BW Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:6BW DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.09%)
2020 205.99 Est @ 1.37% 192.35
2021 207.73 Est @ 0.85% 181.13
2022 208.72 Est @ 0.47% 169.93
2023 209.17 Est @ 0.22% 159.02
2024 209.24 Est @ 0.03% 148.53
2025 209.05 Est @ -0.09% 138.57
2026 208.66 Est @ -0.18% 129.15
2027 208.15 Est @ -0.24% 120.30
2028 207.55 Est @ -0.29% 112.01
2029 206.89 Est @ -0.32% 104.26
Present value of next 10 years cash flows $1,455.00
DB:6BW DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $206.89 × (1 + -0.39%) ÷ (7.09% – -0.39%)
$2,753.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,753.78 ÷ (1 + 7.09%)10
$1,387.69
DB:6BW Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,455.00 + $1,387.69
$2,842.69
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,842.69 / 241.34
$11.78
DB:6BW Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:BWE)
10.551
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $11.78 x 10.551
NOK124.28
Non-primary Listing Adjustment Factor 1 share in DB:6BW represents 0.07919x of OB:BWE
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.07919x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (NOK) x Listing Adjustment Factor
= NOK 124.28 x 0.07919
€9.84
Value per share (EUR) From above. €9.84
Current discount Discount to share price of €0.70
= -1 x (€0.70 - €9.84) / €9.84
92.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price BW Energy is available for.
Intrinsic value
>50%
Share price is €0.7 vs Future cash flow value of €9.84
Current Discount Checks
For BW Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • BW Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • BW Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BW Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BW Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6BW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.31
OB:BWE Share Price ** OB (2020-03-30) in NOK NOK8.84
OB:BWE Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.095 $0.84
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BW Energy.

DB:6BW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:BWE Share Price ÷ EPS (both in USD)

= 0.84 ÷ 0.31

2.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BW Energy is good value based on earnings compared to the Europe Oil and Gas industry average.
  • BW Energy is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does BW Energy's expected growth come at a high price?
Raw Data
DB:6BW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-17.2%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:6BW PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.71x ÷ -17.2%

-0.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BW Energy earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BW Energy's assets?
Raw Data
DB:6BW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.94
OB:BWE Share Price * OB (2020-03-30) in NOK NOK8.84
OB:BWE Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.095 $0.84
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:6BW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:BWE Share Price ÷ Book Value per Share (both in USD)

= 0.84 ÷ 1.94

0.43x

* Primary Listing of BW Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BW Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess BW Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. BW Energy has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6BW Future Performance

 How is BW Energy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-17.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BW Energy expected to grow at an attractive rate?
  • BW Energy's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • BW Energy's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • BW Energy's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:6BW Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6BW Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -17.2%
DB:6BW Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -0.8%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:6BW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6BW Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 268 1
2021-12-31 259 45 1
2020-12-31 236 7 1
2020-03-31
DB:6BW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 282 203 58
2019-09-30 227 105 34
2018-12-31 39 -30 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BW Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • BW Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:6BW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from BW Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6BW Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.21 0.21 0.21 1.00
2021-12-31 0.19 0.19 0.19 1.00
2020-12-31 0.03 0.03 0.03 1.00
2020-03-31
DB:6BW Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.31
2019-09-30
2018-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BW Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess BW Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BW Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6BW Past Performance

  How has BW Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BW Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Unable to establish if BW Energy's year on year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
  • Unable to compare BW Energy's 1-year earnings growth to the 5-year average as it has been trading publicly for less than 3 years.
  • BW Energy's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (2130.8% vs -4.1%).
Earnings and Revenue History
BW Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BW Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6BW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 282.40 58.00
2019-09-30 227.30 33.60
2018-12-31 39.20 2.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BW Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BW Energy used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Unable to establish if BW Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess BW Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BW Energy has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6BW Health

 How is BW Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BW Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BW Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BW Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of BW Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • BW Energy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BW Energy Company Filings, last reported 3 months ago.

DB:6BW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 363.10 0.00 81.00
2019-09-30 276.90 0.00 85.40
2018-12-31 229.50 0.00 8.30
  • BW Energy has no debt.
  • BW Energy has not taken on any debt in the past 5 years.
  • BW Energy has no debt, it does not need to be covered by operating cash flow.
  • BW Energy has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess BW Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BW Energy has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6BW Dividends

 What is BW Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from BW Energy dividends. Estimated to be 0% next year.
If you bought €2,000 of BW Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate BW Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate BW Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:6BW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:6BW Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2020-03-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as BW Energy has not reported any payouts.
  • Unable to verify if BW Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of BW Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as BW Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of BW Energy's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess BW Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BW Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BW Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6BW Management

 What is the CEO of BW Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Carl Arnet
AGE 63
TENURE AS CEO 0.7 years
CEO Bio

Mr. Carl Krogh Arnet is the Chief Executive Officer at BW Energy Limited since July 1, 2019. He has also been the Managing Director of APL since 1996. Prior to joining APL, Mr Arnet had various positions at Norsk Hydro in the period from 1981 to 1996, including Offshore Installation Manager and Vice President. Current directorships and senior management positions: • Maritime and Port Authority of Singapore (Director), BW Offshore Limited (Director) and Kolbjørn Invest I AS (Director). Previous directorships and senior management positions last five years: • Nofamo Greåkerveien 85 AS (Vice Chairman), Nofamo AS (Vice Chairman), Kolbjørn Invest II AS (chairman), APL Property AS, Canal Street AS, pl Technology AS, APL Norway AS, Wireless Net Communications AS (Vice Chairman) and Nexus Floating Production Ltd (Vice Chairman). Education: Mr. Arnet holds an M.Sc. in Engineering from The Norwegian University of Science and Technology (NTNU) in the year 1975 to 1979 and an MBA in Management from the Norwegian School of Management (BI) in the year 1994 to 1996.

CEO Compensation
  • Insufficient data for Carl to compare compensation growth.
  • Insufficient data for Carl to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Carl Arnet

TITLE
Chief Executive Officer
AGE
63
TENURE
0.7 yrs

Knut Sæthre

TITLE
Chief Financial Officer
AGE
55

Lin Espey

TITLE
Chief Operation Officer
AGE
51

Thomas Kolanski

TITLE
Head of Business Development
Board of Directors Tenure

Average tenure and age of the BW Energy board of directors in years:

0.3
Average Tenure
49
Average Age
  • The average tenure for the BW Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andreas Sohmen-Pao

TITLE
Chairman
AGE
48

Hilde Drønen

TITLE
Independent Director
AGE
58

Marco Beenen

TITLE
Director
AGE
49
TENURE
0.3 yrs

Tormod Vold

TITLE
Independent Director
TENURE
0.3 yrs

William Scheirman

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess BW Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BW Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6BW News

Simply Wall St News

6BW Company Info

Description

BW Energy Limited engages in the acquisition, exploration, development, and production of oil and natural gas in Africa. It primarily holds interests in three hydrocarbon licenses in Gabon, Brazil, and Namibia. The company was founded in 2016 and is based in Oslo, Norway.

Details
Name: BW Energy Limited
6BW
Exchange: DB
Founded: 2016
NOK183,269,253
241,339,930
Website: http://www.bwenergy.no
Address: BW Energy Limited
Drammensveien 151,
Oslo,
Oslo, 0277,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB BWE Share Capital Oslo Bors NO NOK 19. Feb 2020
DB 6BW Share Capital Deutsche Boerse AG DE EUR 19. Feb 2020
Number of employees
Current staff
Staff numbers
100
BW Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 00:54
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/18
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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 here.