Norwegian Energy Company ASA, an independent oil and gas company, focuses on the exploration, development, and production of hydrocarbon resources on the Norwegian, Danish, and the United Kingdom continental shelves.
The last earnings update was 42 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Norwegian Energy. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Norwegian Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
Norwegian Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Norwegian Energy's revenue is expected to grow significantly at over 20% yearly.
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.
Norwegian Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Norwegian Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
Norwegian Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Norwegian Energy's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Norwegian 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.5x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Atle Sonesen serves as Managing Director of Neptune E&P Norge AS. He is Chief Operating Officer at Norwegian Energy Company ASA since 2019 and its Managing Director since November 1, 2019. Mr. Sonesen has more than 20 years of experience in the oil and gas industry, and joined in May 2013. He served as Managing Director of GdF Suez E&P, where he also worked on well and drilling operations and with license and operations management on the Norwegian continental shelf. He also has a background in business development, technology and marketing from Schlumberger Oilfield Services. Mr. Sonesen holds an M Sc in Petroleum Engineering from the University of Stavanger.
Insufficient data for Atle to compare compensation growth.
Insufficient data for Atle to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Norwegian Energy management team is less than 2 years, this suggests a new team.
Executive Vice President of Corporate Finance & Investments
MD & COO
Executive Vice President of Investor Relations & Communications
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Norwegian Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors
Charle Justin Darricarrere
Who owns this company?
Recent Insider Trading
Norwegian Energy individual insiders have only sold shares in the past 3 months.
Norwegian Energy Company ASA, an independent oil and gas company, focuses on the exploration, development, and production of hydrocarbon resources on the Norwegian, Danish, and the United Kingdom continental shelves. As of July 31, 2019, the company had proven and probable reserves of 195 million barrels of oil equivalent. Norwegian Energy Company ASA was founded in 2005 and is headquartered in Oslo, Norway.
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