Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
DNO.OL
STRONG BUYFLAGGet insider-trade alertsDNO ASA · Energy · Norway · $1.6B · Avg Vol: $5M/d
DNO ASA is a Norwegian oil and gas operator with significant production assets in the Kurdistan region of Iraq and the North Sea. It offers immense asymmetric upside to high oil prices driven by Middle East instability, but its heavy concentration in Kurdistan introduces extreme geopolitical and pipeline shutdown risks.
COMPANY DESCRIPTION
DNO ASA is a Norwegian oil and gas operator focused on exploration, development, and production assets in the Middle East and the North Sea. The company is a low-cost producer in the Kurdistan region of Iraq, where it holds a dominant operating footprint and substantial reserve base. Its geographic diversification into the UK and Norwegian continental shelves provides a stable regulatory hedge against Middle Eastern geopolitical risks.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 1.4B | 667.5M | 666.8M | 1.5B | 2.3% |
| EPS | 0.39 | 0.02 | -0.03 | -0.05 | -94.9% |
| Shares | 1.1B | 975.0M | 975.0M | 975.0M | -7.5% |
| Debt | 568.2M | 575.8M | 803.3M | 1.4B | 34.0% |
| Equity | 1.4B | 1.2B | 1.1B | 1.3B | -1.0% |
| Op CF | 1.1B | 194.2M | 413.0M | 590.6M | -17.6% |
| Inv CF | -415.0M | -281.0M | -354.2M | -830.6M | — |
| Fin CF | -419.1M | -147.0M | 123.2M | -202.2M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of DNO.OL are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| DNO.OL | DNO ASA(you) | $1.6B | 96 | STRONG BUY |
| BNOR.OL | BlueNord ASA | $1.3B | 99 | STRONG BUY |
| VAR.OL | Vår Energi ASA | $10.2B | 98 | STRONG BUY |
| PNOR.OL | PetroNor E&P ASA | $155M | 95 | STRONG BUY |
| AKRBP.OL | Aker BP ASA | $19.3B | 97 | STRONG BUY |
| OKEA.OL | OKEA ASA | $324M | 73 | BUY |
| PEN.OL | Panoro Energy ASA | $352M | 59 | HOLD |
| TGS.OL | TGS ASA | $2.6B | 96 | STRONG BUY |
| AKSO.OL | Aker Solutions ASA | $2.2B | 100 | STRONG BUY |
| SEA1.OL | Sea1 Offshore Inc. | $378M | 97 | STRONG BUY |
Peer medians: ROE 9.2% · P/E 14.0x · Gross margin 61.5%