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OKEA.OL

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OKEA ASA · Energy · Norway · $324M · Avg Vol: $1M/d

73
StockRank
Q
36
V
56
M
70
P/E (TTM)
—
ROE
-35.5%
D/E
3.3x
Dividend %
—
Director Trades · 180d
None in 180d →
Buybacks · 180d
None in 180d →
AI CONVICTION THESIS

OKEA ASA is a Norwegian oil and gas producer focused on the Norwegian Continental Shelf. It is a direct beneficiary of the structural floor in European gas and oil prices caused by geopolitical instability. However, its low quality score (Q: 39) indicates it is a highly capital-intensive, asset-heavy operator rather than a long-term compounder.

COMPANY DESCRIPTION

OKEA ASA is a mid-to-late-life oil and gas development and production company operating on the Norwegian Continental Shelf (NCS). The company specializes in extracting value from mature fields through low-cost development, operational optimization, and strategic asset acquisitions. Its competitive moat lies in its specialized operator capabilities, lean organizational structure, and tax-efficient position on the NCS.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue652.9M859.2M1.0B783.7M6.3%
EPS0.66-0.880.34-0.53-28.1%
Shares103.9M103.9M103.9M103.9M0.0%
Debt199.0M192.0M263.6M311.4M16.1%
Equity212.0M71.3M97.9M57.2M-35.4%
Op CF341.2M510.1M397.4M325.3M-1.6%
Inv CF-248.4M-315.2M-407.7M-408.9M—
Fin CF-200.9M-63.9M93.4M9.0M—
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PRICE (1Y)-18.4%
3.153.393.633.874.11May 13Jun 5Jun 25
SMA 50SMA 200
Close
$3.15
RSI (14)
16.2
52W High
$4.41
From 52W High
0.7%

SCORE BREAKDOWN

Quality
36
ROIC
0.8%26.3
ROE
-35.5%7.1
GP/Assets
24.9%78.0
Op. Margin
24.8%77.6
FCF/Assets
-2.8%23.7
Piotroski
425.9
Int. Cover
0.3x21.3
D/E Ratio
3.27x3.9
Current Ratio
1.40x53.8
Value
56
P/E (TTM)
—N/A
EV/EBITDA
0.8x98.3
P/FCF
—N/A
P/B
0.3x92.0
P/S
0.4x85.4
Div Yield
—N/A
Momentum
70
52W High %
71%38.6
RS 6M
29%77.3
SMA 50/200
1.37x93.5
EPS Rev 4W
-5.3%8.9
EPS Rev 12W
—N/A
EPS Improve
+310%84.8
Q Growth
71%73.6

FUNDAMENTALS

Market Cap
$324M
P/E (Forward)
3.8x
Gross Margin
57.8%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of OKEA.OL are excluded.

TickerCompanyMkt CapStockRankSignal
OKEA.OLOKEA ASA(you)$324M73BUY
PEN.OLPanoro Energy ASA$352M59HOLD
PNOR.OLPetroNor E&P ASA$155M95STRONG BUY
BNOR.OLBlueNord ASA$1.3B99STRONG BUY
DNO.OLDNO ASA$1.6B96STRONG BUY
VAR.OLVår Energi ASA$10.2B98STRONG BUY
MORLD.OLMoreld ASA$341M74BUY
AKRBP.OLAker BP ASA$19.3B97STRONG BUY
ARCH.OLArcher Limited$235M78BUY
AKAST.OLAkastor ASA$363M51HOLD

Peer medians: ROE 9.2% · P/E 14.0x · Gross margin 61.5%

OKEA ASA (OKEA.OL) — Stock Score Summary

OKEA ASA (OKEA.OL) has a MoatMap StockRank of 73/100 based on Quality (36/100), Value (56/100), and Momentum (70/100) factor scores. The current signal is BUY. OKEA ASA is a Norwegian oil and gas producer focused on the Norwegian Continental Shelf. It is a direct beneficiary of the structural floor in European gas and oil prices caused by geopolitical instability. However, its low quality score (Q: 39) indicates it is a highly capital-intensive, asset-heavy operator rather than a long-term compounder.

OKEA ASA is a mid-to-late-life oil and gas development and production company operating on the Norwegian Continental Shelf (NCS). The company specializes in extracting value from mature fields through low-cost development, operational optimization, and strategic asset acquisitions. Its competitive moat lies in its specialized operator capabilities, lean organizational structure, and tax-efficient position on the NCS.

Key Financial Metrics

Price$3.15
Market Cap$324M
P/E (Forward)3.83
Price/Book0.35
Return on Equity-35.5%
Return on Invested Capital0.8%
Debt/Equity327.20
Gross Margin57.8%
Operating Margin24.8%
Revenue Growth-1.0%
Free Cash Flow$-51M

OKEA ASA operates in the Oil & Gas E&P industry, part of the Energy sector (Norway).

Frequently Asked Questions

What is OKEA ASA’s (OKEA.OL) StockRank?
MoatMap’s StockRank for OKEA ASA (OKEA.OL) is 73/100, with a Buy signal. It is a composite of Quality (36), Value (56), and Momentum (70) factor ranks across MoatMap’s 20,000+ stock universe.
Does OKEA ASA have an economic moat?
OKEA ASA (OKEA.OL) has a Quality factor score of 36/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is OKEA ASA a buy, hold, or sell?
MoatMap’s current signal for OKEA ASA (OKEA.OL) is Buy, based on a StockRank of 73/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is OKEA ASA in?
OKEA ASA (OKEA.OL) operates in the Energy sector, specifically the Oil & Gas E&P industry (Norway).
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