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Okea ASA OKEA

Morningstar Rating
NOK 24.16 −0.10 (0.41%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

OKEA is trading at a 256% premium.
Price
NOK 24.15
Fair Value
NOK 75.46
Uncertainty
Very High
1-Star Price
NOK 34.85
5-Star Price
NOK 87.27
Economic Moat
Ptnn
Capital Allocation
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News

Trading Information

Previous Close Price
NOK 24.26
Day Range
NOK 23.9224.60
52-Week Range
NOK 19.9941.36
Bid/Ask
NOK 23.66 / NOK 24.80
Market Cap
NOK 2.51 Bil
Volume/Avg
135,912 / 275,397

Key Statistics

Price/Earnings (Normalized)
1.04
Price/Sales
0.25
Dividend Yield (Trailing)
8.28%
Dividend Yield (Forward)
16.56%
Total Yield
8.28%

Company Profile

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme. The company generates the majority of its revenue from the sale of liquids.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
256

Comparables

Valuation

Metric
OKEA
VARo
PEN
Price/Earnings (Normalized)
1.047.2811.15
Price/Book Value
3.295.501.45
Price/Sales
0.251.151.56
Price/Cash Flow
0.652.674.40
Price/Earnings
OKEA
VARo
PEN

Financial Strength

Metric
OKEA
VARo
PEN
Quick Ratio
0.940.450.19
Current Ratio
1.160.591.05
Interest Coverage
3.447.33
Quick Ratio
OKEA
VARo
PEN

Profitability

Metric
OKEA
VARo
PEN
Return on Assets (Normalized)
5.43%4.87%5.26%
Return on Equity (Normalized)
74.65%70.95%14.00%
Return on Invested Capital (Normalized)
29.79%18.00%13.49%
Return on Assets
OKEA
VARo
PEN
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Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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HES
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FANG
YgdsdgkwlwRwzmbrd$35.8 Bil
Devon Energy Corp
DVN
RlxswcjlkHcxkdgt$29.1 Bil
EQT Corp
EQT
GmpkdjsjHrdk$20.4 Bil
Marathon Oil Corp
MRO
GjnhgnknGzml$15.6 Bil
APA Corp
APA
XtzxqtzkdXtl$11.6 Bil
Antero Resources Corp
AR
XyqlwxstPcwl$9.2 Bil

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