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Okea ASA OKEA

Morningstar Rating
NOK 27.44 −0.20 (0.72%)
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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 21% discount.
Price
NOK 27.65
Fair Value
NOK 62.86
Uncertainty
Very High
1-Star Price
NOK 46.47
5-Star Price
NOK 35.39
Economic Moat
Hftv
Capital Allocation
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News

Trading Information

Previous Close Price
NOK 27.64
Day Range
NOK 27.3428.46
52-Week Range
NOK 21.9041.36
Bid/Ask
NOK 26.78 / NOK 27.94
Market Cap
NOK 2.85 Bil
Volume/Avg
892,386 / 551,570

Key Statistics

Price/Earnings (Normalized)
2.66
Price/Sales
0.33
Dividend Yield (Trailing)
10.93%
Dividend Yield (Forward)
14.58%
Total Yield
10.93%

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
CNE
Price/Earnings (Normalized)
2.667.7710.08
Price/Book Value
3.935.270.32
Price/Sales
0.331.310.35
Price/Cash Flow
0.673.161.08
Price/Earnings
OKEA
VARo
CNE

Financial Strength

Metric
OKEA
VARo
CNE
Quick Ratio
0.630.630.89
Current Ratio
0.820.780.92
Interest Coverage
3.97771.702.24
Quick Ratio
OKEA
VARo
CNE

Profitability

Metric
OKEA
VARo
CNE
Return on Assets (Normalized)
7.41%5.96%10.27%
Return on Equity (Normalized)
65.54%82.18%35.77%
Return on Invested Capital (Normalized)
31.76%23.44%16.10%
Return on Assets
OKEA
VARo
CNE
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Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
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EOG
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PXD
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OXY
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HES
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FANG
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DVN
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MRO
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APA
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AR
Antero Resources CorpZyqympctmPwjf$8.8 Bil

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