Okea ASA OKEA

Morningstar Rating
$24.62 +1.12 (4.77%)
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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 within a range we consider fairly valued.
Price
NOK 24.47
Fair Value
NOK 52.55
Uncertainty
Very High
1-Star Price
NOK 84.40
5-Star Price
NOK 31.42
Economic Moat
Vndg
Capital Allocation

Trading Information

Previous Close Price
$23.50
Day Range
$23.5824.74
52-Week Range
$18.9840.26
Bid/Ask
$21.90 / $24.80
Market Cap
$2.56 Bil
Volume/Avg
636,463 /

Key Statistics

Price/Earnings (Normalized)
1.06
Price/Sales
0.26
Dividend Yield (Trailing)
8.12%
Dividend Yield (Forward)
16.25%
Total Yield
8.12%

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
AKRBP
Price/Earnings (Normalized)
1.067.746.66
Price/Book Value
3.3512.771.10
Price/Sales
0.261.181.08
Price/Cash Flow
0.662.762.51
Price/Earnings
OKEA
VARo
AKRBP

Financial Strength

Metric
OKEA
VARo
AKRBP
Quick Ratio
0.940.451.00
Current Ratio
1.160.591.13
Interest Coverage
3.44104.46
Quick Ratio
OKEA
VARo
AKRBP

Profitability

Metric
OKEA
VARo
AKRBP
Return on Assets (Normalized)
5.43%4.87%5.70%
Return on Equity (Normalized)
74.65%109.70%17.73%
Return on Invested Capital (Normalized)
29.79%18.00%11.36%
Return on Assets
OKEA
VARo
AKRBP

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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Occidental Petroleum Corp
OXY
PkpqwknlwPsbv$51.1 Bil
Hess Corp
HES
RwxdhqxrTzztcn$43.2 Bil
Devon Energy Corp
DVN
YfwbzjvxGgqww$27.9 Bil
EQT Corp
EQT
WqzdsdrJzbqc$21.9 Bil
Marathon Oil Corp
MRO
DkszrlfcYlnfw$16.2 Bil
APA Corp
APA
LkhjftqKpfs$9.9 Bil
Antero Resources Corp
AR
HfnycpfbkMmwf$9.3 Bil

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