Okea ASA banner

Okea ASA
OSE:OKEA

Watchlist Manager
Okea ASA Logo
Okea ASA
OSE:OKEA
Watchlist
Price: 27.05 NOK -1.46% Market Closed
Market Cap: kr2.8B

Gross Margin

61.6%
Current
Declining
by 8.7%
vs 3-y average of 70.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.6%
=
Gross Profit
kr482.9m
/
Revenue
kr783.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.6%
=
Gross Profit
kr482.9m
/
Revenue
kr783.7m

Peer Comparison

Country Company Market Cap Gross
Margin
NO
Okea ASA
OSE:OKEA
2.8B NOK
Loading...
US
Conocophillips
NYSE:COP
136.7B USD
Loading...
CN
CNOOC Ltd
SSE:600938
940.7B CNY
Loading...
CA
Canadian Natural Resources Ltd
TSX:CNQ
120.5B CAD
Loading...
US
EOG Resources Inc
NYSE:EOG
66.6B USD
Loading...
PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD
Loading...
US
Diamondback Energy Inc
NASDAQ:FANG
50.5B USD
Loading...
US
Hess Corp
NYSE:HES
46.1B USD
Loading...
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD
Loading...
US
EQT Corp
NYSE:EQT
37.7B USD
Loading...
AU
Woodside Energy Group Ltd
ASX:WDS
51.8B AUD
Loading...

Market Distribution

Higher than 72% of companies in Norway
Percentile
72nd
Based on 655 companies
72nd percentile
61.6%
Low
-3 145.8% — 7.6%
Typical Range
7.6% — 59.8%
High
59.8% — 1 122%
Distribution Statistics
Norway
Min -3 145.8%
30th Percentile 7.6%
Median 38.1%
70th Percentile 59.8%
Max 1 122%

Okea ASA
Glance View

Market Cap
2.8B NOK
Industry
Energy

Okea AS engages in the development and production of oil and gas. The company is headquartered in Trondheim, Sor-Trondelag. The company went IPO on 2019-06-18. The firm has an asset portfolio including the Draugen field, which is operated by OKEA, as well as non-operated positions. Furthermore, OKEA has activities in projects under development, including the Hasselmus gas discovery and Draugen power from shore, as well as discoveries being evaluated for development and exploration licences with planned and possible wells. As an operator on the NCS, OKEA carries out various activities related to production of hydrocarbons from existing assets, as well as development of new oil and gas fields. These activities take place at multiple locations both offshore and onshore.

OKEA Intrinsic Value
14.86 NOK
Overvaluation 45%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
61.6%
=
Gross Profit
kr482.9m
/
Revenue
kr783.7m
What is Okea ASA's current Gross Margin?

The current Gross Margin for Okea ASA is 61.6%, which is below its 3-year median of 70.4%.

How has Gross Margin changed over time?

Over the last 3 years, Okea ASA’s Gross Margin has decreased from 74.7% to 61.6%. During this period, it reached a low of 61.6% on Jan 1, 2026 and a high of 76.4% on Mar 31, 2023.

Back to Top