S&P 500
(0.02%) 5 071.63 points
Dow Jones
(-0.11%) 38 461 points
Nasdaq
(0.10%) 15 713 points
Oil
(-0.02%) $82.79
Gas
(0.91%) $1.668
Gold
(-0.39%) $2 329.30
Silver
(-0.53%) $27.20
Platinum
(-0.46%) $911.60
USD/EUR
(0.06%) $0.935
USD/NOK
(0.80%) $10.99
USD/GBP
(-0.06%) $0.803
USD/RUB
(-0.94%) $92.32

Realtime updates for OKEA ASA [OKEA.OL]

Exchange: OSE Sector: Energy Industry: Oil & Gas E&P
Upcoming Earnings Alert

Quarter results today
(bmo 2024-04-24)

Expected move: +/- 6.09%

BUY
60.00%
return 20.45%
SELL
38.78%
return 4.69%
Last Updated24 Apr 2024 @ 10:25

-0.58% NOK 27.60

SELL 588 min ago

@ NOK27.64

Issued: 24 Apr 2024 @ 09:05


Return: -0.14%


Previous signal: Apr 24 - 08:18


Previous signal: Buy


Return: 0.73 %

Live Chart Being Loaded With Signals

Commentary (24 Apr 2024 @ 10:25):
Our systems believe the stock currently is undervalued by 0.02% compare to its pairs and should correct upwards.
Profile picture for OKEA ASA

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2...

Stats
Today's Volume 402 446
Average Volume 549 392
Market Cap 2.87B
EPS NOK0 ( 2024-02-08 )
Next earnings date ( NOK1.810 ) 2024-04-25
Last Dividend NOK1.000 ( 2023-12-01 )
Next Dividend NOK0 ( N/A )
P/E -3.07
ATR14 NOK0.896 (3.26%)
Correlation (AI algo v.1.1b): Undervalued: 0.02% NOK27.46 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.17 (neutral)
Short: -1.00 (very strong negative)
Signal:(27) Possible Trading Opportunity Present (swing)

OKEA ASA Correlation

10 Most Positive Correlations
AKSO.OL0.92
NOL.OL0.897
PEN.OL0.849
OTS.OL0.848
KAHOT.OL0.842
VAR.OL0.839
ODL.OL0.838
AIRX.OL0.837
OTEC.OL0.827
SVEG.OL0.827
10 Most Negative Correlations
EPR.OL-0.892
WSTEP.OL-0.878
HELG.OL-0.868
AKH.OL-0.868
CADLR.OL-0.862
PGS.OL-0.858
AASB.OL-0.854
TOTG.OL-0.849
HEX.OL-0.849
GJF.OL-0.848

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

OKEA ASA Correlation - Currency/Commodity

The country flag 0.42
( neutral )
The country flag 0.38
( neutral )
The country flag 0.00
( neutral )
The country flag 0.51
( weak )
The country flag -0.07
( neutral )
The country flag -0.11
( neutral )

OKEA ASA Financials

Annual 2023
Revenue: NOK8.74B
Gross Profit: NOK4.05B (46.35 %)
EPS: NOK-9.00
Q4 2023
Revenue: NOK2.04B
Gross Profit: NOK1.03B (50.58 %)
EPS: NOK-12.15
Q3 2023
Revenue: NOK2.13B
Gross Profit: NOK1.02B (47.67 %)
EPS: NOK0.310
Q2 2023
Revenue: NOK1.64B
Gross Profit: NOK910.68M (55.48 %)
EPS: NOK0.660

Financial Reports:

No articles found.

OKEA ASA Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
NOK1.000
(N/A)
NOK1.000
(N/A)
NOK1.000
(N/A)
NOK1.000
(N/A)
NOK1.000
(N/A)
NOK1.000
(N/A)
NOK0
(N/A)
NOK0
(N/A)
NOK0
(N/A)
NOK0
(N/A)

OKEA ASA Dividend Information - Dividend Knight

Dividend Sustainability Score: 4.27 - low (41.90%) | Divividend Growth Potential Score: 1.821 - No dividend expected

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend NOK0.900 2022-06-02
Last Dividend NOK1.000 2023-12-01
Next Dividend NOK0 N/A
Payout Date 2023-12-15
Next Payout Date N/A
# dividends 7 --
Total Paid Out NOK6.90 --
Avg. Dividend % Per Year 5.65% --
Score 4.74 --
Div. Sustainability Score 4.27
Div.Growth Potential Score 1.821
Div. Directional Score 3.05 --
Next Divdend (Est)
(2024-07-01)
NOK1.016 Estimate 38.00 %
Dividend Stability
0.76 Good
Dividend Score
4.74
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2022 NOK2.90 11.70%
2023 NOK4.00 11.10%
2024 NOK0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for OSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
ALNG.OL Dividend King 2023-11-27 Quarterly 2 6.60% 7.04
OKEA.OL Dividend Knight 2023-12-01 Quarterly 3 5.65% 6.86
SALM.OL Dividend Knight 2023-06-09 Annually 17 2.80% 4.97
BWLPG.OL Dividend Knight 2023-11-17 Quarterly 11 1.68% 4.46
ELK.OL Dividend Knight 2023-05-02 Annually 6 6.64% 4.31
BWO.OL Dividend Knight 2023-11-20 Quarterly 14 0.87% 3.96
ATEA.OL Dividend Knight 2023-11-20 Annually 16 2.97% 3.45
HAFNI.OL Dividend Knight 2023-11-23 Semi-Annually 5 1.18% 3.31
AKER.OL Dividend Knight 2023-11-07 Semi-Annually 20 2.99% 3.13
AUSS.OL Dividend Knight 2023-05-26 Annually 17 3.23% 2.93

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-0.1071.500-2.14-3.21[0 - 0.5]
returnOnAssetsTTM-0.05061.200-1.685-2.02[0 - 0.3]
returnOnEquityTTM-0.5211.500-6.90-10.00[0.1 - 1]
payoutRatioTTM-0.444-1.000-4.444.44[0 - 1]
currentRatioTTM0.8200.800-0.901-0.721[1 - 3]
quickRatioTTM0.6270.800-1.018-0.814[0.8 - 2.5]
cashRatioTTM0.4231.5008.7610.00[0.2 - 2]
debtRatioTTM0.0959-1.5008.40-10.00[0 - 0.6]
interestCoverageTTM11.951.0006.696.69[3 - 30]
operatingCashFlowPerShareTTM49.872.0010.0010.00[0 - 30]
freeCashFlowPerShareTTM30.732.0010.0010.00[0 - 20]
debtEquityRatioTTM2.45-1.5000.217-0.326[0 - 2.5]
grossProfitMarginTTM0.4861.0005.245.24[0.2 - 0.8]
operatingProfitMarginTTM0.3851.0004.314.31[0.1 - 0.6]
cashFlowToDebtRatioTTM2.921.00010.0010.00[0.2 - 2]
assetTurnoverTTM0.4720.800-0.184-0.147[0.5 - 2]
Total Score4.27

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM-3.111.000-0.4150[1 - 100]
returnOnEquityTTM-0.5212.50-4.43-10.00[0.1 - 1.5]
freeCashFlowPerShareTTM30.732.0010.0010.00[0 - 30]
dividendYielPercentageTTM10.721.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM49.872.0010.0010.00[0 - 30]
payoutRatioTTM-0.4441.500-4.444.44[0 - 1]
pegRatioTTM0.02911.500-3.140[0.5 - 2]
operatingCashFlowSalesRatioTTM0.5931.00010.000[0.1 - 0.5]
Total Score1.821

OKEA ASA

OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. It holds 44.56% interests in Draugen, 12% interests in Gjøa, 2.77% interests in Ivar Aasen, and 15% interests in Yme assets. The company was incorporated in 2015 and is headquartered in Trondheim, Norway.

About Live Signals

The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

The live trading signals are not definite, and getagraph.com hold no responsibility for any action taken upon these signals, as described in the Terms of Use. The signals are based on a wide range of technical analysis indicators