OKEA is a Norwegian oil and gas producer and operator focused on the Norwegian continental shelf, with a core strategy of maximising value from mid- and late-life fields. Its portfolio is concentrated in the North Sea and Norwegian Sea and includes operated assets such as Draugen and Brage. The company specialises in acquiring mature producing assets that larger peers divest, then extending field life through operational improvement and selective investment.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q4 2024 | 198.2 | — | 6.2 | — |
| Q1 2025 | 266.4 | — | 21.3 | — |
| Q2 2025 | 196.1 | — | -21 | — |
| Q4 2025 | 102.8 | -48.1% | -17.7 | -386.8% |
| Q1 2026 | 263.8 | -1% | 36.4 | 70.6% |
| Q2 2026 | 313.1 | 59.7% | 14.1 | — |
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Other companies on Oslo: ABG Sundal Collier Holding ASA (ABG), Nel ASA (NEL), General Oceans ASA (GENO), Bohus ASA (BOHUS), Akastor ASA (AKAST), Circio Holding ASA (CRNA)