Risk factor
Meaningful price volatility
Profitability factor
Undervalued vs peers
About
OKEA ASA is an energy company operating on the Norwegian continental shelf, primarily engaged in the exploration, development, and production of oil and gas. The company holds substantial participating interests in several key assets, including a 44.56% stake in Draugen, 12% in Gjøa, 2.77% in Ivar Aasen, and 15% in Yme. Founded in 2015, its corporate headquarters are located in Trondheim, Norway.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBITDA, undervalued on P/FCF.
Target Price
The average target price of OKEA.OL is 47.8 and suggests 16.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i