Added to YB: 2026-10-14
Pitch date: 2026-10-11
DNO.OL [bullish]
DNO ASA
+10.56%
current return
Author Info
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Company Info
DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa.
Market Cap
NOK 2.0B
Pitch Price
NOK 19.32
Price Target
N/A
Dividend
7.67%
EV/EBITDA
1.63
P/E
25.98
EV/Sales
1.07
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Five Reasons DNO Looks Like a Strong Buy Ahead of Q3 - DNO ASA
DNO.OL (preview): DNO’s North Sea business delivered record Q2 revenue despite no Kurdistan oil sales, demonstrating it can carry the company through regional disruption; Tawke and Peshkabir production has since restarted. Elevated European gas prices and premiums for accessible North Sea crude support the outlook, though indicative Q3 Dated Brent averaged ~7% below Q2 and October’s strength principally benefits Q4. The trading update and 29 October results should clarify realised pricing and cash conversion.
Read full article (2 min)