Financials PetroNor E&P ASA

Equities

PNOR

NO0012942525

Oil & Gas Exploration and Production

Market Closed - Oslo Bors 08:15:00 08/05/2024 pm IST 5-day change 1st Jan Change
10.6 NOK 0.00% Intraday chart for PetroNor E&P ASA +10.19% +30.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 112.4 143.1 131.8 110 114.1
Enterprise Value (EV) 1 97.48 148.1 113.2 96.63 73.38
P/E ratio -9.87 x 61.4 x 9.37 x 3.94 x 1.68 x
Yield - - - - -
Capitalization / Revenue 1.09 x 2.12 x 1.24 x 0.75 x 0.61 x
EV / Revenue 0.95 x 2.19 x 1.06 x 0.66 x 0.39 x
EV / EBITDA 3.28 x 4.28 x 1.83 x 1 x 0.6 x
EV / FCF 1.8 x 8.27 x 5.77 x 6.21 x 5.47 x
FCF Yield 55.7% 12.1% 17.3% 16.1% 18.3%
Price to Book 17.3 x 18.1 x 2.22 x 1.13 x 0.69 x
Nbr of stocks (in thousands) 97,167 97,167 1,32,699 1,42,357 1,42,357
Reference price 2 1.157 1.473 0.9935 0.7726 0.8017
Announcement Date 06/05/20 30/04/21 06/05/22 28/04/23 25/04/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 85.81 102.8 67.54 106.5 146.1 187.3
EBITDA 1 54.98 29.72 34.6 61.76 96.66 121.8
EBIT 1 50.95 25.52 29.19 56.35 86.67 102.1
Operating Margin 59.37% 24.83% 43.21% 52.93% 59.33% 54.49%
Earnings before Tax (EBT) 1 48.24 24.13 28.23 54.25 81.85 100.9
Net income 1 7.864 -13.36 2.373 12.31 26.89 67.83
Net margin 9.16% -13.01% 3.51% 11.57% 18.41% 36.21%
EPS - -0.1172 0.0240 0.1060 0.1959 0.4761
Free Cash Flow 1 7.955 54.26 17.91 19.64 15.56 13.41
FCF margin 9.27% 52.8% 26.52% 18.44% 10.65% 7.16%
FCF Conversion (EBITDA) 14.47% 182.57% 51.78% 31.79% 16.09% 11.01%
FCF Conversion (Net income) 101.16% - 754.88% 159.47% 57.86% 19.77%
Dividend per Share - - - - - -
Announcement Date 29/03/19 06/05/20 30/04/21 06/05/22 28/04/23 25/04/24
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 5.02 - - -
Net Cash position 1 0.84 15 - 18.6 13.4 40.7
Leverage (Debt/EBITDA) - - 0.1452 x - - -
Free Cash Flow 1 7.96 54.3 17.9 19.6 15.6 13.4
ROE (net income / shareholders' equity) 89.2% -24.1% 51.2% 48% 39% 41.2%
ROA (Net income/ Total Assets) 69.5% 22.8% 22.5% 34.5% 35% 30.1%
Assets 1 11.32 -58.67 10.55 35.71 76.87 225.4
Book Value Per Share - 0.0700 0.0800 0.4500 0.6900 1.170
Cash Flow per Share - 0.2900 0.1500 0.2400 0.1700 0.3200
Capex 1 4.04 12.5 4.62 19.8 35.8 38.3
Capex / Sales 4.7% 12.13% 6.83% 18.56% 24.48% 20.42%
Announcement Date 29/03/19 06/05/20 30/04/21 06/05/22 28/04/23 25/04/24
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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