DNO ASA (DNO.OL)
Oslo, NO
DNO ASA operates as an upstream oil and gas company, primarily focused on the discovery, development, and production of hydrocarbon resources across its assets in the Middle East and the North Sea. A cornerstone of its operations is the Tawke field, located within Iraq's Kurdistan region. As of December 31, 2021, the company's proven reserves stood at 196.1 million barrels of oil equivalent (MMboe). Including probable reserves, this figure increased to 321.4 MMboe, with total proven, probable, and possible reserves reaching 420.6 MMboe. Established in 1971, DNO ASA maintains its corporate headquarters in Oslo, Norway.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.86% | +2.35% | -1.59% | +25.00% | +29.57% | +19.31% | +51.62% | +85.38% | +109.29% | +119.86% | +1,287.68% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 2 | 0 |
| Hold | 1 | +1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Oil & Gas Exploration & Production: +0.0%+127.6% ★ Q1'26: +234.4% (vs Q1'25)
-
EPS growth Oil & Gas Exploration & Production: +11.9%-78.4% Q1'26: +1,181.1% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%+1.3% ★ Q1'26: +30.5% (vs Q1'25)
-
EBIT margin Oil & Gas Exploration & Production: +22.0%+34.5% ★ Q1'26: +45.0% (vs Q1'25)
-
ROIC Oil & Gas Exploration & Production: +5.1%+14.0% ★ Q1'26: +31.4% (vs Q1'25)
-
Share dilution Oil & Gas Exploration & Production: +0.0%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×1.47× Q1'26: 0.79× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 4 Rev. Ana. 3 EPS Ana. |
Dec 2027 4 Rev. Ana. 3 EPS Ana. |
Dec 2028 4 Rev. Ana. 3 EPS Ana. |
Dec 2029 3 Rev. Ana. 1 EPS Ana. |
Dec 2030 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
346.84M
est: 351.01M (-1.2%)
|
508.99M
est: 464.51M (+9.6%)
|
487.86M
est: 480.16M (+1.6%)
|
452.00M
est: 559.72M (-19.2%)
|
187.40M
est: 201.90M (-7.2%)
|
201.80M
est: 216.55M (-6.8%)
|
347.40M
est: 345.30M (+0.6%)
|
829.30M
est: 684.81M (+21.1%)
|
971.30M
est: 964.98M (+0.7%)
|
614.90M
est: 604.43M (+1.7%)
|
1.00B
est: 959.79M (+4.6%)
|
1.38B
est: 1.38B (0.0%)
|
667.50M
est: 62.02M (+976.3%)
|
666.80M
est: 666.34M (+0.1%)
|
1.52B
est: 1.56B (-2.8%)
|
2.56B
2.32B – 2.70B
+64.0% YoY
|
2.54B
2.44B – 2.76B
-0.9% YoY
|
2.42B
2.26B – 2.59B
-4.7% YoY
|
2.50B
2.33B – 2.67B
+3.3% YoY
|
2.71B
2.53B – 2.90B
+8.5% YoY
|
| EBITDA |
269.95M
est: 6.13M (+4,301.9%)
|
364.70M
est: 336.39M (+8.4%)
|
348.10M
est: 329.13M (+5.8%)
|
-30.30M
est: 171.74M (-117.6%)
|
-96.40M
est: -20.89M (-361.6%)
|
95.40M
est: -163.69M (+158.3%)
|
617.60M
est: -11.26M (+5,586.5%)
|
628.70M
est: 374.47M (+67.9%)
|
515.10M
est: 775.58M (-33.6%)
|
298.90M
est: 116.69M (+156.1%)
|
500.30M
est: 147.48M (+239.2%)
|
992.00M
est: 178.16M (+456.8%)
|
359.70M
est: 35.46M (+914.3%)
|
327.10M
est: 395.58M (-17.3%)
|
927.00M
est: 893.01M (+3.8%)
|
1.46B
1.33B – 1.54B
+64.0% YoY
|
1.45B
1.39B – 1.58B
-0.9% YoY
|
1.38B
1.29B – 1.48B
-4.7% YoY
|
1.43B
1.33B – 1.53B
+3.3% YoY
|
1.55B
1.45B – 1.66B
+8.5% YoY
|
| EBIT |
142.47M
est: 33.22M (+328.9%)
|
254.30M
est: 155.36M (+63.7%)
|
66.70M
est: 251.91M (-73.5%)
|
-228.80M
est: 75.28M (-403.9%)
|
-206.90M
est: -94.37M (-119.3%)
|
6.10M
est: -231.09M (+102.6%)
|
511.50M
est: 9.95M (+5,039.9%)
|
368.60M
est: 152.71M (+141.4%)
|
41.30M
est: 536.90M (-92.3%)
|
-338.50M
est: 48.02M (-804.8%)
|
294.30M
est: 60.69M (+384.9%)
|
419.50M
est: 73.32M (+472.2%)
|
213.30M
est: 19.37M (+1,001.2%)
|
27.30M
est: 216.08M (-87.4%)
|
523.60M
est: 487.79M (+7.3%)
|
800.03M
725.30M – 842.10M
+64.0% YoY
|
793.21M
761.51M – 861.00M
-0.9% YoY
|
755.98M
705.60M – 808.19M
-4.7% YoY
|
781.06M
729.01M – 834.99M
+3.3% YoY
|
847.46M
790.99M – 905.98M
+8.5% YoY
|
| Net Income |
109.44M
est: -59.79M (+283.0%)
|
186.20M
est: 154.30M (+20.7%)
|
20.87M
est: 184.83M (-88.7%)
|
-226.10M
est: 26.44M (-955.1%)
|
-212.30M
est: -82.66M (-156.8%)
|
-35.30M
est: -235.87M (+85.0%)
|
495.00M
est: -57.75M (+957.1%)
|
354.30M
est: 905.24M (-60.9%)
|
73.50M
est: 504.57M (-85.4%)
|
-286.00M
est: 46.69M (-712.5%)
|
203.90M
est: 59.01M (+245.6%)
|
384.90M
est: 22.38M (+1,620.2%)
|
18.60M
est: 94.0K (+19,691.2%)
|
-27.10M
est: 101.49M (-126.7%)
|
-25.20M
est: 72.10M (-134.9%)
|
391.30M
306.57M – 476.02M
+442.7% YoY
|
434.22M
344.26M – 524.17M
+11.0% YoY
|
367.70M
302.04M – 433.36M
-15.3% YoY
|
429.26M
392.08M – 467.80M
+16.7% YoY
|
468.59M
428.00M – 510.66M
+9.2% YoY
|
| SGA |
40.88M
est: 85.99M (-52.5%)
|
19.61M
est: 26.47M (-25.9%)
|
22.64M
est: 18.19M (+24.5%)
|
21.70M
est: 17.38M (+24.8%)
|
37.40M
est: 25.82M (+44.8%)
|
31.00M
est: 21.10M (+46.9%)
|
23.10M
est: 50.57M (-54.3%)
|
28.70M
est: 60.70M (-52.7%)
|
36.60M
est: 52.27M (-30.0%)
|
38.90M
est: 16.58M (+134.6%)
|
42.30M
est: 20.95M (+101.9%)
|
32.50M
est: 25.31M (+28.4%)
|
23.30M
est: 2.08M (+1,018.8%)
|
23.50M
est: 23.23M (+1.2%)
|
48.60M
est: 52.45M (-7.3%)
|
86.02M
77.98M – 90.54M
+64.0% YoY
|
85.28M
81.88M – 92.57M
-0.9% YoY
|
81.28M
75.87M – 86.89M
-4.7% YoY
|
83.98M
78.38M – 89.78M
+3.3% YoY
|
91.12M
85.05M – 97.41M
+8.5% YoY
|
| EPS |
0.12
est: 0.02 (+600.0%)
|
0.18
est: 0.03 (+614.7%)
|
0.03
est: 0.03 (+3.5%)
|
-0.22
est: 0.02 (-1,380.3%)
|
-0.20
est: -0.11 (-75.9%)
|
-0.03
est: 0.00 (-819.6%)
|
0.47
est: 0.03 (+1,252.3%)
|
0.34
est: 0.18 (+90.3%)
|
0.07
est: 0.14 (-48.4%)
|
-0.29
est: -0.15 (-90.1%)
|
0.21
est: 0.30 (-30.1%)
|
0.39
est: 0.47 (-17.7%)
|
0.02
est: 0.00 (+19,623.8%)
|
-0.03
est: 0.10 (-128.9%)
|
-0.05
est: 0.08 (-164.1%)
|
0.37
0.31 – 0.49
+381.7% YoY
|
0.42
0.35 – 0.54
+13.6% YoY
|
0.38
0.31 – 0.44
-10.8% YoY
|
0.44
0.40 – 0.48
+16.7% YoY
|
0.48
0.44 – 0.52
+9.2% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B- | 3/5 | 5/5 | 2/5 | 3/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-07 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-06 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-05 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-05-04 | C+ | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-30 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-29 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-28 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-27 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-24 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-23 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-22 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 4/5 |
| 2026-04-21 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-20 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-17 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-16 | C+ | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X - SuperDividend ETF SDIV | 1.06% | 12.79M | 0.58% |
| 2 | Global X Superdividend UCITS ETF USD SDIP.L | 1.05% | 9.50M | 0.45% |
| 3 | Cambria Foreign Shareholder Yield ETF FYLD | 0.98% | 6.49M | 0.59% |
| 4 | Vident International Equity Strategy ETF VIDI | 0.53% | 2.07M | 0.61% |
| 5 | Global X - MSCI Norway ETF NORW | 0.35% | 305.1K | 0.50% |
| 6 | iShares MSCI Norway ETF ENOR | 0.35% | 324.8K | 0.53% |
| 7 | iShares Oil & Gas Exploration & Production UCITS ETF IOGP.L | 0.21% | 863.8K | 0.55% |
| 8 | iShares International Developed Small Cap Value Factor ETF ISVL | 0.19% | 611.8K | 0.31% |
| 9 | Lazard International Dynamic Equity ETF IDEQ | 0.17% | 2.26M | 0.40% |
| 10 | iShares International Small-Cap Equity Factor ETF ISCF | 0.12% | 800.9K | 0.24% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Bijan Mossavar-Rahmani | Executive Chairman | 13M | male |
| Christopher Spencer | Managing Director | 9M | male |
| Sameh Hanna | General Manager of Kurdistan Region of Iraq | 8M | male |
| Erlend Einum | Chief Business Development Officer | 6M | male |
| Tonje Pareli Gormley | General Counsel of Middle East | 6M | female |
| Linn Hoel | Chief Commercial Officer | 5M | female |
| Geir Arne Skau | Chief Human Resources & Corporate Services Officer | 5M | male |
| Birgitte Wendelbo Johansen | Chief Financial Officer | 4M | female |
| Erling Moen Synnes | Chief Information Officer | 4M | male |
| Wieske Paulissen | Group Head of Exploration & Subsurface | 4M | — |
| Halvor Engebretsen | Managing Director DNO Norge AS | 3M | male |
| Kjersti Kaurin | Corporate Counsel & Secretary | 3M | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for DNO.OL
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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