DNO DNO ASA Class A

Invitation to First Quarter 2019 Results and Capital Markets Day Presentation

Invitation to First Quarter 2019 Results and Capital Markets Day Presentation

Oslo, 24 April 2019 – DNO ASA, the Norwegian oil and gas operator, will release its first quarter 2019 interim results to the Oslo Stock Exchange at 8:00 am Oslo time on 8 May 2019.

A management presentation will follow at the Grand Hotel Oslo at Karl Johans gate 31 at 10:00 am. A live webcast will be available on and an archived version of the webcast will be posted on the Company’s website.

Following the webcast, additional management presentations will be made as part of the Capital Markets Day from 11:00 am – 12:30 pm at the same location.

To confirm your attendance at the Capital Markets Day portion, please submit your RSVP via email to by 6 May 2019.

--

For further information, please contact:

Media:

Investors:

Tel:

--

DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, United Kingdom, Netherlands, Ireland and Yemen.

--

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

EN
24/04/2019

Underlying

DNODNO ASA Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DNO ASA Class A

Steffen Evjen
  • Steffen Evjen
Free Trial
DETNOR AKER BP ASA
EQNR EQUINOR ASA ... (+8)

Weekly news, topics & discussion

This week, Equinor, Aker BP and Vår Energi released their Q1 results. In short: Equinor reported on the strong side, with a solid FCF beat fuelled by a working capital tailwind. Aker BP had a solid Q1 all around, while there was limited new news on Johan Sverdrup. For Vår Energi, with the results in line with our expectations, we believe investor focus remains on the Jotun FPSO sail-away.

DETNOR AKER BP ASA
EQNR EQUINOR ASA
NOR NORWEGIAN ENERGY CO. ASA
PEN PANORO ENERGY ASA
DNO DNO ASA CLASS A
OKEA OKEA
BWE BW ENERGY
VAR VÅR ENERGI
9h / 27m 9h / 27m 1 EN
Steffen Evjen
  • Steffen Evjen
Free Trial
DETNOR AKER BP ASA
EQNR EQUINOR ASA ... (+8)

Solid NCS production in March

The preliminary Norwegian Offshore Directorate (NOD) production figures for the NCS in March showed strong liquids production of 2,086kboed (~4% above forecast) and gas production of 365mcm/d (broadly in line). Overall production was up 2.7% MOM. On a company level, production was down MOM for most names in February; Aker BP and Equinor were hit by reduced production from Johan Sverdrup, while Vår Energi was hampered by downtime at Fenja.

DETNOR AKER BP ASA
EQNR EQUINOR ASA
NOR NORWEGIAN ENERGY CO. ASA
PEN PANORO ENERGY ASA
DNO DNO ASA CLASS A
OKEA OKEA
BWE BW ENERGY
VAR VÅR ENERGI
04/19/24 April 19, 2024 1 EN
Steffen Evjen
  • Steffen Evjen
Free Trial
DETNOR AKER BP ASA
EQNR EQUINOR ASA ... (+8)

Weekly news, topics & discussion

This week, we published a Q1 preview on Equinor. We believe its share price upswing since its CMU is mainly attributable to strong performance by its peer group. The stock is trading at a 15% premium to peers, in line with its historical average. In other news, Vår Energi reported Q1 production in line with our estimates, with realised prices slightly above. We expect focus in the full Q1 report (due on 23 April) to be on Balder X and Johan Castberg. Also, according to news sources, Equinor’s ch...

DETNOR AKER BP ASA
EQNR EQUINOR ASA
NOR NORWEGIAN ENERGY CO. ASA
PEN PANORO ENERGY ASA
DNO DNO ASA CLASS A
OKEA OKEA
BWE BW ENERGY
VAR VÅR ENERGI
04/19/24 April 19, 2024 1 EN
Steffen Evjen
  • Steffen Evjen
Free Trial
DETNOR AKER BP ASA
EQNR EQUINOR ASA ... (+8)

Valuation update

In this note, we show updated valuation statistics for the E&P sector.

DETNOR AKER BP ASA
EQNR EQUINOR ASA
NOR NORWEGIAN ENERGY CO. ASA
PEN PANORO ENERGY ASA
DNO DNO ASA CLASS A
OKEA OKEA
BWE BW ENERGY
VAR VÅR ENERGI
04/16/24 April 16, 2024 1 EN
Steffen Evjen
  • Steffen Evjen
Free Trial
DETNOR AKER BP ASA
EQNR EQUINOR ASA ... (+8)

Weekly news, topics & discussion

This week, Equinor, Vår Energi and Aker BP reported their Q1 trading updates ahead of their full quarterly results later this month. Equinor’s update contained little incremental information for the quarter, Vår Energi reported net production of 300kboed (in line with our estimate, whereas realised prices were slightly above), and we find Aker BP’s update supportive of our 2024 above-guidance production estimate.

DETNOR AKER BP ASA
EQNR EQUINOR ASA
NOR NORWEGIAN ENERGY CO. ASA
PEN PANORO ENERGY ASA
DNO DNO ASA CLASS A
OKEA OKEA
BWE BW ENERGY
VAR VÅR ENERGI
04/12/24 April 12, 2024 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch