Noreco Overview

  • Founded
  • 2005

Founded
  • Status
  • Public

  • Employees
  • 30

Employees
  • Stock Symbol
  • NOR

Stock Symbol
  • Investments
  • 5

  • Share Price
  • $41.18

  • (As of Friday Closing)

Noreco General Information

Description

Norwegian Energy Co ASA is an independent Norwegian oil company. It is engaged in the exploration, development, and production of oil, gas, and natural gas liquids in northwest Europe. Geographically it operates through the region of Norway, Denmark, and the United Kingdom.

Contact Information

Website
www.noreco.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Energy Production
Other Industries
Energy Exploration
Stock Exchange
OSL
Primary Office
  • Nedre Vollgate 1
  • 0158 Oslo
  • Norway
+47 22 00 00 00

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Noreco Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$41.18 $40.61 $18.16 - $49.87 $1.07B 26M 25K $5.40

Noreco Financials Summary

In Thousands,
USD
TTM 30-Sep-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 1,765,277 1,441,832 1,125,645 1,397,677
Revenue 389,900 565,000 567,000 333,000
EBITDA 41,300 212,000 259,000 (51,000)
Net Income 27,900 (53,000) 17,000 215,000
Total Assets 3,212,100 3,090,000 2,962,000 2,935,000
Total Debt 1,081,700 1,179,000 1,019,000 983,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Noreco Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Noreco Executive Team (13)

Name Title Board Seat Contact Info
Euan Shirlaw Chief Executive Officer, Group Chief Financial Officer & Acting Managing Director
Marianne Eide Chief Operating Officer
Frederik Rustad Managing Director
Cathrine Torgersen Executive Vice President, Investor Relations & Communications
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Noreco Board Members (14)

Name Representing Role Since
0000 000000 Noreco Board Member 000 0000
00000 000000 Noreco Chairman & Board Member 000 0000
000000 0000000 Self Board Member 000 0000
0000 0000000 00000 Noreco Board Member 000 0000
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Noreco Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Noreco Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Noreco Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 0 31-Jul-2019 0000000000 00.000 Energy Production 00000 000
00000000 0&0 01-Jan-2017 00000 0000 00000 Energy Production
00000000 000 19-Jun-2008 0000000000 0000 Energy Exploration 00000 000
0000000 29-Aug-2007 000000000 00000 Energy Exploration 00000 000
Noreco (licences PL006C and PL006D) 01-Jan-2006 Secondary Transaction - Private Other Energy
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Noreco ESG

Risk Overview

Risk Rating

Updated January, 21, 2023

50.57 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,638

Rank

00.00

Percentile

Oil & Gas Producers

Industry

00 of 271

Rank

00.00

Percentile

Oil & Gas Exploration and Production

Subindustry

00 of 158

Rank

00.00

Percentile

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Noreco Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 0&0 01-Jan-2017 00000 0000000 00000 Completed
  • 000000
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