Noreco
2005
FOUNDED
PUBLIC
STATUS
11-20
EMPLOYEES
NOR
STOCK SYMBOL
5
INVESTMENTS
$23.24
SHARE PRICE
(As of Monday Closing)
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.
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
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $22.11 - $35.67 | $571M | $23.71 | -$2.85 | 9.4K | 24.5M |
Noreco Financials Summary
|
In Thousands,
USD |
TTM
30-Jun-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 282,445 | 198,156 | 303,847 | 255,099 |
| Revenue | 2,711 | 1,965 | 1,209 | 1,309 |
| EBITDA | (16,504) | (15,227) | (54,538) | (4,402) |
| Net Income | (20,512) | (17,560) | (38,213) | 34,499 |
| Total Assets | 121,633 | 124,191 | 111,916 | 187,402 |
| Total Debt | 58,590 | 54,176 | 18,876 | 61,310 |
Public Fundamental Data provided by Morningstar, Inc.
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Noreco Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookNoreco Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000000 0&0 | 30-May-2019 | 00000 0000000 | Energy Production | ||
| 00000 00000 00000 | 08-Nov-2018 | 000000000000000000 | 00.00 | Energy Production | 00000 000000 |
| 00000000 000 00000 | 19-Jun-2008 | 000000000000000000 | 0000 | Energy Exploration | 00000 0000 |
| 0000000 | 29-Aug-2007 | 000000000 | 00000 | Energy Exploration | 00000 0000 |
| Noreco (licences PL006C and PL006D) | 01-Jan-2006 | Secondary Transaction - Private | Energy Exploration |
Noreco Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 00000000 0&0 | 30-May-2019 | 00000 0000000 | Completed |
|
Noreco Investors
| Investor Name | Investor Type | Holding | Participating Rounds | Investor Since | Board Seat | Contact Info |
|---|
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Request full access to PitchBookNoreco Executive Team (9)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Sjur Talstad | Chief Operating Officer | ||
| Frederik Rustad | Managing Director | ||
| Riulf Rustad | Executive Chairman | ||
| Olav Haugland | Chief Financial Officer |
5 Former Executives
You’re viewing 4 of 9 executives. Get the full list »Noreco Board Members (13)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 0000 000000 | Noreco | Board Member | 000 0000 | |
| 0000 0000000 | Noreco | Board Member | 000 0000 | |
| 00000000 000 | Noreco | Board Member | 000 0000 | |
| 00000 000000 | Noreco | Executive Chairman | 000 0000 | |
| 0000 0000000 000000 | Noreco | Board Member | 000 0000 |
8 Former Board Members
You’re viewing 5 of 13 board members. Get the full list »