Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 9.27 NOK
Change Today -0.52 / -5.31%
Volume 6.9M
DNO On Other Exchanges
Symbol
Exchange
Oslo
OTC US
Stockholm
Frankfurt
As of 10:25 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

dno asa (DNO) Snapshot

Open
9.80 NOK
Previous Close
9.79 NOK
Day High
9.80 NOK
Day Low
9.21 NOK
52 Week High
07/7/14 - 24.10 NOK
52 Week Low
07/7/15 - 9.21 NOK
Market Cap
10.0B
Average Volume 10 Days
4.2M
EPS TTM
-0.28 NOK
Shares Outstanding
1.1B
EX-Date
05/9/06
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DNO ASA (DNO)

Related News

No related news articles were found.

dno asa (DNO) Related Businessweek News

View More BusinessWeek News

dno asa (DNO) Details

DNO ASA, an exploration and production company, acquires, explores for, develops, and operates oil and gas properties primarily in the Middle East and North Africa. The company holds stakes in 20 blocks in various stages of exploration, development, and production both onshore and offshore in the Kurdistan region of Iraq, the Republic of Yemen, the Sultanate of Oman, the United Arab Emirates, the Tunisian Republic, and Somaliland. It primarily holds interest in the Tawke field project located in the Kurdistan region of Iraq. As of December 31, 2014, the company’s proven and probable reserves consisted of 483.6 million barrels of oil equivalent comprising 480.5 million barrels of condensate and other liquids; and 17.5 billion cubic feet of natural gas. DNO ASA was founded in 1971 and is headquartered in Oslo, Norway.

1,107 Employees
Last Reported Date: 03/20/15
Founded in 1971

dno asa (DNO) Top Compensated Officers

Managing Director
Total Annual Compensation: $870.0K
Chief Financial Officer and Vice President
Total Annual Compensation: $430.0K
General Counsel
Total Annual Compensation: $90.0K
Director of Human Resources
Total Annual Compensation: $450.0K
Vice President of Operations
Total Annual Compensation: $520.0K
Compensation as of Fiscal Year 2014.

dno asa (DNO) Key Developments

DNO ASA Announces Contemplated Bond Issue

DNO ASA announced that it is contemplating the issuance of USD 400-500 million of new, five-year senior unsecured bonds. The net proceeds from the contemplated bond issue would be used to refinance existing bonds, fund field development costs or for other general corporate purposes.

DNO ASA Announces Operating and Capital Expenditure Results for First Quarter 2015; Provides Capital Expenditure Guidance for the Fiscal 2015; Announces Operating Update at Tawke Field in the Kurdistan Region

DNO ASA announced operating results for first quarter 2015. The company reported doubling of capacity at its Tawke field in the Kurdistan region of Iraq to 200,000 barrels of oil per day (bopd). The 200,000 bopd wellhead, processing and pipeline capacity milestone was reached in less than two years with 10 new horizontal wells and the construction of two early production facilities with combined capacity of 80,000 bopd and the installation of a new 44-kilometer, 24-inch pipeline. The company hit a new Tawke daily production record of 156,379 barrels of oil and will ramp up output in the coming weeks by continuing to commission facilities and open wells. The company reported overall output from Tawke during the first quarter averaged 104,925 bopd, including 90,172 bopd delivered for export, 8,679 bopd sold into the local market and the balance used in the Tawke refinery. Recent contracts have raised local sales from Tawke to 20,000 bopd. Weak local sales in Kurdistan in the first quarter and low oil prices led to reduced revenues of USD 26 million. Write-downs of USD 27 million in Yemen following suspension of production from the DNO-operated Block 32 and Block 43 due to a rapid deterioration in the country's security conditions contributed to an operating loss of USD 69 million in the quarter. The company ended the first quarter with USD 204 million in cash and USD 28 million in marketable securities. DNO's gross production in the first quarter from Kurdistan, Yemen and Oman stood at 121,026 barrels of oil equivalent per day (boepd), of which company working interest production stood at 72,873 boepd. Capital expenditures announces USD 35 million was spent in the first quarter of 2015. Capital expenditures in 2015 have been reduced to a projected USD 100 million, of which USD 35 million was spent in the first quarter.

DNO ASA Reports Production Results for the First Quarter of 2015

DNO ASA reported production results for the first quarter of 2015. Overall output from Tawke during the first quarter averaged 104,925 bopd, including 90,172 bopd delivered for export, 8,679 bopd sold into the local market and the balance used in the Tawke refinery. Recent contracts have raised local sales from Tawke to 20,000 bopd. DNO's gross production in the first quarter from Kurdistan, Yemen and Oman stood at 121,026 barrels of oil equivalent per day (boepd), of which company working interest production stood at 72,873 boepd. Capital expenditures in 2015 have been reduced to a projected USD 100 million, of which USD 35 million was spent in the first quarter.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DNO:NO 9.27 NOK -0.52

DNO Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bankers Petroleum Ltd C$2.62 CAD 0.00
Dana Gas PJSC 0.55 AED -0.02
Det Norske Oljeselskap ASA 53.50 NOK -1.50
Etablissements Maurel et Prom €6.08 EUR -0.342
Soco International PLC 164.75 GBp -8.00
View Industry Companies
 

Industry Analysis

DNO

Industry Average

Valuation DNO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.6x
Price/Book 2.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DNO ASA, please visit www.dno.no. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.