Bloomberg the Company & Products

Bloomberg Anywhere Login


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 4.67 NOK
Change Today -0.12 / -2.51%
Volume 475.6K
KVAER On Other Exchanges
As of 6:08 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

kvaerner asa (KVAER) Snapshot

4.76 NOK
Previous Close
4.79 NOK
Day High
4.76 NOK
Day Low
4.62 NOK
52 Week High
07/7/14 - 12.70 NOK
52 Week Low
07/7/15 - 4.62 NOK
Market Cap
Average Volume 10 Days
0.10 NOK
Shares Outstanding
1.31 NOK
Dividend Yield
Current Stock Chart for KVAERNER ASA (KVAER)

Related News

No related news articles were found.

kvaerner asa (KVAER) Related Businessweek News

No Related Businessweek News Found

kvaerner asa (KVAER) Details

Kværner ASA provides engineering, procurement, and construction services for offshore platforms and onshore plants of oil and gas operators in Norway, Europe, Canada, and internationally. It offers oil and gas steel substructures, steel jackets for offshore platforms, and welding and pipe forming technology; and topsides facilities designed and built for installation on steel jackets and concrete gravity base structures, as well as on various types of floating units. The company is also involved in the design, construction, and installation of marine concrete structures for the upstream oil and gas industry, which includes concrete substructures for offshore platforms; concrete gravity base structures for liquefied natural gas production and receiving terminals; concept development and front-end engineering and design; engineering and construction management; site construction; and marine operations. In addition, it engages in the project management, design, engineering, procurement, and construction of onshore oil and gas projects; and decommissioning of offshore oil and gas installations. Further, the company is involved in the cold forming, prefabrication, and welding of pipes comprising risers, riser tools and special riser joints, riser and tools refurbishment, subsea flow loops and flow control modules, modular process/system skids, high pressure manifolds, piping spools production, and minor steel and aluminum structures, as well as modification and maintenance services. Kværner ASA was incorporated in 2011 and is headquartered in Oslo, Norway.

2,920 Employees
Last Reported Date: 05/8/15
Founded in 2011

kvaerner asa (KVAER) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: 6.9M NOK
Chief Financial Officer and Executive Preside...
Total Annual Compensation: 4.1M NOK
Executive Vice President of Americas
Total Annual Compensation: 7.5M NOK
Executive Vice President of International Pro...
Total Annual Compensation: 6.9M NOK
Executive Vice President of Jackets Business
Total Annual Compensation: 4.3M NOK
Compensation as of Fiscal Year 2014.

kvaerner asa (KVAER) Key Developments

Kværner ASA and KBR, Inc. Joint Venture Wins Johan Sverdrup Platform Contract

Kvaerner in a joint venture with KBR has signed a contract with Statoil for the complete delivery of the platform topside to the Johan Sverdrup field development. The agreement to deliver the deck for the utility and living quarter (ULQ) platform comes after a tough international competition, where Kvaerner-KBR presented the best overall bid. The agreement has an estimated total value for the Kvaerner- KBR partnership of approximately NOK 6.7 billion. Kvaerner-KBR joint venture will execute the engineering, procurement and construction (EPC) for the ULQ topside as one complete delivery. The agreement also includes an option for commissioning assistance and offshore hook-up for the platform. As part of a strategic development, Kvaerner has reduced costs and increased productivity throughout its businesses. The improvements include changes to its cost base and work processes, as well as a more effective cooperation with partners and subcontractors. The new contract is a result of these efforts. Through the preparations for the Johan Sverdrup bid, Kvaerner and KBR have established a model which leverages the compatible expertise in the joint venture. The partners will therefore continue to also pursue other future prospects, through a strategic relationship.

Kværner ASA Announces Earnings Results for the First Quarter of 2015

Kværner ASA announced earnings results for the first quarter of 2015. Operating revenues were to NOK 3,525 million in the first quarter 2015 compared to NOK 3,489 million for the first quarter 2014. While the Edvard Grieg platform project got closer to the final phases during the quarter, the large Nyhamna onshore plant project climbed to a peaking activity level. As indicated in fourth quarter, Earnings before Interest, Taxes, Depreciation and Amortisation (EBITDA) and EBITDA margins has decreased in first quarter 2015 compared to previous periods. EBITDA for the quarter were NOK 101 million, compared to NOK 170 million in the same period last year.

Kværner ASA, Q1 2015 Earnings Call, May 08, 2015

Kværner ASA, Q1 2015 Earnings Call, May 08, 2015


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KVAER:NO 4.67 NOK -0.12

KVAER Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for KVAER.
View Industry Companies

Industry Analysis


Industry Average

Valuation KVAER Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.5x
Price/Cash Flow 17.1x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KVAERNER ASA, please visit 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