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OET

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1d
1w
1m

Analysis and statistics

  • Open
    276.2424$
  • Previous Close
    279.7437$
  • 52 Week Change
    171.40$
  • Day Range
    -3.50$
  • 52 Week High/Low
    177.6375$ - 349.0422$
  • Dividend Per Share
    0.0052
  • Market cap
    8 628 M$
  • EPS
    0.83
  • Beta
    -0.069
  • Volume
    --

About

OET.OL represents shares of Okea ASA, a Norwegian oil and gas company listed on the Oslo Stock Exchange (OL). Okea focuses on developing discoveries and producing oil and gas on the Norwegian Continental Shelf, aiming to create value through efficient operations and targeted acquisitions. The company has a portfolio of producing assets and development projects, primarily in the North Sea.
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Factors

Company Performance: OET.OL's financial health, revenue growth, profitability, and debt levels directly influence investor confidence and stock price. Industry Trends: Overall performance and growth prospects of the oil and gas technology sector impact OET.OL's valuation as it is a participant in that industry. Macroeconomic Factors: Economic indicators like GDP growth, inflation, interest rates, and currency exchange rates affect the overall investment climate and impact OET.OL. Oil Prices: Fluctuations in global oil prices significantly influence demand for oilfield services and technologies, thus affecting OET.OL's revenue and stock price. Technological Innovation: Development and adoption of new technologies in the oil and gas industry can either benefit or hinder OET.OL's competitive position and stock value. Regulatory Environment: Government regulations related to oil and gas exploration, production, and environmental standards impact OET.OL's operational costs and market access. Investor Sentiment: Market psychology, news reports, and analyst ratings can drive short-term price fluctuations in OET.OL stock, regardless of fundamental value.

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