Live China retaliated to President Trump's tariffs with 34% duties on US goods. See the latest. Oslo - Delayed Quote • NOK DNO ASA (DNO.OL) Follow Compare 12.02 -0.86 (-6.68%) As of 2:18:29 PM GMT+2. Market Open. All News Press Releases SEC Filings DNO Releases 2024 Annual Report and Accounts Oslo, 3 April 2025 – DNO ASA, the Norwegian oil and gas operator, today released its 2024 Annual Report and Accounts together with its Remuneration Report and Annual Statement of Reserves and Resources. The reports are attached as downloadable files and also available on the Company's website www.dno.no. – For further information, please contact:Media: media@dno.noInvestors: investor.relations@dno.no – DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West 3 European Stocks Estimated To Be Trading At Up To 46.9% Below Intrinsic Value As European markets recently faced a downturn, with the STOXX Europe 600 Index declining by 1.4% due to new U.S. trade tariffs, investors are increasingly seeking opportunities amidst economic uncertainty and fluctuating indices. In this environment, identifying undervalued stocks—those trading below their intrinsic value—can present potential investment opportunities for those looking to navigate the current market challenges effectively. Mandatory Notification of Trade Please refer to the attached forms of notification of transactions by primary insiders under the DNO ASA Employee Synthetic Share Program. This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachments Form of Notification Award of synthetic shares Erlend Wollan Einum March 2025 Form of Notification Award of synthetic shares Linn Hoel March 2025 Form of Notification Award of synthetic shares Haakon Sandborg March 2025 Form of No Key Information Relating to Full Redemption of Bond DNO04 Issuer: DNO ASA ISIN of bond loan: NO0011088593 Original maturity date: 9 September 2026 New maturity date: 10 April 2025 Redemption price: 102.3625% (plus accrued but unpaid interests) Record date: 8 April 2025 – For further information, please contact:Media: media@dno.noInvestors: investor.relations@dno.no – DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in ons DNO Bags Kjøttkake with a Bang Oslo, 26 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40 percent operated interest. The discovery was made in Paleocene injectite sandstones of excellent reservoir quality with preliminary estimates of gross recoverable resources in the range of 39 to 75 million barrels of oil equivalent (MMboe), with a mean of 55 MMboe. The Kjøttkake exploration well encountered a European Growth Companies With High Insider Ownership In March 2025 As of March 2025, the European market has shown resilience with the pan-European STOXX Europe 600 Index ending higher, despite ongoing concerns about U.S. tariffs and mixed performances among major stock indexes. Against this backdrop of cautious optimism and strategic central bank policies, growth companies with high insider ownership can be particularly appealing to investors seeking stability and alignment of interests in uncertain times. DNO Completes USD 600 Million Bond Placement 14 March 2025 – DNO ASA, the Norwegian oil and gas operator, today completed the private placement of USD 600 million of new five-year senior unsecured bonds with a coupon rate of 8.5 percent. The bond placement met strong investor demand across US, Nordic and international markets and was significantly oversubscribed. “With this issue, we extend our flawless record to 20 successful bond placements over the past 24 years, with no waivers, no amendments and certainly no defaults,” said DNO’s Exec DNO to Hold Fixed Income Investor Meetings 11 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced it has engaged DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS as Global Coordinators and Joint Bookrunners, to arrange fixed income investor meetings. Clarksons Securities AS, Fearnley Securities AS and SpareBank 1 Markets AS have been retained as Co-Lead Managers. Subject to inter alia market conditions and acceptable terms, a new senior unsecured bond issue with a tenor of five years may follow. The con DNO to Acquire Sval Energi in Transformative Transaction; Quadruples North Sea Output Oslo, 7 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced it has reached agreement to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion. The Sval Energi assets are complementary to DNO’s North Sea portfolio and will add scale and diversification to solidify the Company’s position as a leading listed European independent oil and gas company. The acquisition DNO Participates in Mistral Discovery; Eyes Quick Tieback Oslo, 5 March 2025 – DNO ASA, the Norwegian oil and gas operator, today confirmed a gas/condensate discovery on the Mistral prospect in the Norwegian Sea license PL1119 in which the Company’s wholly-owned subsidiary DNO Norge AS recently acquired a 10 percent interest. The well encountered a 45-meter hydrocarbon column with good reservoir properties in the Garn Formation. Preliminary estimates of gross recoverable resources encountered are in the range of 19-44 million barrels of oil equivalent. 3 Growth Companies With Insider Ownership Up To 16% In a week marked by geopolitical tensions and consumer spending concerns, global markets experienced volatility, with major indexes like the S&P 500 seeing sharp declines after initial gains. As investors navigate these uncertain times, identifying growth companies with high insider ownership can be an appealing strategy, as such ownership often signals confidence from those closest to the company's operations and future prospects. 3 Stocks Estimated To Be Trading Below Fair Value In February 2025 As global markets continue to navigate the complexities of rising inflation and shifting trade policies, U.S. stock indexes are nearing record highs with growth stocks leading the charge. In such a dynamic environment, identifying undervalued stocks can be particularly appealing for investors seeking opportunities that may offer potential value relative to their current market price. DNO Shares Traded Ex-Dividend Oslo, 13 February 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s shares will be traded ex-dividend effective 13 February 2025. A dividend payment of NOK 0.3125 per share will be made on or about 21 February 2025 to all shareholders of record as of 14 February 2025. – For further information, please contact: Media: media@dno.noInvestors: investor.relations@dno.no – DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West DNO Results Reflect Robust Kurdistan Production, North Sea Expansion Oslo, 6 February 2025 – DNO ASA, the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of stellar production in the Kurdistan region of Iraq in a year marked by continuing North Sea expansion. Cash from operations increased nearly 50 percent to USD 433 million year-on-year. Operating profit dropped to USD 6 million reflecting the Company’s decision to take non-cash impairments of USD 146 million in its accounts, part of which was previously reported. Net Key Information Relating to Cash Dividend Oslo, 6 February 2025 - DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 6 June 2024, the Board of Directors has approved a dividend payment of NOK 0.3125 per share to be made on or about 21 February 2025 to all shareholders of record as of 14 February 2025. DNO shares will be traded ex-dividend as of 13 February 2025. Dividend amount:NOK 0.3125 per share Declared currency:NOK Last day including right:12 Q4 2024 Trading Update and Invitation to Earnings Call Oslo, 16 January 2025 – DNO ASA, the Norwegian oil and gas operator, will publish its Q4 2024 operating and interim financial results on 6 February at 07:00 (CET). A videoconference call with executive management will follow at 14:00 (CET). Today the Company provides an update on production, sales volumes and other selected information for the quarter. Volumes (boepd) Gross operated productionQ4 2024Q3 2024Q4 2023Kurdistan74,16384,21265,773North Sea6,602-- Net entitlement productionQ4 2024Q3 202 DNO Receives 13 Awards in Norway's APA Licensing Round Oslo, 14 January 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 13 exploration licenses, of which four are operatorships, under Norway's Awards in Predefined Areas (APA) 2024 licensing round. Of the 13 new licenses, 10 are in the North Sea and three in the Norwegian Sea. At yearend 2024, DNO held interests in 84 licenses offshore Norway, of which 17 were operated by the Company. The new awards un DNO Farms Into Mistral Exploration Well Through Horatio Swap Oslo, 19 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into a swap agreement with OKEA ASA to farm into a 10 percent interest in PL1119 containing the Mistral prospect. In exchange, OKEA will pick up a 10 percent interest in PL1109 containing the Horatio prospect. The Mistral prospect is located just south of the Åsgard area in the Norwegian Sea. Drilling is expected to commence shortly using the s Trym Reboot Boosts North Sea Output Oslo, 9 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that its operated Trym field in the Norwegian North Sea license PL147 (DNO 50 percent) is back on production after a five-year shutdown during which TotalEnergies redeveloped the Tyra field infrastructure in the Danish North Sea to which Trym is tied back. First commissioned in 2011, Trym is expected to contribute 3,000 barrels of oil equivalent per day (boepd) net to DNO at plateau. Remaining reserves are estim DNO Strikes Oil in New Play Offshore Norway Oslo, 2 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced an oil discovery in license PL1086 in which the Company holds a 50 percent operated interest with the balance held by partners Aker BP ASA (20 percent), Petoro AS (20 percent) and Source Energy AS (10 percent). Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27-57 million barrels of oil equivalent (MMboe) on a P Performance Overview Trailing total returns as of 4/4/2025, which may include dividends or other distributions. Benchmark is OBX Total Return Index (OBX.OL) Return DNO.OL OBX Total Return Index (OBX.OL) YTD +17.77% +1.00% 1-Year +34.21% +6.87% 3-Year +17.17% +16.87%