
DNO ASA is a Norwegian oil and gas company that has been operating in the industry for over 25 years.
DNO ASA is listed on the Oslo Stock Exchange and is one of the largest independent oil and gas companies in the world.
The company's headquarters is located in Oslo, Norway.
DNO ASA has a diverse portfolio of oil and gas assets across several countries, including Norway, the UK, and the Middle East.
The company has a strong track record of delivering operational excellence and financial performance.
Financial Information
DNO ASA's financial situation is a key aspect of understanding the company's overall health. The company's total cash on hand is a significant $788.1 million.
This cash, however, is largely offset by the company's total debt, which makes up a substantial 116.49% of its equity.
A more positive note is the company's Levered Free Cash Flow, which stands at $130.26 million.
Financial Statements
Let's take a closer look at the financial statements of DNO ASA. The company's total cash as of the most recent quarter is a healthy 788.1 million.
One key metric to consider is the company's debt-to-equity ratio, which stands at 116.49% as of the most recent quarter. This suggests that DNO ASA has a significant amount of debt compared to its equity.
In terms of cash flow, the company's levered free cash flow for the trailing 12 months is 130.26 million. This is a positive sign, indicating that DNO ASA is generating a significant amount of cash from its operations.
Here's a breakdown of the company's financial situation at a glance:
- Total Cash (mrq): 788.1M
- Total Debt/Equity (mrq): 116.49%
- Levered Free Cash Flow (ttm): 130.26M
Analysts' Consensus
Analysts' Consensus is a crucial metric in financial analysis. It represents the average forecast of a stock's price or earnings per share made by a group of analysts. Analysts' Consensus is often used as a benchmark to gauge a company's expected performance.
According to a recent survey, 70% of analysts use Analysts' Consensus as a key factor in their investment decisions. This highlights the significance of this metric in the financial world.
A consensus of 3.5 or higher is generally considered a strong indicator of a stock's potential for growth. On the other hand, a consensus below 2.5 may signal potential difficulties for the company.
Investment and Funding
DNO ASA has a strong track record of securing funding to support its operations and growth.
The company has a significant cash balance, with NOK 1.3 billion available as of December 31, 2020. This provides a solid financial foundation for future investments and activities.
DNO ASA has also successfully accessed the capital markets, issuing new shares to raise additional funds. In 2020, the company raised NOK 1.1 billion through a rights issue.
Funding
Funding is a crucial aspect of investment, and there are several options to consider.
Venture capital firms typically invest in startups in exchange for equity, with an average investment size of $1.5 million to $2.5 million.
Angel investors, on the other hand, provide funding to early-stage companies in exchange for equity, often with a personal connection to the founder or company.
Crowdfunding platforms allow entrepreneurs to raise funds from a large number of people, typically in exchange for rewards or equity.
Government grants and loans are also available for businesses that meet specific criteria, such as innovation or job creation.
In some cases, bootstrapping can be a viable option, where entrepreneurs use their own savings or revenue to fund their business.
For your interest: CHN Energy Investment Group
Latest Transactions

The Latest Transactions section in the stock market is where the action happens. It's where you can see the most recent trades and get a sense of what's moving the market.
The latest transaction we can see is dated 10:28:08 am, with a price of 13.06.
A significant number of transactions occurred at 10:25:23 am, with multiple trades happening in quick succession. This suggests a high level of market activity during this time.
The price of 13.06 remained constant across all these transactions, indicating stability in the market. However, the volume of trades varied significantly, ranging from 76 to 11,455.
Here's a breakdown of the transactions at 10:25:23 am:
The daily volume at 10:25:23 am was 1,862,804, indicating a significant amount of trading activity. By 10:28:08 am, the daily volume had increased to 1,886,014.
Operations and Performance
DNO ASA has a diverse portfolio of oil and gas assets in the Middle East, the North Sea, and West Africa. The company has a significant presence in the Kurdistan region, where it holds 75% operating interests in the Tawke and Peshkabir fields.

DNO ASA's operations are not limited to the Kurdistan region; it also has interests in West Africa, specifically in Côte d'Ivoire's Block CI-27, where it holds a 9% interest.
The company's performance has been mixed over the years, with significant fluctuations in its returns. According to the performance data, DNO ASA's current year return is +24.74%, while its 1-year return is +17.98%.
Performance
DNO ASA's performance has been a mixed bag over the years. The company's stock price has seen significant fluctuations, with a 1-day increase of +0.23% and a 1-week increase of +0.38%.
In the current month, however, the stock price has taken a hit, decreasing by -14.92%. This decline is also reflected in the 1-month performance, which stands at -18.68%. On the other hand, the 3-month performance is more moderate, with a decline of -6.51%.
Looking at the bigger picture, DNO ASA's stock price has shown some impressive growth over the long term. In the past 6 months, the stock price has increased by +9.67%, and in the current year, it has jumped by +24.74%. Over the past year, the stock price has risen by +17.98%, and over the past 3 years, it has increased by +0.85%.
Market and Trading
On October 20, 2025, the last price of DNO ASA was 12.72 kr.
The trading volume on October 20, 2025, was 1,916,441, which is a significant amount of activity in the market.
The change in price from the opening to the last price on October 20, 2025, was +0.08%, indicating a slight increase.
Here's a breakdown of the daily highs and lows for DNO ASA:
Sector
The sector is a crucial aspect of the market and trading world. It's where businesses operate, and it's essential to understand the different sectors to make informed investment decisions.
Energy is a key sector, and it's further divided into sub-sectors. Fossil fuels, in particular, play a significant role in the energy sector.
Oil and gas are essential components of the fossil fuel sub-sector. Oil and gas exploration and production are the next level of detail within this sub-sector.
There are various types of oil and gas exploration and production activities. Other oil and gas exploration and production is one such category, which includes a range of activities beyond the more general oil and gas exploration and production.
Take a look at this: Aker Floating Production
Quotes 5-Day View

The Quotes 5-Day View is a great way to quickly understand the recent performance of a stock. DNO ASA's 5-day view shows a last price of 12.72 kr on 2025-10-20.
Let's take a closer look at the highs and lows of DNO ASA's stock. The high price on 2025-10-20 was 12.92 kr, while the low was 12.65 kr.
The volume of shares traded on 2025-10-20 was 1,916,441. This is a significant amount of trading activity, indicating that investors are taking notice of the stock.
Here's a summary of the daily changes in DNO ASA's stock price:
Notice how the stock price fluctuated over the 5-day period. The largest daily change was a +3.17% increase on 2025-10-23.
Management and Governance
DNO ASA has a diverse Board of Directors with a range of ages and experience. The Board consists of six members, with the oldest being 75 years old and the youngest being 47 years old.
Consider reading: Old Dominion Electric Cooperative
Chairman Bijan Mossavar-Rahmani, 73 years old, has been leading the Board since 2011. Director Gunnar Hirsti, 71 years old, has been a member since 2010. Elin Karfjell, 60 years old, also joined in 2010. Anita Marie Hjerkinn Aarnæs, 75 years old, was appointed in 2021, and Grethe Moen, 65 years old, and Ferris Hussein, 47 years old, were appointed in 2024.
Here is a list of the Board of Directors:
- Bijan Mossavar-Rahmani, Chairman, 73 years old, appointed in 2011
- Gunnar Hirsti, Director/Board Member, 71 years old, appointed in 2010
- Elin Karfjell, Director/Board Member, 60 years old, appointed in 2010
- Anita Marie Hjerkinn Aarnæs, Director/Board Member, 75 years old, appointed in 2021
- Grethe Moen, Director/Board Member, 65 years old, appointed in 2024
- Ferris Hussein, Director/Board Member, 47 years old, appointed in 2024
Board Composition
DNO ASA's Board of Directors is comprised of a diverse group of individuals with varying levels of experience and expertise.
Gunnar Hirsti, a 71-year-old director, has been serving on the board since June 1, 2010.
Bijan Mossavar-Rahmani, the chairman, is 73 years old and has been in this role since April 12, 2011.
The board includes three female members: Elin Karfjell, Anita Marie Hjerkinn Aarnæs, and Grethe Moen, who are 60, 75, and 65 years old, respectively.
The youngest member of the board is Ferris Hussein, a 47-year-old director.
Here's a breakdown of the board members' titles and ages:
Top Employees
The management team plays a crucial role in the success of a company. Christopher Spencer is the Managing Director of DNO ASA.
Having a clear chain of command is essential for effective decision-making. The Managing Director is responsible for overseeing the overall strategy and direction of the company.
Leadership is key to driving growth and innovation. Christopher Spencer's role as Managing Director is to ensure the company achieves its goals.
Effective governance starts at the top. The management team sets the tone for the entire organization.
Clear communication is vital for success. The Managing Director is responsible for communicating the company's vision and strategy to stakeholders.
Decision-making is a key responsibility of the management team. The Managing Director makes key decisions that impact the company's direction.
Leadership is not just about making decisions, it's also about inspiring and motivating others. Christopher Spencer's leadership style is crucial to the success of DNO ASA.
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