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OKEA ASA ( (DE:3SX) ) has issued an announcement.
OKEA ASA reported its fourth quarter 2024 production and sales volumes, with total operating income reaching MNOK 2,262 and a net production of 37.8 kboepd. Despite a slight decrease in realised crude oil prices and an unrealised currency exchange loss due to the weakening NOK, OKEA’s production for 2024 surpassed guidance, positioning it favorably within the industry. The company will release its detailed financial report on 30 January 2025.
More about OKEA ASA
OKEA ASA is a leading mid- and late-life operator on the Norwegian continental shelf (NCS), known for finding value where others divest. The company pursues an ambitious strategy focused on growth, value creation, and capital discipline, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 12.99%
Average Trading Volume: 110
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €201.3M
Learn more about 3SX stock on TipRanks’ Stock Analysis page.
