(VIANEWS) – The Market ended the session with PETRONOR E&P (PNOR.OL) jumping 9.25% to kr11.58 on Friday while Oslo Børs Benchmark Index_GI jumped 1.46% to kr1,418.73.
PETRONOR E&P’s last close was kr10.60, 5.58% higher than its 52-week high of kr10.04.
About PETRONOR E&P
PetroNor E&P ASA operates as an independent oil and gas exploration and production company in countries offshore West Africa. The company holds exploration and production assets, which includes the PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia, the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licenses in Guinea-Bissau, the Rufisque Offshore Profond and Senegal Offshore Sud Profond in Senegal, and OML-113 in Nigeria. PetroNor E&P ASA was founded in 2017 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PETRONOR E&P has a trailing twelve months EPS of kr3.8.
PE Ratio
PETRONOR E&P has a trailing twelve months price to earnings ratio of 3.05. Meaning, the purchaser of the share is investing kr3.05 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 41.19%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 20.4%, now sitting on 187.33M for the twelve trailing months.
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