Detail akcie Norwegian Energy online

Business Summary: Norwegian Energy Company ASA (Noreco) is a Norway-based company. It is principally engaged in the oil and gas sector. The Company’s activities include the exploration, development and production of oil and gas. The Company’s activities are focused in the North Sea, in such countries, as Norway, Denmark and the United Kingdom. The Company has four producing fields located in Denmark, including Lulita, as well as one field located in Norway, namely Enoch. The Company participates in two field developments, namely Huntington and Oselvar fields, as well as had a number of discovery and exploration licenses. The Company operates 10 wholly owned subsidiaries.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2019, Norwegian Energy Company ASA revenues increased from $2M to $333M. Net income applicable to common stockholders totaled $215M vs. loss of $17M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Financial income increase from $21M to $177M (income).