Panoro Energy ASA stock | 2026 price target, earnings & valuation

Panoro Energy ASA

OB:PEN

kr 31,95

+ kr1,20 (3,90%)

31,95 kr

+kr1,20 (3,90%)

End-of-day quote: 03/26/2026

Panoro Energy ASA Stock Value

Currently, analysts rate OB:PEN as Outperform.

Outperform

Panoro Energy ASA Company Info

EPS Growth 5Y

123,36%

Market Cap

kr3,96 B

Long-Term Debt

kr1,24 B

Annual earnings

N/A

Dividend

kr2,93

Dividend Yield

9,17%

Founded

2009

Industry

Energy

Country

United Kingdom

Website

Panoro Energy ASA

ISIN Number

NO0010564701

Website

http://www.panoroenergy.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

kr37,28

16.68%

Last Update: 03/23/2026

Analysts: 5

Highest Price Target kr55,11

Average Price Target kr37,28

Lowest Price Target kr23,69

In the last five quarters, Panoro Energy ASA’s Price Target has fallen from kr43,14 to kr39,97 - a -7,35% decrease. Three analysts predict that Panoro Energy ASA’s share price will increase in the coming year, reaching kr37,28. This would represent an increase of 16,68%.

Top growth stocks in the energy sector (5Y.)

What does Panoro Energy ASA do?

Panoro Energy ASA an independent exploration and production company that engages in the exploration, development, and production of oil and gas properties. Business Segments The company operates through West Africa - Equatorial Guinea, West Africa – Gabon, North Africa – Tunisia, and South Africa segments. West Africa - Equatorial Guinea This segment is integral to the company’s operations, featuring significant production activities that contribute to its overall output. The company has mai...

Panoro Energy ASA an independent exploration and production company that engages in the exploration, development, and production of oil and gas properties.

Business Segments

The company operates through West Africa - Equatorial Guinea, West Africa – Gabon, North Africa – Tunisia, and South Africa segments.

West Africa - Equatorial Guinea

This segment is integral to the company’s operations, featuring significant production activities that contribute to its overall output. The company has maintained a robust production profile here, backed by substantial reserves and a focus on optimizing production assets.

West Africa – Gabon

This segment’s operations in Gabon reflect a strong commitment to enhancing production and operational efficiency. This segment has seen consistent contributions to the company’s total net sales through strategic investments in exploration and production technologies.

North Africa – Tunisia

This segment has expanded following recent acquisitions, with the company now fully owning the Sfax Petroleum Corporation AS subsidiary. This acquisition has allowed for enhanced production capabilities and resource management in Tunisia, contributing positively to the company's overall growth trajectory.

South Africa

This segment faces unique market conditions but has potential for growth through strategic planning and potential acquisitions in the future.

Business Strategy

The company's business strategy focuses on growth through acquisition, operational excellence, and sustainability initiatives. The company's overarching focus is to become a leading independent oil and gas producer by strategically expanding its asset portfolio and enhancing production capabilities. This is achieved through:

Acquisition and Growth: The company actively seeks to acquire undervalued assets and enhance production capabilities through strategic investments. Recent transactions, such as acquiring the remaining stake in Sfax Petroleum Corporation AS, highlight how the company identifies and capitalizes on growth opportunities that align with its operational framework.

Sustainability and Responsibility: Recognizing the importance of corporate social responsibility, the company is committed to implementing sustainable practices in its operations. This includes reducing carbon footprints, managing resources responsibly, and ensuring compliance with environmental regulations.

Geographic Diversification: The commitment to operating in diverse geographical locations minimizes risk and promises consistent production output even in fluctuating market conditions.

Products and Services

The company primarily engages in the production and sale of crude oil, alongside providing services that include exploration and development of oil fields across its operational territories. Key products and services include:

Crude Oil Production: The core product is crude oil, which is processed and sold in various markets. The company operates several blocks, with net average daily production from blocks accounting for significant revenue generation.

Exploration Services: The company invests in exploration activities to identify new oil discoveries, employing advanced technologies and geological assessments to maximize the potential of existing reserves.

Oilfield Development: The company offers services that enhance oilfield development processes, including drilling operations and infrastructure development necessary for production optimization.

Asset Management Services: The company provides expertise in managing oilfield assets to ensure operational efficiency, compliance with regulations, and adherence to safety standards throughout its operations.

Geographical Markets

The company serves a variety of geographical markets, primarily focusing on West Africa and North Africa. Notably, the company has established a significant presence in:

Equatorial Guinea: Offering substantial production capabilities, this market is crucial for the company's output and revenue.

Gabon: The company's operations in Gabon further enhance its footprint in West Africa, contributing robust production numbers and income.

Tunisia: Following the complete acquisition of Sfax Petroleum Corporation AS, Tunisia's position within the company's operational structure is strengthened, providing critical assets and production potential.

Seasonality

Seasonality effects within the oil and gas industry can impact production rates and operational performance. However, the company generally experiences minimal seasonal fluctuations due to its diversified production portfolio across different geographical regions. While specific weather changes or geopolitical events can occasionally affect production, the company's multi-regional approach allows it to mitigate these seasonal impacts effectively. This operational strategy enables the company to maintain consistent production levels and revenue throughout the year.

Customers

The company primarily serves customers in the oil and gas sectors, which include:

Refineries and Oil Traders: The company has established relationships with major refiners who purchase crude oil for processing and distribution.

Government and State-owned Enterprises: Through various contracts, the company supplies oil to governmental agencies and state-owned enterprises within its operational reach.

Bulk Buyers and Resellers: The company engages with bulk buyers who resell oil to different markets, contributing to its extensive customer base.

Sales and Marketing

The company employs a multi-faceted approach to sales and marketing, focusing on building robust partnerships and maintaining sustainable practices. Key modes include:

Direct Sales: The company engages in direct sales agreements with refiners and large-volume buyers, ensuring secure revenue streams through negotiated contracts.

Market Partnerships: Collaborations with established market players facilitate broader access to crude oil markets, providing advantages in distribution and marketing efforts.

Sustainable Marketing Initiatives: Highlighting the company's commitment to sustainability, marketing efforts focus on promoting environmentally responsible practices and innovations.

History

Panoro Energy ASA was founded in 2009. The company was incorporated in 2009.

Panoro Energy ASA Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenue:** Oil and Gas Industry **Top 3 Markets:** Nigeria, Gabon, Tunisia Panoro Energy ASA is an independent exploration and production company focusing on the oil and gas industry. The majority of its revenue comes from the production and sale of crude oil. The key markets for Pano...

At which locations are the company’s products manufactured?

**Production Sites:** - Gabon - Nigeria - Tunisia Panoro Energy ASA is an independent oil and gas company that focuses on the exploration and production of oil and gas resources in Africa. The company's main production sites are located in Gabon, Nigeria, and Tunisia. These regions are known f...

What strategy does Panoro Energy ASA pursue for future growth?

**Growth Strategy:** Diversification and Expansion in Africa Panoro Energy ASA is pursuing a growth strategy that focuses heavily on diversification and expansion in African markets. In recent years, the company has increased its investments in exploration and production projects in West Africa, pa...

Which raw materials are imported and from which countries?

**Main raw materials:** Crude oil and natural gas **Countries of origin:** Nigeria, Gabon, Tunisia Panoro Energy ASA is an independent exploration and production company specializing in the extraction of crude oil and natural gas. The company's main activities are focused on West Africa, par...

How strong is the company’s competitive advantage?

**Competitive Advantage of Panoro Energy ASA:** **Market Position:** Strongly positioned in West Africa **Production Growth:** 8% (estimated for 2026) **Cost Structure:** Low production costs compared to industry average Panoro Energy ASA has gained a significant competitive advantage through...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Estimated 45% (2026) **Insider Purchases/Sales:** No current significant transactions known (2026) The institutional investor share in Panoro Energy ASA is estimated at 45%. This is typical for companies in the energy sector, as institutional investors often pursu...

What percentage market share does Panoro Energy ASA have?

**Market share of Panoro Energy ASA:** Estimate 1-2% (2026) **Main competitors and their market shares:** 1. Equinor ASA: approx. 15% 2. Aker BP ASA: approx. 10% 3. Lundin Energy: approx. 8% 4. DNO ASA: approx. 5% 5. Vår Energi: approx. 4% 6. Panoro Energy ASA: approx. 1-2% 7. OKEA ASA: approx. 1-2...

Is Panoro Energy ASA stock currently a good investment?

**Revenue growth:** 10% (estimated for 2026) **Profit growth:** 8% (estimated for 2026) **Oil production:** 8,000 barrels per day (2025) Panoro Energy ASA has shown solid revenue growth of around 10% per year in recent years. This positive development is mainly attributed to strategic expansion and...

Does Panoro Energy ASA pay a dividend – and how reliable is the payout?

**Dividend payment:** Yes, Panoro Energy ASA pays a dividend. **Dividend yield:** 3.5% (2026) **Dividend history:** Continuous payout since 2024 Panoro Energy ASA started distributing dividends to its shareholders in 2024. The current dividend yield is 3.5%, which is competitive compared to o...

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Panoro Energy ASA Stock Value

Panoro Energy ASA Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Panoro Energy ASA do?

Panoro Energy ASA Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Panoro Energy ASA Stock Value

Panoro Energy ASA Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Panoro Energy ASA do?

Panoro Energy ASA Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.