Okea ASA
OSE:OKEA
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Operating Margin
Okea ASA
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | NO |
Market Cap | 2B NOK |
Operating Margin |
43%
|
Country | US |
Market Cap | 124.2B USD |
Operating Margin |
25%
|
Country | CN |
Market Cap | 786.5B CNY |
Operating Margin |
44%
|
Country | US |
Market Cap | 67.7B USD |
Operating Margin |
37%
|
Country | CA |
Market Cap | 91.6B CAD |
Operating Margin |
28%
|
Country | US |
Market Cap | 46B USD |
Operating Margin |
34%
|
Country | US |
Market Cap | 45.6B USD |
Operating Margin |
47%
|
Country | UK |
Market Cap | 34.4B GBP |
Operating Margin |
126%
|
Country | US |
Market Cap | 40B USD |
Operating Margin |
36%
|
Country | AU |
Market Cap | 45.9B AUD |
Operating Margin |
38%
|
Country | US |
Market Cap | 25.8B EUR |
Operating Margin |
58%
|
Okea ASA
Glance View
Okea AS engages in the development and production of oil and gas. The company is headquartered in Trondheim, Sor-Trondelag. The company went IPO on 2019-06-18. The firm has an asset portfolio including the Draugen field, which is operated by OKEA, as well as non-operated positions. Furthermore, OKEA has activities in projects under development, including the Hasselmus gas discovery and Draugen power from shore, as well as discoveries being evaluated for development and exploration licences with planned and possible wells. As an operator on the NCS, OKEA carries out various activities related to production of hydrocarbons from existing assets, as well as development of new oil and gas fields. These activities take place at multiple locations both offshore and onshore.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Okea ASA's most recent financial statements, the company has Operating Margin of 42.9%.