OKEA ASA OKEA

What the company says it expects, and how often it has delivered on it.

Guidance in the latest report

• Production estimate for 2026 (FY 2026)
  “2026 29 - 32 kboepd (previous: 31 - 35 kboepd)” (p. 15)
• Production estimate for 2027 (FY 2027)
  “2027 39 - 43 kboepd (previous: 37 - 41 kboepd)” (p. 15)
• Capex guidance for 2026, unchanged (FY 2026)
  “Capex guidance remain unchanged: 2026 USD 300 - 360 million” (p. 15)
• Capex guidance for 2027, unchanged (FY 2027)
  “2027: USD 230 - 290 million” (p. 15)
• Expected tax payment (Q3 2026)
  “USD 42 million in the third quarter, and USD 62 million in the fourth quarter.” (p. 15)
• Expected tax payment (Q4 2026)
  “USD 42 million in the third quarter, and USD 62 million in the fourth quarter.” (p. 15)
• Dividend payments put on hold; dividend plan to follow when company is in a position to distribute (current period)
  “dividend payments have been temporarily put on hold during this period” (p. 15)
• Garn West South well production start at Draugen (Q3 2026)
  “with expected production start in the third quarter of 2026” (p. 12)
• Bestla plateau production net to OKEA (within first year of production)
  “Plateau production is expected within the first year of production with approximately 10 kboepd net to OKEA.” (p. 14)
• Bestla first production (early 2027)
  “with first production expected in early 2027” (p. 12)
• Talisker West first production at Brage (2H 2027)
  “First production from the Brage platform is expected in the second half of 2027.” (p. 14)
• Gjøa Nord production increase (Q3 2028)
  “The project is expected to increase production at Gjøa from the third quarter of 2028.” (p. 13)
• Draugen Power from Shore project completion (2028)
  “Project completion is expected in 2028.” (p. 14)
• Net profit after tax impact of Mistral divestment (closing expected by end of Q3 2026) (Q3 2026)
  “the positive net profit after tax impact of the transaction is estimated to USD 25 million” (p. 14)

Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.