PETROLIA SE
Sector unknown·PSE · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Oil
Raw materials and inputs
Market
“The Energy division focuses primarily on exploration for and production of oil and gas.”
Annual report 2024A · The company itself
Market
“Petrolia is the largest shareholder (49.9%) of Petrolia NOCO AS ("PNO"), an independent E&P company on the Norwegian Continental Shelf ("NCS"). The company is a Licence Partner and Operator and is registered on NOTC. PNO has various licence shares and has made one commercial discovery.”
Annual report 2024A · The company itself
Market
“Reserves as at 31 December 2024 were 1.38 million barrels of oil equivalent ("boe") net to PNO. Net production to PNO in Q4 2024 was 2,183 boe per day.”
Annual report 2024A · The company itself
Market
“The Energy Service division has since 2007 primarily focused on well services for oil and gas drilling, mainly through the global Independent Oil Tools AS Group ("IOT"). Well services are also provided for thermo and salt drilling.”
Annual report 2024A · The company itself
Market
“The Group owns one landrig, drills and performs workover on land wells as a drilling contractor with this rig and hired in rigs whenever drilling contracts are secured.”
Annual report 2024A · The company itself
Chains out: this strengthens Plastics and polymers
Natural gas
Raw materials and inputs
Market
“The Energy division focuses primarily on exploration for and production of oil and gas.”
Annual report 2024A · The company itself
Market
“Petrolia is the largest shareholder (49.9%) of Petrolia NOCO AS ("PNO"), an independent E&P company on the Norwegian Continental Shelf ("NCS"). The company is a Licence Partner and Operator and is registered on NOTC. PNO has various licence shares and has made one commercial discovery.”
Annual report 2024A · The company itself
Market
“The Energy Service division has since 2007 primarily focused on well services for oil and gas drilling, mainly through the global Independent Oil Tools AS Group ("IOT"). Well services are also provided for thermo and salt drilling.”
Annual report 2024A · The company itself
Market
“The Group owns one landrig, drills and performs workover on land wells as a drilling contractor with this rig and hired in rigs whenever drilling contracts are secured.”
Annual report 2024A · The company itself
Hydrogen and Power-to-X
Technology
Market
“Through CO2 Management AS, the division is involved with managing CO2 reduction projects as well as Carbon Capture, Utilisation and Storage (CCUS) activities. The subsurface competence of PNO may be used for CO2 Storage Wells on the NCS.”
Annual report 2024A · The company itself
Utilities
End markets
Market
“The end customers are energy companies, drilling contractors or energy service companies.”
Annual report 2024A · The company itself
EU climate and energy policy
Regulation
DriverNegative impact: weakens
“Even though the Group believes its business model and products will still be viable after the transition to a low-carbon economy, climate-related matters increase the uncertainty in estimates and assumptions underpinning several items in the financial statements. Even though climate-related risks might not currently have a significant impact on measurement, the Group is closely monitoring relevant changes and developments, such as new climate-related legislation.”
Annual report 2024A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0.05 bn USD |
| Revenue growth vs. the year before, same method | -1.3 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | N/A |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | N/A |
| Growing | ✗ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in the report's original language.