BW Offshore Limited/Nkr BWO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About BW Offshore Limited
BW Offshore Limited is a company operating in the oil and gas industry, primarily focusing on floating production storage and offloading (FPSO) units. Its core business involves the engineering, procurement, construction, and operation of FPSOs, which are essential for offshore oil and gas production. The company provides leasing and operation services of FPSOs, addressing the needs of oil companies for cost-effective and flexible offshore production solutions. Founded in 1982, BW Offshore is headquartered in Oslo, Norway, and has a global presence in key oil-producing regions, with operations and projects across Africa, the Americas, Europe, and Asia. One of its strategic strengths lies in its extensive experience and technical expertise in delivering tailored offshore production solutions, along with a diversified fleet capable of operating in various marine environments.
- Ticker
- Nkr BWO
- Sector
- Energy
- Primary listing
- XOSL
- Employees
- 900
- Headquarters
- Hamilton, Bermuda
- Website
- www.bwoffshore.com
BWO Metrics
BasicAdvanced
kr 6.9B
-
-kr 1.61
0.60
kr 3.58
9.26%
Price and volume
Market cap
kr 6.9B
Beta
0.6
52-week high
kr 54.00
52-week low
kr 33.90
Average daily volume
105K
Dividend rate
kr 3.58
Financial strength
Current ratio
1.263
Quick ratio
1.263
Long term debt to equity
1.264
Total debt to equity
1.363
Interest coverage (TTM)
5.62%
Profitability
EBITDA (TTM)
1,851.426
Gross margin (TTM)
59.34%
Net profit margin (TTM)
-5.90%
Operating margin (TTM)
22.95%
Effective tax rate (TTM)
-144.53%
Revenue per employee (TTM)
kr 5,484,300
Management effectiveness
Return on assets (TTM)
1.80%
Return on equity (TTM)
-2.55%
Valuation
Price to revenue (TTM)
1.42
Price to book
6.66
Price to tangible book (TTM)
7.2
Price to free cash flow (TTM)
6.419
Free cash flow yield (TTM)
15.58%
Free cash flow per share (TTM)
6.022
Dividend yield (TTM)
9.26%
Growth
Revenue change (TTM)
-8.07%
Earnings per share change (TTM)
-122.39%
3-year revenue growth (CAGR)
-10.19%
10-year revenue growth (CAGR)
-3.06%
3-year earnings per share growth (CAGR)
-32.16%
10-year earnings per share growth (CAGR)
-37.29%
3-year dividend per share growth (CAGR)
38.26%
Bulls say / Bears say
The BW Catcher extension secures about US$490 million of additional firm operating cash-flow backlog through the end of 2030. Its clearer end date also lets BW Offshore market the FPSO for redeployment afterwards. (BW Group)
BW Opal is producing steadily at 85% of capacity and passed its Interim Performance Test. Once practical completion is reached, it is due to enter a 15-year fixed-term contract. (BW Offshore)
BW Offshore has advanced Bay du Nord into FEED with Equinor after being selected as preferred FPSO bidder. The work could position it for a major new project if Equinor reaches a final investment decision and awards the contract. (BW Group)
Technical problems with third-party equipment have pushed BW Opal’s practical completion to Q2 2027, with about US$65 million of extra investment expected before completion. The delay also triggered a US$125 million impairment. (BW Offshore)
The revised Catcher deal adds backlog but comes with a discount equivalent to 10% of the bareboat charter day rate, offset against the operations and maintenance rate. From 2028, its production tariff is also capped in relation to oil prices, limiting some upside. (BW Group)
Bay du Nord is still in the FEED stage, with a firm offer and contract award yet to be secured. Its potential contribution to future earnings therefore depends on Equinor progressing the project towards a final investment decision. (BW Group)
Data summarised monthly by Lightyear AI. Last updated on 17 Oct 2026.
BWO Financial Performance
Revenues and expenses
BWO Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing BWO
Fund name | Fund size | Nkr BWO weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.02% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.02% |
L&G Global Quality Dividends£LDGG | $353M | 0.01% |
SPDR MSCI All Country World IM€SPYI | $7.7B | 0.00% |
iShares MSCI World Small Cap€IUSN | $9B | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.