contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


petrolia-noco-strong-q3-production-raising-2026e-abg

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Petrolia is an oil and gas company. The exploitation is carried out mainly within the Norwegian Continental Shelf and then transported on a global level. The company has acquired several companies within the industry, specializing in offering advanced equipment for the oil and gas industry. In addition, it offers engineering services focused on the extraction process. The company was founded in 1997 and is headquartered in Oslo.

Petrolia

* Strong Q3 production of 2.9kboe/d vs. ABGSCe 2.4kboe/d* '26e EBITDAX up 3% on higher Brage production* Fair value range of NOK 1.2-4.5/shQ3: EBITDA NOK 122m vs. ABGSCe 85m due to overlift ...

* Strong Q3 production of 2.9kboe/d vs. ABGSCe 2.4kboe/d* '26e EBITDAX up 3% on higher Brage production* Fair value range of NOK 1.2-4.5/shQ3: EBITDA NOK 122m vs. ABGSCe 85m due to overlift effectQ3 production was 2.9kboe/d vs. our estimate of 2.4kboe/d and 1.9kboe/d in Q2. The increase from Q2 was driven by the new Sognefjord East well, which commenced production on 30 June with a strong initial production rate. As a result, PNO reported revenue of NOK 169m, 6% above ABGSCe of NOK 160m. EBITDA of NOK 122m was significantly above ABGSCe of NOK 85m, but primarily driven by an overlift effect. PNO sells a significant portion of its volumes through a monthly sales contract. When it lifts more volumes under this agreement than its entitlement, it records the gain on a net basis under opex, which resulted in net production costs of NOK 25m vs. our estimate of NOK 45m. Hence, this effect should even out over the next quarters. PNO exited Q3 with a cash position of NOK 22m, vs. NOK 26m in Q2, and we expect a cash position of ~NOK 40m at end of Q4.We raise '25e-'26e EBITDAX by 5-3%We raise our '26e Brage production estimate from 2.0 kboe/d to 2.2 kboe/d, reflecting a higher expected contribution from the ongoing drilling of a new well (A15), with production start expected in Q1'26. We also highlight the new discoveries at Talisker in Q2, adding ~NOK 0.75/sh to our NAV (see p. 5). The positive underlying revisions are partly offset by applying our latest oil market view as described in Oil price could be troughing, reiterating our long-term oil price forecast of USD 80, while lowering our '26 Brent assumption to USD 70 (73) and USD/NOK to 10.0 (10.5). In summary, we lift '25e-'26e EBITDAX by 5-3%.Fair value range of NOK 1.2-4.5/shWe estimate a NAV of NOK 4.1/sh for PNO and assess a fair value range of NOK 1.2-4.5/sh. Working backwards from the current share price of NOK 1.30/sh, we argue that, all else equal, this implies a discounted oil price of USD 47/bbl.