FOE.OL - Fred. Olsen Energy ASA

Oslo - Oslo Delayed Price. Currency in NOK
-0.12 (-1.89%)
As of 10:59AM CEST. Market open.
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Previous Close6.35
Bid6.14 x 124000
Ask6.26 x 11100
Day's Range6.15 - 6.48
52 Week Range5.10 - 26.50
Avg. Volume597,099
Market Cap412.825M
PE Ratio (TTM)N/A
EPS (TTM)-4.12
Earnings DateFeb 13, 2018 - Feb 19, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-05-28
1y Target Est0.51
  • Reuters16 days ago

    Fred. Olsen Energy fails to pay bank loan instalment, shares plunge

    Olsen Energy (FOE.OL) took another dive on Wednesday after it said it stopped paying its creditors to preserve liquidity, in the latest example of a rig firm falling victim to slow demand recovery in the sector. A number of offshore drillers, including Seadrill (SDRL.N), once the world's largest rig company by market capitalisation, were forced to restructure their debts after demand fell sharply due to the oil market's downturn in 2014-2016. Consolidation of smaller players could help the drilling market's recovery, Seadrill's Chief Executive Anton Dibowitz told Reuters on Tuesday.

  • Reuters2 months ago

    Norway's top oil drilling union agrees wage deal, smaller union undecided

    OSLO (Reuters) - The largest labour union representing workers on Norwegian offshore oil drilling rigs has agreed to a new wage deal, it said on Friday, while a smaller union said it would ask its members ...

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