Okea Q3 net profit after tax more than doubles to USD 29 million from previous quarter

Bitget2026/11/03 05:01

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Okea’s third-quarter 2026 net profit after tax more than doubled quarter-on-quarter to USD 29 million.
Revenues from sales of petroleum products rose quarter-on-quarter to USD 316 million.
The net cash position more than tripled quarter-on-quarter to USD 180 million.
Quarterly dividends will resume, with the first payment in December 2026.
Production guidance for 2026 narrowed to 31–32 kboepd following strong operational execution and the start-up of Garn West South.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Okea ASA published the original content used to generate this news brief via Cision (Ref. ID: 20261102:BIT:3486:0) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Okea Q3 net profit after tax more than doubles to USD 29 million from previous quarter

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