We expect the group to extend at least part of the voluntary cuts next quarter, which would keep the market in balance and ensure prices remain around $80 per barrel, says Warren Patterson, commodities strategist at ING Groep, according to Bloomberg,
movements
Favorite Selina Middlefart Marine sim Siem Helix 1 and Siem Helix 2 are sent on missions worth more than NOK 7 billion. The stock rose a whopping 14.4 percent to NOK 27, so it is today's provisional winner.
Semiconductor giant Al Shamal Semiconductor It lost 12.4 million in the fourth quarter. This is more than analysts expected.
– For us, 2024 is a big black box, says Peter Kongsley, an analyst at SpareBank 1 Markets, who expects prices to collapse by 30 percent from the beginning.
The stock fell as much as 23 percent in pre-trading, but a stock market crash occurred as a result of abnormally high trading volume in the stock from the start. It is now trading again and the stock is down 21.5 percent to NOK 82.
Norwegian It carries the same number of passengers as last year. Winter storms made a strong impact. Together with Widerøe, the total number of passengers ended at 1.4 million in January. The stock has fallen 0.9 percent since the beginning.
Odfjell heir Johan Odvar Odfjell sold yesterday after the stock exchange closed 5.3 percent of his shares in Odvigil. The shares are worth NOK 360 million given yesterday's closing price, but it is uncertain how much the shares were sold for. The buyer is the second largest owner in Stolt-Nielsen, whose ownership exceeds 10 percent.
Odfjell shares fell 0.3 percent to NOK 147 per share.
Car shipping company Car carriers gram An agreement has been concluded to sell the ship Viking Amber for $64.6 million. The stock rose 0.4 percent.
Athea Statsbygg has entered into a project agreement for audio and video solutions in the government district worth up to NOK 600 million. The stock fell 0.2 percent.
Multi-consultation EBITDA was NOK 189 million in the fourth quarter of 2023, compared to NOK 97 million in the same period of the previous year. The Board of Directors proposes a dividend of NOK 8 per share. The stock is for 2023. The stock rose 9.3 percent on the Oslo Stock Exchange today.
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