Nedgang på Oslo Børs

Oslo Børs saw a slight decline on Tuesday, with the main index falling 0.47 percent after the market opened for the second trading day of the week. Among the most traded stocks, oil prices rose by around 0.5 percent since the bourse closed on Monday afternoon, with Brent crude remaining on an upward trend since midnight. Before the market opened, North Sea oil giant Salmar presented its quarterly results, highlighting lower cost expectations and guidance for a decreased output volume of 348,000 tons in 2027. Analysts have expressed skepticism towards Salmar's production volume forecast.

Okea, an oil company, also released its quarterly earnings report on Tuesday morning. The company expressed satisfaction with the operational execution in the third quarter, attributing a $28 million one-time gain to the sale of a license involving the Mistral field. Okea plans to resume quarterly dividend payments, with $2 per share in December 2026 and at least 1 kroner per share each quarter through 2027.

The company reported a profit of 16.8 million dollars for the third quarter, down from 24.4 million dollars in the same period last year. Revenue increased primarily due to the reorganization of the company and the inclusion of Deepsea Nordkapp in the portfolio, which contributed $52 million in earnings for the third quarter. However, the profit was partially offset by a reduction in revenue from Deepsea Atlantic, which faced downtime.