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BlueNord Reports Stable Production with Positive Outlook for 2025

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The latest update is out from Norwegian Energy Company ASA ( (GB:0HTF) ).

BlueNord ASA announced its preliminary production figures for December 2024 and the full year, with a total production of 25.0 mboepd net for the year. While production was impacted by well optimization work and operational issues on some assets, the Tyra hub showed stable production. The company expects an increase in production as additional wells are brought online, indicating a positive outlook for future operations.

More about Norwegian Energy Company ASA

BlueNord ASA is a strategically important European oil and gas company specializing in producing and developing energy resources, with activities supporting the energy transition. It holds a 36.8% interest in the Danish Underground Consortium, responsible for oil and gas production in the Danish North Sea, and is listed on the Oslo Stock Exchange under the ticker ‘BNOR’.

YTD Price Performance: 5.27%

Average Trading Volume: 628

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK18.28B

See more insights into 0HTF stock on TipRanks’ Stock Analysis page.

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