Petrolia SE

Oslo Stock Exchange PSE.OL

Petrolia SE Net Income Margin for the year ending December 31, 2023: 3.70%

Petrolia SE Net Income Margin is 3.70% for the year ending December 31, 2023, a 389.22% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Petrolia SE Net Income Margin for the year ending December 31, 2022 was -1.28%, a 44.19% change year over year.
Petrolia SE Net Income Margin for the year ending December 31, 2021 was -2.30%, a -376.48% change year over year.
Petrolia SE Net Income Margin for the year ending December 31, 2020 was -0.48%, a -784.98% change year over year.
Petrolia SE Net Income Margin for the year ending December 31, 2019 was -0.05%, a -101.00% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Oslo Stock Exchange: PSE.OL

Petrolia SE

CEO	Mr. Polycarpos Protopapas
IPO Date	Jan. 3, 2000
Location	Cyprus
Headquarters	Office 401
Employees	198
Sector	Energy
Industries Oil & Gas Offshore Drilling Oil Refining

Description

Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Norway, rest of Europe, Asia, Australia, and internationally. It operates in two segments, Exploration & Production, and Oil Service. The company engages in the sale and rental of drilling equipment; and rental of land rigs. It rents drilling equipment, such as drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools. The company also provides equipment inspection and maintenance services. In addition, it offers casing and tubing running, drilling, and make and brake services. It serves oil companies, drilling contractors, and oil service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

Key trends

Past 5 years