OKEA ASA - Second quarter 2026 financial results
(Trondheim, 16 July 2026) - In the second quarter of 2026, OKEA ASA (OSE: OKEA) delivered operating income of USD 334 (239) million and EBITDA of USD 207 (129) million. Lower forward prices at balance sheet date resulted in impairments of USD 94 (reversal of 154) million with a net after tax impact of USD 27 (income of 34) million. Net profit amounted to USD 14 (36) million. Total cash ended at USD 355 (269) million, resulting in a net cash position of USD 59 (net debt of 26) million.(Amounts in parentheses refer to previous quarter)“We have completed planned maintenance shutdowns on