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Lundin Energy AB
Buy, Hold or Sell?

Let's analyse Lundin Energy AB together

PenkeI guess you are interested in Lundin Energy AB. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Lundin Energy AB. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Lundin Energy AB (30 sec.)










What can you expect buying and holding a share of Lundin Energy AB? (30 sec.)

How much money do you get?

How much money do you get?
$0.09
When do you have the money?
1 year
How often do you get paid?
62.5%

What is your share worth?

Current worth
$1.27
Expected worth in 1 year
$1.20
How sure are you?
52.5%

+ What do you gain per year?

Total Gains per Share
$0.03
Return On Investment
4.6%

For what price can you sell your share?

Current Price per Share
$0.69
Expected price per share
$0.65 - $0.8
How sure are you?
50%

1. Valuation of Lundin Energy AB (5 min.)




Live pricePrice per Share (EOD)

$0.69

Intrinsic Value Per Share

$-28.69 - $45.74

Total Value Per Share

$-27.43 - $47.00

2. Growth of Lundin Energy AB (5 min.)




Is Lundin Energy AB growing?

Current yearPrevious yearGrowGrow %
How rich?$365.6m-$436.1m$819m213.9%

How much money is Lundin Energy AB making?

Current yearPrevious yearGrowGrow %
Making money-$4.2m$3.6b-$3.6b-86,890.4%
Net Profit Margin-117.0%22.3%--

How much money comes from the company's main activities?

3. Financial Health of Lundin Energy AB (5 min.)




What can you expect buying and holding a share of Lundin Energy AB? (5 min.)

Welcome investor! Lundin Energy AB's management wants to use your money to grow the business. In return you get a share of Lundin Energy AB.

What can you expect buying and holding a share of Lundin Energy AB?

First you should know what it really means to hold a share of Lundin Energy AB. And how you can make/lose money.

Speculation

The Price per Share of Lundin Energy AB is $0.69. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Lundin Energy AB.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Lundin Energy AB, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.27. Based on the TTM, the Book Value Change Per Share is $-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is $1.93 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Lundin Energy AB.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.03-4.2%-0.02-3.1%12.881,866.6%2.84412.1%1.42205.2%
Usd Book Value Change Per Share-0.01-1.9%-0.02-2.3%1.93280.0%0.0912.6%-0.08-11.0%
Usd Dividend Per Share0.000.0%0.023.4%0.3957.1%0.3144.6%0.2130.3%
Usd Total Gains Per Share-0.01-1.9%0.011.1%2.33337.1%0.3957.1%0.1319.3%
Usd Price Per Share0.71-1.21-20.09-21.59-20.02-
Price to Earnings Ratio-6.16-75.38-18.13-26.40-1.97-
Price-to-Total Gains Ratio-55.46--21.25-2.32--0.24-16.22-
Price to Book Ratio0.56-0.90--4.25--4.72--14.14-
Price-to-Total Gains Ratio-55.46--21.25-2.32--0.24-16.22-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.69
Number of shares1449
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.31
Usd Book Value Change Per Share-0.020.09
Usd Total Gains Per Share0.010.39
Gains per Quarter (1449 shares)11.38571.32
Gains per Year (1449 shares)45.542,285.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1137-923617835022275
2275-18482356610054560
3412-276128534915076845
4550-367174713120109130
5687-4592208914251211415
6824-55126610697301513700
7962-64331212480351715985
81099-73535814263402018270
91236-82740416046452220555
101374-91845017828502422840

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%9.03.00.075.0%15.05.00.075.0%27.013.00.067.5%42.017.00.071.2%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%19.021.00.047.5%29.027.03.049.2%
Dividend per Share3.00.01.075.0%11.00.01.091.7%19.00.01.095.0%25.00.015.062.5%27.00.032.045.8%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%21.019.00.052.5%31.025.03.052.5%

Fundamentals of Lundin Energy AB

About Lundin Energy AB

Orrön Energy AB (publ) operates as an independent renewable energy company. It has wind and hydro assets in the Nordics, a wind farm in Finland, a hydropower plant in Norway, and a Karskruv wind farm in southern Sweden. The company was formerly known as Lundin Energy AB (publ) and changed its name to Orrön Energy AB (publ) in July 2022. Orrön Energy AB (publ) was incorporated in 2001 and is based in Stockholm, Sweden.

Fundamental data was last updated by Penke on 2024-03-10 16:44:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Lundin Energy AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Lundin Energy AB earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • A Net Profit Margin of -334.8% means that $-3.35 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Lundin Energy AB:

  • The MRQ is -334.8%. The company is making a huge loss. -2
  • The TTM is -117.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-334.8%TTM-117.0%-217.8%
TTM-117.0%YOY22.3%-139.3%
TTM-117.0%5Y-6.4%-110.6%
5Y-6.4%10Y-25.0%+18.5%
1.1.2. Return on Assets

Shows how efficient Lundin Energy AB is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • -1.7% Return on Assets means that Lundin Energy AB generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Lundin Energy AB:

  • The MRQ is -1.7%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.7%TTM-0.8%-0.8%
TTM-0.8%YOY731.2%-732.0%
TTM-0.8%5Y147.2%-148.0%
5Y147.2%10Y73.1%+74.1%
1.1.3. Return on Equity

Shows how efficient Lundin Energy AB is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • -2.3% Return on Equity means Lundin Energy AB generated $-0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Lundin Energy AB:

  • The MRQ is -2.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.3%TTM-1.2%-1.1%
TTM-1.2%YOY890.9%-892.1%
TTM-1.2%5Y178.0%-179.1%
5Y178.0%10Y-473.3%+651.3%

1.2. Operating Efficiency of Lundin Energy AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Lundin Energy AB is operating .

  • Measures how much profit Lundin Energy AB makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • An Operating Margin of -282.6% means the company generated $-2.83  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Lundin Energy AB:

  • The MRQ is -282.6%. The company is operating very inefficient. -2
  • The TTM is -92.9%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-282.6%TTM-92.9%-189.7%
TTM-92.9%YOY31.8%-124.7%
TTM-92.9%5Y19.4%-112.3%
5Y19.4%10Y-19.6%+39.0%
1.2.2. Operating Ratio

Measures how efficient Lundin Energy AB is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • An Operation Ratio of 4.35 means that the operating costs are $4.35 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Lundin Energy AB:

  • The MRQ is 4.348. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.991. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ4.348TTM1.991+2.357
TTM1.991YOY0.355+1.636
TTM1.9915Y0.728+1.263
5Y0.72810Y1.015-0.287

1.3. Liquidity of Lundin Energy AB.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Lundin Energy AB is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A Current Ratio of 2.34 means the company has $2.34 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Lundin Energy AB:

  • The MRQ is 2.344. The company is able to pay all its short-term debts. +1
  • The TTM is 1.383. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ2.344TTM1.383+0.962
TTM1.383YOY1.467-0.084
TTM1.3835Y0.878+0.505
5Y0.87810Y1.026-0.148
1.3.2. Quick Ratio

Measures if Lundin Energy AB is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • A Quick Ratio of 2.44 means the company can pay off $2.44 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Lundin Energy AB:

  • The MRQ is 2.443. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.403. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ2.443TTM1.403+1.040
TTM1.403YOY1.068+0.334
TTM1.4035Y0.732+0.671
5Y0.73210Y0.632+0.100

1.4. Solvency of Lundin Energy AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Lundin Energy AB assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Lundin Energy AB to Utilities - Renewable industry mean.
  • A Debt to Asset Ratio of 0.26 means that Lundin Energy AB assets are financed with 26.4% credit (debt) and the remaining percentage (100% - 26.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Lundin Energy AB:

  • The MRQ is 0.264. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.239. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.264TTM0.239+0.025
TTM0.239YOY0.672-0.433
TTM0.2395Y0.942-0.704
5Y0.94210Y0.955-0.013
1.4.2. Debt to Equity Ratio

Measures if Lundin Energy AB is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • A Debt to Equity ratio of 36.1% means that company has $0.36 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Lundin Energy AB:

  • The MRQ is 0.361. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.319. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.361TTM0.319+0.042
TTM0.319YOY0.126+0.193
TTM0.3195Y0.089+0.230
5Y0.08910Y159.853-159.764

2. Market Valuation of Lundin Energy AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Lundin Energy AB generates.

  • Above 15 is considered overpriced but always compare Lundin Energy AB to the Utilities - Renewable industry mean.
  • A PE ratio of -6.16 means the investor is paying $-6.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Lundin Energy AB:

  • The EOD is -5.983. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.156. Based on the earnings, the company is expensive. -2
  • The TTM is 75.377. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.983MRQ-6.156+0.173
MRQ-6.156TTM75.377-81.533
TTM75.377YOY18.129+57.248
TTM75.3775Y26.402+48.975
5Y26.40210Y1.969+24.433
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Lundin Energy AB:

  • The EOD is 41.880. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 43.094. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 5.655. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD41.880MRQ43.094-1.214
MRQ43.094TTM5.655+37.439
TTM5.655YOY24.801-19.146
TTM5.6555Y-2.072+7.727
5Y-2.07210Y-57.479+55.406
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Lundin Energy AB is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Utilities - Renewable industry mean).
  • A PB ratio of 0.56 means the investor is paying $0.56 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Lundin Energy AB:

  • The EOD is 0.545. Based on the equity, the company is cheap. +2
  • The MRQ is 0.561. Based on the equity, the company is cheap. +2
  • The TTM is 0.903. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.545MRQ0.561-0.016
MRQ0.561TTM0.903-0.342
TTM0.903YOY-4.247+5.149
TTM0.9035Y-4.723+5.625
5Y-4.72310Y-14.140+9.417
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Lundin Energy AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.013-0.016+24%1.932-101%0.087-115%-0.076+495%
Book Value Per Share--1.2661.331-5%-1.526+221%-3.709+393%-1.501+219%
Current Ratio--2.3441.383+70%1.467+60%0.878+167%1.026+128%
Debt To Asset Ratio--0.2640.239+10%0.672-61%0.942-72%0.955-72%
Debt To Equity Ratio--0.3610.319+13%0.126+185%0.089+305%159.853-100%
Dividend Per Share---0.024-100%0.394-100%0.308-100%0.209-100%
Eps---0.029-0.021-26%12.879-100%2.844-101%1.416-102%
Free Cash Flow Per Share--0.0040.036-89%1.353-100%0.799-99%0.165-98%
Free Cash Flow To Equity Per Share--0.0290.075-61%0.149-80%0.065-55%0.018+63%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--45.737--------
Intrinsic Value_10Y_min---28.691--------
Intrinsic Value_1Y_max--4.027--------
Intrinsic Value_1Y_min--0.060--------
Intrinsic Value_3Y_max--12.523--------
Intrinsic Value_3Y_min---2.362--------
Intrinsic Value_5Y_max--21.531--------
Intrinsic Value_5Y_min---7.549--------
Market Cap197288244.480-4%205102701.950347962648.935-41%5744268450.655-96%6438278042.580-97%9662745793.117-98%
Net Profit Margin---3.348-1.170-65%0.223-1602%-0.064-98%-0.250-93%
Operating Margin---2.826-0.929-67%0.318-989%0.194-1556%-0.196-93%
Operating Ratio--4.3481.991+118%0.355+1125%0.728+497%1.015+328%
Pb Ratio0.545-3%0.5610.903-38%-4.247+857%-4.723+942%-14.140+2621%
Pe Ratio-5.983+3%-6.15675.377-108%18.129-134%26.402-123%1.969-413%
Price Per Share0.690-3%0.7101.210-41%20.090-96%21.594-97%20.016-96%
Price To Free Cash Flow Ratio41.880-3%43.0945.655+662%24.801+74%-2.072+105%-57.479+233%
Price To Total Gains Ratio-53.900+3%-55.463-21.249-62%2.317-2494%-0.241-100%16.224-442%
Quick Ratio--2.4431.403+74%1.068+129%0.732+234%0.632+287%
Return On Assets---0.017-0.008-49%7.312-100%1.472-101%0.731-102%
Return On Equity---0.023-0.012-49%8.909-100%1.780-101%-4.733+20543%
Total Gains Per Share---0.0130.008-263%2.326-101%0.394-103%0.133-110%
Usd Book Value--365614600.000382975885.000-5%-436114397.500+219%-1082797925.500+396%-457012841.500+225%
Usd Book Value Change Per Share---0.013-0.016+24%1.932-101%0.087-115%-0.076+495%
Usd Book Value Per Share--1.2661.331-5%-1.526+221%-3.709+393%-1.501+219%
Usd Dividend Per Share---0.024-100%0.394-100%0.308-100%0.209-100%
Usd Eps---0.029-0.021-26%12.879-100%2.844-101%1.416-102%
Usd Free Cash Flow--1189870.00010300502.312-88%387059302.500-100%231272330.462-99%43722044.981-97%
Usd Free Cash Flow Per Share--0.0040.036-89%1.353-100%0.799-99%0.165-98%
Usd Free Cash Flow To Equity Per Share--0.0290.075-61%0.149-80%0.065-55%0.018+63%
Usd Market Cap197288244.480-4%205102701.950347962648.935-41%5744268450.655-96%6438278042.580-97%9662745793.117-98%
Usd Price Per Share0.690-3%0.7101.210-41%20.090-96%21.594-97%20.016-96%
Usd Profit---8329090.000-4245672.500-49%3684838092.500-100%816018254.500-101%384663337.000-102%
Usd Revenue--2487910.0008518387.500-71%-1036944662.500+41779%291442431.000-99%328571783.500-99%
Usd Total Gains Per Share---0.0130.008-263%2.326-101%0.394-103%0.133-110%
 EOD+4 -4MRQTTM+7 -28YOY+9 -265Y+8 -2710Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Lundin Energy AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-5.983
Price to Book Ratio (EOD)Between0-10.545
Net Profit Margin (MRQ)Greater than0-3.348
Operating Margin (MRQ)Greater than0-2.826
Quick Ratio (MRQ)Greater than12.443
Current Ratio (MRQ)Greater than12.344
Debt to Asset Ratio (MRQ)Less than10.264
Debt to Equity Ratio (MRQ)Less than10.361
Return on Equity (MRQ)Greater than0.15-0.023
Return on Assets (MRQ)Greater than0.05-0.017
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Lundin Energy AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.729
Ma 20Greater thanMa 500.643
Ma 50Greater thanMa 1000.688
Ma 100Greater thanMa 2000.692
OpenGreater thanClose0.690
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets459,100
Total Liabilities121,100
Total Stockholder Equity335,800
 As reported
Total Liabilities 121,100
Total Stockholder Equity+ 335,800
Total Assets = 459,100

Assets

Total Assets459,100
Total Current Assets28,600
Long-term Assets430,500
Total Current Assets
Cash And Cash Equivalents 19,900
Short-term Investments 3,800
Net Receivables 2,300
Other Current Assets 2,600
Total Current Assets  (as reported)28,600
Total Current Assets  (calculated)28,600
+/-0
Long-term Assets
Property Plant Equipment 273,500
Long-term Assets Other 3,800
Long-term Assets  (as reported)430,500
Long-term Assets  (calculated)277,300
+/- 153,200

Liabilities & Shareholders' Equity

Total Current Liabilities12,200
Long-term Liabilities108,900
Total Stockholder Equity335,800
Total Current Liabilities
Short-term Debt 700
Short Long Term Debt 700
Accounts payable 11,100
Other Current Liabilities 400
Total Current Liabilities  (as reported)12,200
Total Current Liabilities  (calculated)12,900
+/- 700
Long-term Liabilities
Long term Debt 91,800
Long-term Liabilities  (as reported)108,900
Long-term Liabilities  (calculated)91,800
+/- 17,100
Total Stockholder Equity
Common Stock400
Retained Earnings 26,600
Other Stockholders Equity 308,800
Total Stockholder Equity (as reported)335,800
Total Stockholder Equity (calculated)335,800
+/-0
Other
Capital Stock400
Cash and Short Term Investments 23,700
Common Stock Shares Outstanding 288,877
Liabilities and Stockholders Equity 459,100
Net Debt 72,600
Net Invested Capital 428,300
Net Working Capital 16,400
Short Long Term Debt Total 92,500



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
3,029,279
2,719,990
2,321,604
2,538,093
2,429,136
2,546,558
2,668,529
2,657,542
2,689,944
2,933,929
2,930,413
3,389,134
3,293,726
3,402,000
3,476,200
3,986,300
4,374,500
4,806,000
5,238,700
5,540,700
5,092,000
5,142,500
5,711,000
5,669,700
4,785,300
5,194,700
5,822,600
6,265,300
5,202,100
5,345,500
5,110,000
5,582,000
5,528,800
5,983,300
6,081,600
6,176,000
5,842,500
6,174,100
6,384,200
5,890,000
6,154,500
5,163,000
5,625,600
5,923,700
6,653,200
6,902,600
7,190,900
7,632,500
7,907,500
8,404,500
446,800
449,100
480,400
452,100
468,500
459,100
459,100468,500452,100480,400449,100446,8008,404,5007,907,5007,632,5007,190,9006,902,6006,653,2005,923,7005,625,6005,163,0006,154,5005,890,0006,384,2006,174,1005,842,5006,176,0006,081,6005,983,3005,528,8005,582,0005,110,0005,345,5005,202,1006,265,3005,822,6005,194,7004,785,3005,669,7005,711,0005,142,5005,092,0005,540,7005,238,7004,806,0004,374,5003,986,3003,476,2003,402,0003,293,7263,389,1342,930,4132,933,9292,689,9442,657,5422,668,5292,546,5582,429,1362,538,0932,321,6042,719,9903,029,279000
   > Total Current Assets 
0
0
0
273,789
642,445
284,446
400,914
284,950
285,660
215,032
269,294
298,004
373,474
309,467
423,353
335,808
341,100
307,600
315,300
378,400
363,800
332,900
269,000
659,200
579,400
654,000
605,900
541,500
626,200
570,000
655,300
491,600
899,200
416,200
483,900
417,200
461,600
517,100
451,600
356,600
426,600
348,000
382,300
486,800
353,700
332,100
460,300
432,300
652,400
930,400
1,375,600
7,732,100
8,206,600
198,500
72,900
41,300
45,200
40,200
28,600
28,60040,20045,20041,30072,900198,5008,206,6007,732,1001,375,600930,400652,400432,300460,300332,100353,700486,800382,300348,000426,600356,600451,600517,100461,600417,200483,900416,200899,200491,600655,300570,000626,200541,500605,900654,000579,400659,200269,000332,900363,800378,400315,300307,600341,100335,808423,353309,467373,474298,004269,294215,032285,660284,950400,914284,446642,445273,789000
       Cash And Cash Equivalents 
0
0
0
76,916
85,326
89,874
53,545
48,703
26,564
38,127
98,075
73,597
137,610
90,641
156,918
97,425
125,100
86,500
97,400
92,700
94,900
73,100
111,900
80,500
51,900
93,000
53,000
71,900
68,100
34,400
48,800
69,500
56,300
74,200
91,000
71,400
100,600
96,500
75,100
66,800
80,500
100,700
95,100
85,300
89,800
74,900
129,200
82,500
160,000
310,600
853,100
130,000
130,000
187,100
62,400
28,700
36,900
28,000
19,900
19,90028,00036,90028,70062,400187,100130,000130,000853,100310,600160,00082,500129,20074,90089,80085,30095,100100,70080,50066,80075,10096,500100,60071,40091,00074,20056,30069,50048,80034,40068,10071,90053,00093,00051,90080,500111,90073,10094,90092,70097,40086,500125,10097,425156,91890,641137,61073,59798,07538,12726,56448,70353,54589,87485,32676,916000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,056
0
0
0
3,200
0
5,400
0
0
0
0
0
0
0
2,500
15,800
800
3,400
6,500
21,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,600
2,700
2,000
8,300
3,800
3,8008,3002,0002,7006,600000000000000000000021,6006,5003,40080015,8002,50000000005,40003,2000009,056000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
219,900
0
0
0
0
0
0
0
0
0
0
208,100
309,700
306,000
275,100
258,500
322,500
383,600
192,400
203,200
146,400
201,700
325,600
227,000
178,700
262,000
252,100
285,500
437,600
319,600
133,700
9,800
11,400
400
300
400
1,100
2,300
2,3001,10040030040011,4009,800133,700319,600437,600285,500252,100262,000178,700227,000325,600201,700146,400203,200192,400383,600322,500258,500275,100306,000309,700208,1000000000000219,900000000000000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,800
0
0
0
0
0
0
0
0
0
0
568,100
100
21,600
7,700
37,300
31,700
-65,900
34,000
23,500
6,900
0
11,300
0
0
0
12,100
2,000
2,100
6,300
7,468,200
8,066,800
0
3,500
9,600
5,900
2,800
2,600
2,6002,8005,9009,6003,50008,066,8007,468,2006,3002,1002,00012,10000011,30006,90023,50034,000-65,90031,70037,3007,70021,600100568,100000000000015,800000000000000000000000
   > Long-term Assets 
0
0
0
2,660,769
2,077,545
2,037,158
2,137,179
2,144,186
2,260,898
2,453,497
2,388,248
2,391,940
2,560,455
2,620,946
2,965,781
2,957,918
3,060,900
3,168,600
3,671,000
3,996,100
4,442,200
4,905,800
5,271,700
4,432,800
4,563,100
5,057,000
5,063,800
4,243,800
4,568,500
5,252,600
5,610,000
4,710,500
4,446,300
4,693,800
5,098,100
5,111,600
5,521,700
5,564,500
5,724,400
5,485,900
5,747,500
6,036,200
5,507,700
5,667,700
4,809,300
5,293,500
5,463,400
6,220,900
6,250,200
6,260,500
6,256,900
175,400
197,900
248,300
376,200
439,100
406,900
428,300
430,500
430,500428,300406,900439,100376,200248,300197,900175,4006,256,9006,260,5006,250,2006,220,9005,463,4005,293,5004,809,3005,667,7005,507,7006,036,2005,747,5005,485,9005,724,4005,564,5005,521,7005,111,6005,098,1004,693,8004,446,3004,710,5005,610,0005,252,6004,568,5004,243,8005,063,8005,057,0004,563,1004,432,8005,271,7004,905,8004,442,2003,996,1003,671,0003,168,6003,060,9002,957,9182,965,7812,620,9462,560,4552,391,9402,388,2482,453,4972,260,8982,144,1862,137,1792,037,1582,077,5452,660,769000
       Property Plant Equipment 
0
0
0
2,526,494
1,957,540
1,920,682
1,974,101
2,014,242
2,161,526
2,362,364
2,325,921
2,345,354
2,522,086
2,526,191
2,870,208
2,913,813
3,020,300
3,125,300
3,610,300
3,936,900
4,288,600
4,714,500
4,975,600
4,382,900
4,460,400
4,879,900
4,836,200
4,219,700
4,510,000
5,056,000
5,366,900
4,542,500
4,291,500
4,542,000
4,932,600
4,950,300
5,328,900
5,393,300
5,555,800
5,354,700
5,618,500
5,907,700
5,366,600
5,522,600
4,634,600
5,059,300
5,222,100
5,947,600
5,966,200
5,963,000
5,943,900
31,600
45,000
64,800
199,100
251,400
244,500
271,400
273,500
273,500271,400244,500251,400199,10064,80045,00031,6005,943,9005,963,0005,966,2005,947,6005,222,1005,059,3004,634,6005,522,6005,366,6005,907,7005,618,5005,354,7005,555,8005,393,3005,328,9004,950,3004,932,6004,542,0004,291,5004,542,5005,366,9005,056,0004,510,0004,219,7004,836,2004,879,9004,460,4004,382,9004,975,6004,714,5004,288,6003,936,9003,610,3003,125,3003,020,3002,913,8132,870,2082,526,1912,522,0862,345,3542,325,9212,362,3642,161,5262,014,2421,974,1011,920,6821,957,5402,526,494000
       Goodwill 
0
0
0
670
674
674
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127,100
127,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
128,100
0
0
0
0
0
0
0
0
00000000128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100128,100127,100127,10000000000000000000000000674674670000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,700
11,800
10,800
6,700
7,000
400
400
3,100
900
400
700
1,900
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,9007004009003,1004004007,0006,70010,80011,80026,70000000000000000000000000000000000
       Intangible Assets 
0
0
0
20,934
4,802
3,071
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000003,0714,80220,934000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,900
26,600
26,500
57,700
42,700
40,100
2,700
500
0
12,300
15,100
12,500
27,600
28,100
33,800
42,000
39,500
39,100
35,100
33,400
129,500
121,600
132,700
0
120,700
0
0120,7000132,700121,600129,50033,40035,10039,10039,50042,00033,80028,10027,60012,50015,10012,30005002,70040,10042,70057,70026,50026,60011,900000000000000000000000000000000000
> Total Liabilities 
0
0
0
1,798,823
1,485,082
1,455,542
1,599,291
1,431,355
1,459,777
1,494,492
1,547,706
1,619,638
1,754,197
1,758,791
2,105,251
2,043,673
2,158,700
2,268,800
2,751,700
3,107,700
3,526,500
4,009,300
4,422,600
4,626,300
4,971,600
5,412,400
5,640,600
5,259,400
5,492,200
5,612,500
5,829,800
5,554,300
6,023,700
5,647,600
5,831,200
5,879,600
6,062,200
6,299,500
6,322,800
6,226,500
7,004,400
7,185,900
7,689,900
7,753,300
7,738,500
7,935,200
8,049,300
8,422,300
8,955,500
9,075,800
9,324,000
9,326,800
9,315,000
81,000
97,800
96,800
98,500
127,500
121,100
121,100127,50098,50096,80097,80081,0009,315,0009,326,8009,324,0009,075,8008,955,5008,422,3008,049,3007,935,2007,738,5007,753,3007,689,9007,185,9007,004,4006,226,5006,322,8006,299,5006,062,2005,879,6005,831,2005,647,6006,023,7005,554,3005,829,8005,612,5005,492,2005,259,4005,640,6005,412,4004,971,6004,626,3004,422,6004,009,3003,526,5003,107,7002,751,7002,268,8002,158,7002,043,6732,105,2511,758,7911,754,1971,619,6381,547,7061,494,4921,459,7771,431,3551,599,2911,455,5421,485,0821,798,823000
   > Total Current Liabilities 
0
0
0
256,092
288,225
200,453
313,666
184,997
217,220
312,884
303,118
402,815
422,630
418,854
489,134
432,304
410,300
388,100
498,700
492,400
527,000
620,700
604,000
648,000
558,000
513,700
545,500
421,500
503,000
483,900
575,700
353,100
867,000
309,300
362,400
273,700
251,200
298,700
289,500
307,500
877,300
790,000
634,700
813,300
1,276,800
1,229,700
1,596,400
834,200
1,714,000
1,928,100
2,115,000
9,326,800
9,315,000
81,000
42,700
46,800
54,000
27,400
12,200
12,20027,40054,00046,80042,70081,0009,315,0009,326,8002,115,0001,928,1001,714,000834,2001,596,4001,229,7001,276,800813,300634,700790,000877,300307,500289,500298,700251,200273,700362,400309,300867,000353,100575,700483,900503,000421,500545,500513,700558,000648,000604,000620,700527,000492,400498,700388,100410,300432,304489,134418,854422,630402,815303,118312,884217,220184,997313,666200,453288,225256,092000
       Short-term Debt 
0
0
0
0
0
0
0
450
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35,600
134,400
0
150,000
193,400
250,900
0
4,000,600
12,400
4,033,300
3,880,000
3,751,300
3,648,500
0
0
5,300
5,300
5,000
97,500
4,600
205,900
591,000
5,700
34,400
34,500
28,300
0
0
0
0
0
39,700
2,000
700
7002,00039,7000000028,30034,50034,4005,700591,000205,9004,60097,5005,0005,3005,300003,648,5003,751,3003,880,0004,033,30012,4004,000,6000250,900193,400150,0000134,40035,600000000000000000004500000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,000,600
4,073,000
4,033,300
3,880,000
3,751,300
3,648,500
0
0
5,300
11,800
0
92,000
0
201,000
586,000
400
34,400
0
0
0
0
0
0
0
39,700
2,000
700
7002,00039,700000000034,400400586,000201,000092,000011,8005,300003,648,5003,751,3003,880,0004,033,3004,073,0004,000,60000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
16,031
0
0
0
16,546
0
0
0
15,718
12,600
16,100
9,800
19,400
13,100
10,400
17,500
23,900
7,100
27,300
19,200
23,100
21,500
14,100
10,600
13,300
21,200
22,900
29,000
30,100
17,800
25,800
24,400
26,600
37,800
19,000
9,000
17,800
68,500
15,600
83,200
8,700
7,600
62,400
14,500
4,200
4,200
75,200
21,400
1,400
14,000
25,000
11,100
11,10025,00014,0001,40021,40075,2004,2004,20014,50062,4007,6008,70083,20015,60068,50017,8009,00019,00037,80026,60024,40025,80017,80030,10029,00022,90021,20013,30010,60014,10021,50023,10019,20027,3007,10023,90017,50010,40013,10019,4009,80016,10012,60015,71800016,54600016,0310000000
       Other Current Liabilities 
0
0
0
0
288,225
200,453
313,666
168,516
217,220
312,884
303,118
386,269
422,630
418,854
489,134
416,586
397,700
372,000
488,900
473,000
513,900
610,300
586,500
624,100
550,900
450,800
391,900
398,400
331,500
276,400
314,200
339,800
845,800
274,000
333,400
243,600
233,400
272,900
265,100
280,900
834,200
765,700
620,700
698,000
1,203,700
1,008,200
922,200
819,800
1,672,000
1,831,200
2,072,200
9,324,200
9,310,800
5,800
21,300
45,400
300
400
400
40040030045,40021,3005,8009,310,8009,324,2002,072,2001,831,2001,672,000819,800922,2001,008,2001,203,700698,000620,700765,700834,200280,900265,100272,900233,400243,600333,400274,000845,800339,800314,200276,400331,500398,400391,900450,800550,900624,100586,500610,300513,900473,000488,900372,000397,700416,586489,134418,854422,630386,269303,118312,884217,220168,516313,666200,453288,2250000
   > Long-term Liabilities 
0
0
0
1,542,731
1,196,857
1,255,089
1,285,625
1,246,358
1,242,557
1,181,608
1,244,588
1,216,823
1,331,567
1,339,937
1,616,117
1,611,369
1,748,400
1,880,700
2,253,000
2,615,300
2,999,500
3,388,600
3,818,600
3,978,300
4,413,600
4,898,700
5,095,100
4,837,900
4,989,200
5,128,600
5,254,100
5,201,200
5,156,700
5,338,300
5,468,800
5,605,900
5,811,000
6,000,800
6,033,300
5,919,000
6,127,100
6,395,900
7,055,200
6,940,000
6,461,700
6,705,500
6,452,900
7,588,100
7,241,500
7,147,700
7,209,000
0
0
0
55,100
50,000
44,500
100,100
108,900
108,900100,10044,50050,00055,1000007,209,0007,147,7007,241,5007,588,1006,452,9006,705,5006,461,7006,940,0007,055,2006,395,9006,127,1005,919,0006,033,3006,000,8005,811,0005,605,9005,468,8005,338,3005,156,7005,201,2005,254,1005,128,6004,989,2004,837,9005,095,1004,898,7004,413,6003,978,3003,818,6003,388,6002,999,5002,615,3002,253,0001,880,7001,748,4001,611,3691,616,1171,339,9371,331,5671,216,8231,244,5881,181,6081,242,5571,246,3581,285,6251,255,0891,196,8571,542,731000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,156,100
1,265,300
1,435,500
1,725,900
2,059,700
2,352,300
2,618,500
2,657,000
2,891,100
3,082,400
3,029,600
3,051,600
2,762,700
3,115,600
3,272,200
3,604,200
3,622,500
3,667,000
3,729,400
0
0
0
14,600
19,200
0
17,100
0
017,100019,20014,6000003,729,4003,667,0003,622,5003,604,2003,272,2003,115,6002,762,7003,051,6003,029,6003,082,4002,891,1002,657,0002,618,5002,352,3002,059,7001,725,9001,435,5001,265,3001,156,10000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
1,135,735
1,140,844
776,976
858,096
920,416
1,007,253
1,095,071
1,038,614
1,000,882
1,107,441
1,105,081
1,215,767
1,182,405
1,177,900
1,145,800
1,173,600
1,207,000
1,224,300
1,173,700
1,069,900
431,500
136,900
264,900
900
-498,200
-322,800
184,900
410,900
-238,600
-563,400
-421,800
-249,200
-350,800
-78,900
-217,900
-146,800
-384,000
-830,300
-801,700
-1,799,900
-1,598,800
-2,575,500
-2,309,600
-2,125,600
-1,769,100
-2,052,900
-1,884,900
-1,691,500
-1,419,300
-910,500
365,800
343,900
374,700
350,500
338,800
335,800
335,800338,800350,500374,700343,900365,800-910,500-1,419,300-1,691,500-1,884,900-2,052,900-1,769,100-2,125,600-2,309,600-2,575,500-1,598,800-1,799,900-801,700-830,300-384,000-146,800-217,900-78,900-350,800-249,200-421,800-563,400-238,600410,900184,900-322,800-498,200900264,900136,900431,5001,069,9001,173,7001,224,3001,207,0001,173,6001,145,8001,177,9001,182,4051,215,7671,105,0811,107,4411,000,8821,038,6141,095,0711,007,253920,416858,096776,9761,140,8441,135,735000
   Common Stock
0
0
0
0
0
0
0
463
0
0
0
463
0
0
0
463
0
0
0
500
0
0
0
500
0
0
0
500
0
0
0
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
500
400
400
400
4004004005005005005005005005005005005005005005005005005005005005005005005005005005000005000005000005000004630004630004630000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000000000000000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
417,430
0
0
0
337,759
0
0
0
411,121
0
0
0
358,100
0
0
0
8,800
0
0
0
-64,300
0
0
0
548,300
0
0
0
82,200
124,400
-51,600
0
-178,600
-680,900
-247,400
-1,767,300
-245,800
-913,200
-751,200
-781,000
-445,500
-799,600
-798,700
-744,300
-83,400
-44,500
375,000
-11,827,700
379,900
303,900
305,000
308,800
308,800305,000303,900379,900-11,827,700375,000-44,500-83,400-744,300-798,700-799,600-445,500-781,000-751,200-913,200-245,800-1,767,300-247,400-680,900-178,6000-51,600124,40082,200000548,300000-64,3000008,800000358,100000411,121000337,759000417,4300000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue30,621
Cost of Revenue--
Gross Profit-30,621
 
Operating Income (+$)
Gross Profit-
Operating Expense-41,212
Operating Income-10,591-41,212
 
Operating Expense (+$)
Research Development-
Selling General Administrative16,812
Selling And Marketing Expenses-
Operating Expense41,21216,812
 
Net Interest Income (+$)
Interest Income5,218
Interest Expense-3,646
Other Finance Cost-27
Net Interest Income1,599
 
Pretax Income (+$)
Operating Income-10,591
Net Interest Income1,599
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-13,854-10,591
EBIT - interestExpense = -3,646
-272,802
-269,156
Interest Expense3,646
Earnings Before Interest and Taxes (EBIT)--10,208
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-13,854
Tax Provision-1,297
Net Income From Continuing Ops-15,151-15,151
Net Income-272,802
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net--1,599
 

Technical Analysis of Lundin Energy AB
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Lundin Energy AB. The general trend of Lundin Energy AB is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Lundin Energy AB's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Lundin Energy AB.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.8 < 0.8 < 0.8.

The bearish price targets are: 0.65 > 0.65 > 0.65.

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Lundin Energy AB Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Lundin Energy AB. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Lundin Energy AB Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Lundin Energy AB. The current macd is -0.00226298.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Lundin Energy AB price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Lundin Energy AB. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Lundin Energy AB price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Lundin Energy AB Daily Moving Average Convergence/Divergence (MACD) ChartLundin Energy AB Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Lundin Energy AB. The current adx is 42.59.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Lundin Energy AB shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Lundin Energy AB Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Lundin Energy AB. The current sar is 0.60352848.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Lundin Energy AB Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Lundin Energy AB. The current rsi is 69.73. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Lundin Energy AB Daily Relative Strength Index (RSI) ChartLundin Energy AB Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Lundin Energy AB. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Lundin Energy AB price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Lundin Energy AB Daily Stochastic Oscillator ChartLundin Energy AB Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Lundin Energy AB. The current cci is 205.86.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Lundin Energy AB Daily Commodity Channel Index (CCI) ChartLundin Energy AB Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Lundin Energy AB. The current cmo is 67.23.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Lundin Energy AB Daily Chande Momentum Oscillator (CMO) ChartLundin Energy AB Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Lundin Energy AB. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Lundin Energy AB Daily Williams %R ChartLundin Energy AB Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Lundin Energy AB.

Lundin Energy AB Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Lundin Energy AB. The current atr is 0.00653063.

Lundin Energy AB Daily Average True Range (ATR) ChartLundin Energy AB Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Lundin Energy AB. The current obv is 44,300.

Lundin Energy AB Daily On-Balance Volume (OBV) ChartLundin Energy AB Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Lundin Energy AB. The current mfi is 71.82.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Lundin Energy AB Daily Money Flow Index (MFI) ChartLundin Energy AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Lundin Energy AB.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-10MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Lundin Energy AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Lundin Energy AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.729
Ma 20Greater thanMa 500.643
Ma 50Greater thanMa 1000.688
Ma 100Greater thanMa 2000.692
OpenGreater thanClose0.690
Total1/5 (20.0%)
Penke

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