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Aker BP ASA

AKERBP.OL

Latest Trade

269.80NOK

Change

-1.40(-0.52%)

Volume

459,468

Today's Range

268.00

 - 

273.00

52 Week Range

212.20

 - 

319.20

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
271.20
Open
271.50
Volume
459,468
3M AVG Volume
14.18
Today's High
273.00
Today's Low
268.00
52 Week High
319.20
52 Week Low
212.20
Shares Out (MIL)
360.11
Market Cap (MIL)
96,375.09
Forward P/E
40.78
Dividend (Yield %)
7.09

Next Event

Q4 2019 Aker BP ASA Earnings Release

Latest Developments

More

S&P Global Ratings Upgrades Aker BP To BBB-, Stable Outlook

Maersk Drilling Secures Contract Extension Offshore Norway

Aker BP says not in a hurry to resolve NOAKA development plans

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About Aker BP ASA

Aker BP ASA, formerly Det norske Oljeselskap ASA, is a Norway-based oil company engaged in the exploration, development and production of petroleum resources on the Norwegian continental shelf, including the North Sea, the Norwegian Sea and the Barents Sea. The Company has production assets in Alvheim, Hod, Vilje, Boyla, Volund, Valhall, Ula, Tambar, Atla, Enoch, Varg, Skarv, Jotun, Jette, among others. The Company works on various development projects, such as Ivar Aasen, Gina Krog and Johan Sverdrup. The Company operates domestically through number of branch offices in Trondheim, Stavanger, Harstad and Sandnessjoen. The Company operates primarily in the mature areas of the North Sea. The remaining resources are invested primarily in the Barents Sea and in the more immature areas in the North Sea.

Industry

Oil & Gas Operations

Contact Info

Fornebuporten

Building B, Oksenoyveien 10

+47.51.353000

https://www.akerbp.com/

Executive Leadership

Oyvind Eriksen

Chairman of the Board

Karl Johnny Hersvik

Chief Executive Officer

Anne Marie Cannon

Deputy Chairman of the Board

David Torvik Tonne

Chief Financial Officer

Kjetel Digre

Senior Vice President Operations & Asset Development

Key Stats

2.17 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

1.4K

2017

2.6K

2018

3.8K

2019(E)

3.3K
EPS (USD)

2016

0.450

2017

0.960

2018

1.380

2019(E)

0.728
Price To Earnings (TTM)
126.56
Price To Sales (TTM)
3.28
Price To Book (MRQ)
4.34
Price To Cash Flow (TTM)
12.06
Total Debt To Equity (MRQ)
134.26
LT Debt To Equity (MRQ)
119.95
Return on Investment (TTM)
0.87
Return on Equity (TTM)
0.70

Latest News

Latest News

UPDATE 2-Aker BP cuts 2019 oil output guidance after North Sea field delay

* Sverdrup field comes on stream ahead of schedule (Adds output detail, dividend, share price)

UPDATE 2-Aker BP makes oil discovery off Norway

* Q2 net income $62 mln vs $128 mln a year ago (Adds comment on Sverdrup field, share)

REFILE-FOCUS-Norway's Aker BP switching gears from M&A to exploration

* Aker BP controlled by Norwegian billionaire Kjell Inge Roekke

Focus: Norway's Aker BP switching gears from M&A to exploration

Norwegian oil and gas company Aker BP is switching emphasis from M&A towards exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new barrels.

UPDATE 2-Aker BP misses profit forecast, but raises dividend

* Plans to pay $750 mln in dividend in 2019 (Adds details, comment)

Aker BP raises dividend while Q4 profit lags forecast

Aker BP posted a smaller-than-expected increase in fourth-quarter earnings on Wednesday and raised its dividend amid strong cash from output growth and higher oil price.

Aker BP finds up to 153 mln barrels of oil equivalents in North Sea

Aker BP has discovered an oil and gas reservoir while drilling near its Alvheim field in the North Sea, the Norwegian firm said on Monday.

UPDATE 3-Oil firm Aker BP plans output, dividend hike

* Graphic: https://tmsnrt.rs/2AJTLJZ (Adds analysts, CFO, exploration head)

Oil firm Aker BP to hike dividend and spending in 2019

Norway's Aker BP will increase its dividend payments between now and 2023 and will step up its investment spending in developing oil and gas fields offshore Norway next year, the independent oil company said on Thursday.

Pandion Energy buys a stake in a Norwegian Sea license

Pandion Energy has acquired a 30 percent stake in production license 842 in the Norwegian Sea from Aker BP <AKERBP.OL>, the Oslo-headquartered company said on Monday.

Aker BP to control Norwegian oil platform from onshore next year

Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.

UPDATE 1-Aker BP beats Q3 profit forecasts, trims spending

Norway's Aker BP beat third-quarter operating profit forecasts on Friday helped by higher oil prices and trimmed its plans for capital and exploration spending.

Aker BP q3 operating profit beats forecast, spending falls

Aker BP's third-quarter operating profit rose more than expected, helped by a boom in oil prices, the Norwegian oil firm said on Friday, while reducing planned capital and exploration spending.

Aker BP, Maersk Drilling sign one-year rig contract off Norway

Maersk Drilling and Aker BP have signed a one-year contract to deploy the Maersk Integrator jack-up rig off Norway from June 2019, Aker BP said in a statement on Thursday.

Aker BP adds more acreage off Norway via $205 million deal with Total

Norway's independent oil firm Aker BP <AKERBP.OL> has agreed to buy stakes in 11 production licenses off Norway from French Total <TOTF.PA> for a cash consideration of $205 million, the company said on Tuesday.

Investment firm Aker sees higher dividend as net asset value rises

Investment firm Aker, controlled by billionaire Kjell Inge Roekke, expects to pay higher dividends as the value of its energy-heavy portfolio rise, CEO Oevind Eriksen told Reuters on Wednesday.

UPDATE 1-Norway oil strike: sides not talking, Aker BP warns of production hit

A four-day oil workers' strike in Norway that may escalate on Monday would have to last a month to impact Aker BP's production from the Valhall field in the North Sea, the Norwegian energy company said.

UPDATE 1-Norway's Aker BP raises 2018 dividend forecast, more to come

Norway's Aker BP will pay out $450 million in dividends for 2018, $100 million more than previously indicated, and has "a clear ambition" to raise them by the same amount each year to 2021, the oil company said on Monday.

Aker BP to raise dividends for 2018 by $100 mln, further increase ahead

Norway's Aker BP will increase dividends for 2018 by $100 million to $450 million, and has "a clear ambition" to grow dividends further by the same amount each year to 2021, the oil company said on Monday.

BRIEF-‍Aker BP produced 135,600 boe per day in Q4 2017, in line with guidance

* AKER BP ASA PRODUCED 135.6 THOUSAND BARRELS OF OIL EQUIVALENTS PER DAY («MBOEPD») IN Q4 2017

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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