Aker BP ASA (OSL: AKRBP)

Norway flag Norway · Delayed Price · Currency is NOK
253.90
-6.50 (-2.50%)
Aug 30, 2024, 4:29 PM CET
-12.15%
Market Cap 160.26B
Revenue (ttm) 144.09B
Net Income (ttm) 19.66B
Shares Out 631.20M
EPS (ttm) 31.15
PE Ratio 8.15
Forward PE 7.64
Dividend 25.23 (9.69%)
Ex-Dividend Date Jul 17, 2024
Volume 1,470,748
Open 262.00
Previous Close 260.40
Day's Range 253.20 - 263.40
52-Week Range 240.40 - 322.30
Beta 1.10
Analysts n/a
Price Target n/a
Earnings Date Oct 30, 2024

About Aker BP ASA

Aker BP ASA explores for, develops, and produces oil and gas on the Norwegian Continental Shelf. It operates Alvheim, Edvard Grieg, Ivar Aasen, Valhall, Skarv and Ula fields. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway. [Read more]

Sector Energy
Founded 2001
Employees 2,727
Stock Exchange Oslo Børs
Ticker Symbol AKRBP
Full Company Profile

Financial Performance

In 2023, Aker BP ASA's revenue was $13.67 billion, an increase of 5.36% compared to the previous year's $12.97 billion. Earnings were $1.34 billion, a decrease of -16.67%.

Financial numbers in USD Financial Statements

News

Norway Oil Output, Renewable Push Go Hand-in-Hand, Aker BP Says

Norway must make more area available for hydrocarbon exploration and scale up the country’s nascent renewable sector in order to protect domestic suppliers of parts and services, according to the head...

5 days ago - BNN Bloomberg

Aker BP: Strong Fundamentals, Quality Assets, And A 70% Upside Potential

Aker BP ASA with a Strong Buy rating and 70% potential upside, backed by strong fundamentals and low oil breakeven. Explore more details here.

9 days ago - Seeking Alpha

Aker BP: Strong Fundamentals, Quality Assets, And A 70% Upside Potential

Aker BP ASA with a Strong Buy rating and 70% potential upside, backed by strong fundamentals and low oil breakeven. Explore more details here.

9 days ago - Seeking Alpha

Aker BP: First quarter 2024 results

LYSAKER, Norway , April 24, 2024 /PRNewswire/ -- Aker BP delivered continued strong operational performance in the first quarter of 2024, with low cost and low emissions, and with all field developmen...

4 months ago - PRNewsWire

Norway's Sverdrup oilfield output to remain steady to 2025, says Aker BP

Production at the Equinor-operated Johan Sverdrup oilfield, the North Sea's largest, is expected to hold steady for another year, partner Aker BP said on Thursday.

7 months ago - Reuters

Norway's Aker BP Q4 profit lags expectations, capex to rise more than 50%

Norway's second-largest listed oil group Aker BP said on Thursday its capital spending was to increase by more than 50% in 2024 as the company develops new fields, and raised its quarterly dividend by...

7 months ago - Reuters

Aker BP - Fourth quarter 2023 results

LYSAKER, Norway, Feb. 8, 2024 /PRNewswire/ -- Aker BP delivered strong operational performance in the fourth quarter of 2023, with low cost and high efficiency, although production volumes were impact...

7 months ago - PRNewsWire

Aker BP awarded 27 licenses in APA 2023

LYSAKER, Norway., Jan. 16, 2024 /PRNewswire/ -- The Norwegian authorities are offering Aker BP ownership interest in 27 exploration licenses on the Norwegian continental shelf in the APA 2023 licensin...

8 months ago - PRNewsWire

Aker BP: Ex dividend USD 0.55 today

LYSAKER, Norway, Nov. 1, 2023 /PRNewswire/ -- The shares in Aker BP ASA will be traded ex dividend USD 0.55 (NOK 6.18822) per share as from today, 1 November 2023. The payment date will be on or about...

10 months ago - PRNewsWire

Aker BP: Key information related to cash dividend

LYSAKER, Norway, Oct. 27, 2023 /PRNewswire/ -- The following sets out the cash dividends to be paid by Aker BP in the fourth quarter 2023: Dividend amount: USD 0.55 per share(NOK 6.18822) Declared cur...

11 months ago - PRNewsWire

Aker BP reports third quarter 2023 results

FORNEBU, Norway , Oct. 27, 2023 /PRNewswire/ -- Aker BP continued its strong performance in the third quarter of 2023, bolstered by high operational efficiency, increased oil prices, and rigorous cost...

11 months ago - PRNewsWire

Employees buy shares in Aker BP

FORNEBU, Norway, Sept. 21, 2023 /PRNewswire/ -- Aker BP has received subscriptions from employees for a total of 866,210 shares at a discounted price of NOK 230.02 per share through the company's annu...

1 year ago - PRNewsWire

Norway's Aker BP may explore for seabed minerals, CEO says

Norway's second-largest listed oil and gas company, Aker BP , said it would consider applying for licenses to mine minerals from the seabed if parliament approves a plan for such exploration.

1 year ago - Reuters

Aker BP CEO says second-quarter results were ‘extremely positive'

Karl Johnny Hersvik, CEO of Aker BP, discusses the Norwegian oil group's second-quarter earnings and the firm's outlook for the rest of the year.

1 year ago - CNBC International TV

Aker BP raises guidance after Q2 profits jump on record oil production

Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record production offset weaker prices for oil and gas, and lifted its full-year product...

1 year ago - Reuters

Aker BP ASA Termination of SDR programme and buyback of shares

FORNEBU,Norway, July 10, 2023 /PRNewswire/ -- On 5 June 2023, Aker BP announced its intention to terminate its Swedish Depository Receipt (SDR) programme, and that it had entered into an irrevocable a...

1 year ago - PRNewsWire

Aker BP ASA announces pricing of Senior Notes Offering

NOT FOR PUBLIC RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION FORNEBU, ...

1 year ago - PRNewsWire

Subsea7 extends frame agreement with Aker BP

Luxembourg – 6 June 2023 - Subsea7 today announced an extension of its existing frame agreement with Aker BP for four years to the end of 2028. The agreement covers the provision of engineering, fabri...

1 year ago - GlobeNewsWire

Aker BP ASA: Mandatory notification of trade

LYSAKER, Norway , June 1, 2023 /PRNewswire/ -- David Torvik Tønne, CFO of Aker BP, has today purchased 4,000 shares in Aker BP ASA at an average price of NOK 242 per share. After this transaction, Mr.

1 year ago - PRNewsWire

Aker BP announces start-up of production from the Frosk field development in Alvheim

FORNEBU, Norway , March 14, 2023 /PRNewswire/ -- Aker BP is pleased to announce that the Frosk field development in the Alvheim area has been successfully completed and production has started on sched...

1 year ago - PRNewsWire

Fourth quarter 2022 results: Aker BP ASA

FORNEBU, Norway, Feb. 10, 2023 /PRNewswire/ -- Fourth quarter 2022 marked the end of a transformational year for Aker BP. Following the successful Lundin integration, the company has doubled its produ...

1 year ago - PRNewsWire

Aker BP ASA: Fourth quarter 2022 trading update

FORNEBU, Norway, Jan. 27, 2023 /PRNewswire/ -- Aker BP will publish its financial report for the fourth quarter 2022 on Friday 10 February 2023. The company issues this trading update to summarize its...

1 year ago - PRNewsWire

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

FORNEBU, Norway , Dec. 16, 2022 /PRNewswire/ -- Today, Aker BP and its partners are submitting a total of ten PDOs (plans for development and operation) and one plan for installation and operation (PI...

1 year ago - PRNewsWire

Aker BP's board approves field development projects

OSLO, Norway , Dec. 2, 2022 /PRNewswire/ -- Aker BP's board has approved that the operator Aker BP will vote in favour of submitting Plans for Development and Operation (PDO) for the NOAKA field devel...

1 year ago - PRNewsWire

20 big oil companies expected to be cash gushers in 2023 despite short-term uncertainty

The energy sector of the S&P 500 has been the year's best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries.

1 year ago - Market Watch