Aker BP ASA (AKRBY)

OTCMKTS · Delayed Price · Currency is USD
9.90
+0.86 (9.51%)
Dec 24, 2024, 4:00 PM EST
-22.23%
Market Cap 12.26B
Revenue (ttm) 12.87B
Net Income (ttm) 1.43B
Shares Out n/a
EPS (ttm) 2.27
PE Ratio 8.58
Forward PE n/a
Dividend 0.70 (6.22%)
Ex-Dividend Date Nov 12, 2024
Volume 266
Open 9.90
Previous Close 9.04
Day's Range 9.90 - 9.90
52-Week Range 9.03 - 14.40
Beta 1.09
Analysts n/a
Price Target n/a
Earnings Date Feb 12, 2025

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 OTCMKTS
Ticker Symbol AKRBY
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 Statements

News

Aker BP ASA (AKRBF) Q3 2024 Earnings Call Transcript

Aker BP ASA (OTCQX:AKRBF) Q3 2024 Earnings Conference Call October 30, 2024 3:30 AM ET Company Participants Karl Hersvik - Chief Executive Officer David Tønne - Chief Financial Officer Kjetil Bakken -...

7 weeks ago - Seeking Alpha

Aker BP reports third quarter 2024

LYSAKER, Norway , Oct. 30, 2024 /PRNewswire/ -- Aker BP delivered strong results in third quarter 2024, driven by high production efficiency, low costs, and low emissions. With production guidance rai...

2 months ago - PRNewsWire

Aker BP Q3 profit lags forecast

Norwegian oil company Aker BP , partly owned by BP , on Wednesday reported a bigger-than-expected decline in third-quarter operating profit.

2 months ago - Reuters

Aker BP: Maintain Patience Through The Inflection Point

Aker BP ASA, a smaller Norwegian oil company with a $13.5 billion market cap, faces high capital expenditures and declining production but has potential for future shareholder returns. The company's p...

2 months ago - Seeking Alpha

Aker BP: Third quarter 2024 trading update

LYSAKER, Norway , Oct. 14, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) will publish its report for the third quarter of 2024 on Wednesday, 30 October 2024. Today, the company provides preliminary produc...

2 months ago - PRNewsWire

Aker BP starts production at Tyrving oilfield amid government's legal battle over approval

Norway's Aker BP has started production at its Tyrving offshore oilfield, as the Norwegian government seeks to overturn a court ruling that its approval of the project was invalid because it failed to...

4 months ago - Reuters

Aker BP: Tyrving on stream

BÆRUM, Norway , Sept. 3, 2024 /PRNewswire/ -- Oil production has started from the Tyrving field in the Alvheim area.

4 months ago - PRNewsWire

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

Initiating coverage on Aker BP ASA with a "Strong Buy" rating and 70% base-case upside potential. Aker BP's strong fundamentals, large asset base, and an aggressive investment outlook support a bullis...

4 months ago - Seeking Alpha

Aker BP ASA (AKRBF) Q2 2024 Earnings Call Transcript

Aker BP ASA (OTCQX:AKRBF) Q2 2024 Earnings Conference Call July 12, 2024 2:30 AM ET Company Participants Karl Hersvik - CEO David Tonne - CFO Kjetil Bakken - Head of IR Conference Call Participants Jo...

6 months ago - Seeking Alpha

Aker BP reports second quarter 2024 results

LYSAKER, Norway, July 12, 2024 /PRNewswire/ -- Aker BP continued to demonstrate strong operational performance in the second quarter of 2024, characterised by high production efficiency, low cost, and...

6 months ago - PRNewsWire

Aker BP's Q2 profit rises less than expected, cuts output forecast

Norwegian oil company Aker BP , which is partly owned by BP , reported on Friday a lower-than-expected profit for the second quarter and lowered its full-year output outlook.

6 months ago - Reuters

Aker BP: Better Pick Than U.S. Shale Stocks

Aker BP ASA remains undervalued compared to US shale picks due to Norwegian markets being structurally undercovered. Production has been stable in the Q1 despite forecast declines over the next couple...

6 months ago - Seeking Alpha

Aker BP second quarter 2024 trading update

LYSAKER, Akershus, Norway, July 3, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) will publish its report for the second quarter 2024 on Friday 12 July. Today, the company pro...

6 months ago - PRNewsWire

Aker BP: Minutes of Annual General Meeting

LYSAKER, Norway , April 30, 2024 /PRNewswire/ -- The annual general meeting of Aker BP ASA (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY), took place on 30 April 2024, conducted as a digital meeting with ...

8 months ago - PRNewsWire

Aker BP ASA (AKRBF) Q1 2024 Earnings Call Transcript

Aker BP ASA (AKRBF) Q1 2024 Earnings Call Transcript

8 months ago - Seeking Alpha

Aker BP: Hanz on stream

STAVANGER, Norway, April 22, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Hanz in the North Sea. Hanz is operated by ...

8 months ago - PRNewsWire

Aker BP trading update for Q1-2024

LYSAKER, Norway , April 8, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) today announces its preliminary production and sales figures for the first quarter 2024.  The company...

9 months ago - PRNewsWire

Aker BP releases 2023 Annual Report

LYSAKER, Norway , March 20, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) has today published its integrated annual report for 2023, combining financial, sustainability and r...

10 months ago - PRNewsWire

Kobra East & Gekko (KEG) on stream ahead of plan

FORNEBU, Norway , Oct. 26, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Kobra East & Gekko (KEG) in the Alvheim area....

1 year ago - PRNewsWire

Aker BP third quarter 2023 trading update

FORNEBU, Norway, Oct. 5, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) today announces its preliminary production and sales figures for the third quarter 2023.  The company's...

1 year ago - PRNewsWire

Aker BP reports second quarter 2023 results

FORNEBU, Norway , July 13, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) delivered strong operational and financial performance in the second quarter 2023, with the highest p...

1 year ago - PRNewsWire

Aker BP second quarter 2023 trading update

FORNEBU, Norway , July 5, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) today announces its preliminary production and sales figures for the second quarter 2023.  The company...

1 year ago - PRNewsWire

Nine Aker BP-operated field development plans approved

FORNEBU, Norway , June 28, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved a total of nine plans for de...

1 year ago - PRNewsWire

Aker BP reports first quarter 2023 results

FORNEBU, Norway , April 27, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) delivered strong operational and financial performance in the first quarter 2023, with record produc...

1 year ago - PRNewsWire

First quarter 2023 trading update

FORNEBU, Norway , April 19, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) will publish its financial report for the first quarter 2023 on Thursday 27 April 2023. Today the co...

1 year ago - PRNewsWire