Aker BP ASA
AKRBP
ISIN NO0010345853 / Valor 2846723
Aker BP ASA
UMushroom community rating:
About company
Aker BP ASA is a Norwegian company primarily focused on exploration, field development, and production of oil and gas on the Norwegian continental shelf. The company operates several field centers, including Alvheim, Ivar Aasen, Skarv, Edvard Grieg, Ula, and Valhall, and is a partner in the Johan Sverdrup field. Aker BP recently published its integrated annual report for 2023, which includes financial, sustainability, and remuneration reporting. The company also released its annual statement of reserves for the same year. Aker BP's equity production for the first quarter of 2024 was 448.0 thousand barrels of oil equivalents per day, with a net volume sold of 428.9. The company's annual general meeting is scheduled for April 30, 2024, and shareholders can participate virtually. Aker BP ASA's shares were traded ex-dividend USD 0.60 per share as of February 13, 2024, with a payment date around February 21, 2024.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (07.09.2025):
Aker BP ASA reported strong operational performance in the second quarter of 2025, maintaining high production efficiency, low costs, and industry-leading low emissions intensity. Despite a slight decline in production due to planned maintenance activities, the company's field development projects remain on track to support production growth from 2027. A new oil discovery in the Yggdrasil area further strengthens Aker BP ASA’s position, backed by solid operating cash flow and a robust balance sheet to navigate market volatility and sustain resilient dividends for shareholders.
Strong Operational Performance
Oil and gas production averaged 415 mboepd in Q2 2025, slightly down from 441 mboepd in Q1 due to planned maintenance. The full-year production guidance has been updated upwards to a range of 400-420 mboepd, up from the previous 390-420 mboepd forecast.
Low Cost
Production costs were maintained at USD 7.3 per boe in Q2 2025, compared to USD 6.5 per boe in Q1, demonstrating effective cost management despite operational adjustments.
Low Emissions Intensity
Greenhouse gas emission intensity remained steady at 2.8 kg CO2e per boe (scope 1 & 2), positioning Aker BP ASA among the lowest in the global oil and gas industry.
Projects on Track
Field development projects are progressing according to schedule, with investment estimates increased by approximately six percent to account for updated assumptions regarding inflation, labor costs, and currency effects.
Exploration Success
A new oil discovery was confirmed in the ongoing Omega Alfa well in the Yggdrasil area, highlighting successful exploration efforts.
Financial Results
Aker BP ASA reported total income of USD 2.6 billion and cash flow from operations of USD 1.2 billion in Q2 2025, compared to USD 3.2 billion and USD 2.1 billion respectively in Q1.
Resilient Dividends
Dividends of USD 0.63 per share were paid in the quarter, with the company on track to deliver USD 2.52 per share for the full year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
15630 M
Market cap (USD)
826,192
Daily traded volume (Shares)
220.4 / 215.1
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
