Welcome to our dedicated page for Aker Bp Asa news (Ticker: AKRBF), a resource for investors and traders seeking the latest updates and insights on Aker Bp Asa stock.
Aker BP ASA (AKRBF) delivers oil and gas exploration leadership on Norway's Continental Shelf through cutting-edge technology and sustainable practices. This dedicated news hub provides investors with essential updates on operational milestones, strategic initiatives, and industry developments.
Access real-time announcements covering quarterly earnings, new exploration licenses, production efficiency achievements, and environmental stewardship programs. Our curated collection simplifies tracking of critical updates including asset acquisitions, partnership developments, and regulatory compliance progress.
Key focus areas include drilling program expansions, digital innovation in offshore operations, and emissions reduction targets. Investors gain strategic insights through verified reports on reserve updates, field optimization projects, and market positioning within Europe's energy sector.
Bookmark this page for direct access to AKRBF's official communications and expert analysis of their low-cost production model. Stay informed about Norway's evolving energy landscape through comprehensive coverage of this E&P leader's activities.
Aker BP (OTCQX: AKRBF) has announced that its shares will trade ex-dividend starting May 12, 2025. The dividend amount is set at USD 0.63 per share (equivalent to NOK 6.51735). Shareholders can expect the dividend payment to be distributed on or around May 21, 2025.
Aker BP (AKRBF) has released its Q1 2025 trading update, reporting an average equity production of 441.4 thousand barrels of oil equivalent per day (mboepd). Due to overlift, net volume sold during the quarter reached 457.6 mboepd, comprising 394.0 mboepd of liquids and 63.5 mboepd of natural gas.
The company's realized prices for Q1 2025 were:
- Liquids: $75.0 per barrel of oil equivalent (boe)
- Natural gas: $85.2 per boe
Compared to Q4 2024, production slightly decreased from 449.2 mboepd, while realized prices showed improvement from $74.1 for liquids and $79.0 for natural gas. The full Q1 2025 report will be released on May 7, 2025, at 06:00 CEST, followed by a management presentation and Q&A session at 08:30 CEST.
Aker BP has extended its Well Intervention and Stimulation Alliance agreement with SLB and Stimwell Services for another five years, following their successful collaboration since 2019. The alliance, signed on April 2, 2025, at Aker BP's headquarters, has achieved significant milestones including simultaneous operations using jack-up rigs and the world's first autonomous intervention operation.
The partnership focuses on digital transformation through integrated operations between subsurface and operational domains, expanding remote operations capabilities, and accelerating new technology deployment. A key initiative includes utilizing an upgraded stimulation vessel to optimize the new Valhall PWP wells for enhanced production.
The alliance has demonstrated success in meeting production targets through digital workflows, resulting in increased productivity, lower risk, and improved success rates. Their strategy aims to maintain top-quartile performance while developing future-proof capabilities for oil and gas production with low cost and low emissions.
Aker BP (OSE: AKRBP, OTCQX: AKRBF) has announced that its shares will trade ex-dividend starting February 17, 2025. The dividend amount is set at USD 0.63 (NOK 7.06381) per share, with the payment scheduled for around February 25, 2025.
Aker BP reported strong Q4 2024 results with oil and gas production reaching 449 thousand barrels of oil equivalent per day (mboepd) and 439 mboepd for the full year 2024, near the high end of guidance. The company achieved production costs of USD 5.7 per barrel in Q4 and USD 6.2 for the full year, below guidance of USD 6.5.
Financial highlights include total income of USD 3.1 billion, EBITDA of USD 2.7 billion, and net profit of USD 562 million for Q4. The company generated record-high cash flow from operations at USD 6.4 billion for 2024. Dividends increased 5% to USD 2.52 per share for 2025.
For 2025, Aker BP projects production between 390-420 mboepd, capital expenditures of USD 5.5-6.0 billion, and production costs around USD 7 per barrel. The company maintains a clear pathway to sustain production above 500,000 barrels per day beyond 2030.
Aker BP has released its preliminary Q4 2024 production and sales figures. The company's equity production averaged 449.2 thousand barrels of oil equivalent per day (mboepd) for the quarter, with net sales volume of 439.2 mboepd due to underlift. For the full year 2024, production averaged 439 mboepd, reaching the higher end of the guided range of 430-440 mboepd.
The company's Q4 realized prices were $74.1/boe for liquids and $79.0/boe for natural gas. The quarterly production mix included 373.5 mboepd of liquids and 65.7 mboepd of natural gas. Aker BP will publish its complete Q4 2024 report and annual strategy update on February 12, 2025.
Aker BP has been awarded ownership interest in 19 exploration licenses on the Norwegian continental shelf in the APA 2024 licensing round, including operatorship for 16 of these licenses. The awards span both the North Sea and Norwegian Sea regions, strengthening the company's position as the leading independent exploration company in the area.
A notable highlight includes operatorship of the former Frigg field west of Yggdrasil, where drilling is planned for Q2 2025. The company's strategy focuses on balancing exploration near existing infrastructure with potential standalone developments. The awards were part of a broader announcement where 20 companies received interests in 53 total licenses in mature areas with known geology and established infrastructure.
Aker BP ASA (OSE: AKRBP) (OTCQX: AKRBF) announced that its shares will trade ex-dividend USD 0.60 (NOK 6.5946) per share starting November 4, 2024. The company has scheduled the dividend payment for around November 13, 2024.
Aker BP reported strong Q3 2024 results with oil and gas production averaging 415 mboepd. The company raised its full-year production guidance to 430-440 mboepd and lowered cost guidance to USD ~6.5 per barrel. Financial highlights include EBITDA of USD 2.6 billion, net profit of USD 173 million, and record-high operating cash flow of USD 2.8 billion. The Tyrving field commenced production five months ahead of schedule. The company maintains a quarterly dividend of USD 0.60 per share and improved its debt profile through new 10- and 30-year bonds.
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