Aker BP reports second quarter 2025 results
Aker BP (AKRBF) reported strong Q2 2025 operational performance with production averaging 415 mboepd, down from 441 mboepd in Q1 due to planned maintenance. The company raised its full-year production guidance to 400-420 mboepd.
Key financial metrics include total income of $2.6 billion (down from $3.2B in Q1) and operating cash flow of $1.2 billion (down from $2.1B). Production costs increased to $7.3 per boe from $6.5 in Q1. The company maintained its quarterly dividend at $0.63 per share, targeting $2.52 per share for 2025.
Notable developments include a new oil discovery in the Yggdrasil area and field development projects progressing on schedule, despite a 6% upward revision in investment estimates due to inflation and costs.
Aker BP (AKRBF) ha riportato una solida performance operativa nel secondo trimestre 2025, con una produzione media di 415 mboepd, in calo rispetto ai 441 mboepd del primo trimestre a causa di manutenzioni programmate. L'azienda ha rivisto al rialzo la previsione di produzione annuale, fissandola tra 400 e 420 mboepd.
I principali indicatori finanziari mostrano un reddito totale di 2,6 miliardi di dollari (in calo rispetto ai 3,2 miliardi del primo trimestre) e un flusso di cassa operativo di 1,2 miliardi di dollari (in diminuzione rispetto ai 2,1 miliardi). I costi di produzione sono aumentati a 7,3 dollari per boe rispetto ai 6,5 del primo trimestre. L'azienda ha mantenuto il dividendo trimestrale a 0,63 dollari per azione, puntando a 2,52 dollari per azione per il 2025.
Tra gli sviluppi rilevanti, una nuova scoperta di petrolio nell'area Yggdrasil e il progresso regolare dei progetti di sviluppo dei giacimenti, nonostante una revisione al rialzo del 6% delle stime di investimento dovuta a inflazione e costi.
Aker BP (AKRBF) reportó un sólido desempeño operativo en el segundo trimestre de 2025, con una producción promedio de 415 mboepd, menor a los 441 mboepd del primer trimestre debido a mantenimiento planificado. La compañía elevó su pronóstico de producción anual a un rango de 400-420 mboepd.
Los principales indicadores financieros incluyen ingresos totales de 2.600 millones de dólares (por debajo de los 3.200 millones del primer trimestre) y flujo de caja operativo de 1.200 millones de dólares (inferior a los 2.100 millones). Los costos de producción aumentaron a 7,3 dólares por boe desde 6,5 en el primer trimestre. La empresa mantuvo su dividendo trimestral en 0,63 dólares por acción, con un objetivo de 2,52 dólares por acción para 2025.
Entre los desarrollos destacados se encuentra un nuevo descubrimiento de petróleo en el área de Yggdrasil y el avance puntual de los proyectos de desarrollo de campos, a pesar de una revisión al alza del 6% en las estimaciones de inversión debido a la inflación y los costos.
Aker BP (AKRBF)는 2025년 2분기에 평균 415 mboepd의 견고한 운영 실적을 보고했습니다. 이는 계획된 유지보수로 인해 1분기 441 mboepd에서 감소한 수치입니다. 회사는 연간 생산 가이던스를 400-420 mboepd로 상향 조정했습니다.
주요 재무 지표로는 총 수입 26억 달러(1분기 32억 달러에서 감소)와 영업 현금 흐름 12억 달러(1분기 21억 달러에서 감소)가 포함됩니다. 생산 비용은 1분기 6.5달러에서 7.3달러 per boe로 증가했습니다. 회사는 분기 배당금을 주당 0.63달러로 유지하며 2025년 목표 배당금을 주당 2.52달러로 설정했습니다.
주목할 만한 발전 사항으로는 Yggdrasil 지역에서 새로운 석유 발견과 인플레이션 및 비용 상승으로 인해 투자 추정치가 6% 상향 조정되었음에도 불구하고 예정대로 진행 중인 유전 개발 프로젝트가 있습니다.
Aker BP (AKRBF) a annoncé une solide performance opérationnelle au deuxième trimestre 2025 avec une production moyenne de 415 mboepd, en baisse par rapport à 441 mboepd au premier trimestre en raison de maintenances planifiées. La société a relevé ses prévisions de production annuelle à 400-420 mboepd.
Les principaux indicateurs financiers incluent un revenu total de 2,6 milliards de dollars (en baisse par rapport à 3,2 milliards au T1) et un flux de trésorerie opérationnel de 1,2 milliard de dollars (en baisse par rapport à 2,1 milliards). Les coûts de production ont augmenté à 7,3 dollars par boe contre 6,5 au T1. La société a maintenu son dividende trimestriel à 0,63 dollar par action, visant 2,52 dollars par action pour 2025.
Parmi les développements notables, une nouvelle découverte de pétrole dans la zone Yggdrasil et des projets de développement de champs progressant selon le calendrier, malgré une révision à la hausse de 6% des estimations d'investissement en raison de l'inflation et des coûts.
Aker BP (AKRBF) meldete eine starke operative Leistung im zweiten Quartal 2025 mit einer durchschnittlichen Produktion von 415 mboepd, was gegenüber 441 mboepd im ersten Quartal aufgrund geplanter Wartungsarbeiten zurückging. Das Unternehmen hob seine Produktionsprognose für das Gesamtjahr auf 400-420 mboepd an.
Wichtige Finanzkennzahlen umfassen einen Gesamteinnahmen von 2,6 Milliarden US-Dollar (gegenüber 3,2 Mrd. im ersten Quartal) und einen operativen Cashflow von 1,2 Milliarden US-Dollar (gegenüber 2,1 Mrd.). Die Produktionskosten stiegen von 6,5 auf 7,3 US-Dollar pro boe. Das Unternehmen behielt die Quartalsdividende von 0,63 US-Dollar pro Aktie bei und strebt für 2025 eine Dividende von 2,52 US-Dollar pro Aktie an.
Bemerkenswerte Entwicklungen umfassen eine neue Ölfundstelle im Yggdrasil-Gebiet sowie planmäßige Fortschritte bei den Feldentwicklungsprojekten, trotz einer 6%igen Aufwärtskorrektur der Investitionsschätzungen aufgrund von Inflation und Kostensteigerungen.
- Raised full-year production guidance to 400-420 mboepd
- New oil discovery confirmed in Yggdrasil area
- Maintained strong dividend at $0.63 per share quarterly
- Industry-leading low emissions intensity at 2.8 kg CO2e per boe
- Strong operational efficiency and project execution
- Production declined to 415 mboepd from 441 mboepd in Q1
- Total income decreased to $2.6B from $3.2B in Q1
- Operating cash flow dropped to $1.2B from $2.1B in Q1
- Production costs increased to $7.3 per boe from $6.5 in Q1
- Project investment estimates revised upward by 6% due to inflation
LYSAKER,
Highlights
- Strong operational performance: Oil and gas production averaged 415 mboepd (441 mboepd in Q1), impacted by planned maintenance. Full-year production guidance has been revised upwards to 400-420 mboepd (from 390-420).
- Low cost: Production cost amounted to
USD 7.3 per boe (USD 6.5 in Q1). - Low emissions intensity: Greenhouse gas emission intensity remained at 2.8 kg CO2e per boe (scope 1 & 2), among the lowest in the global oil and gas industry.
- Projects on track: Field development projects are progressing on schedule – investment estimates revised upwards by approximately six percent reflecting updated assumptions for inflation, labour costs, and currency effects.
- Exploration success: Oil discovery confirmed in the ongoing Omega Alfa well in the Yggdrasil area.
- Financial results: Total income of
USD 2.6 billion (USD 3.2 billion in Q1) and cash flow from operations ofUSD 1.2 billion (USD 2.1 billion in Q1). - Resilient dividends: Dividends of
USD 0.63 per share paid in the quarter – on track to deliverUSD 2.52 per share for the full year.
Comment from Karl Johnny Hersvik, CEO of Aker BP
"We continued to deliver strong operational results in the second quarter, with high production efficiency, low emissions, and safe execution across our portfolio. This performance reflects the strength of our teams and the resilience of our operations."
"Our field development portfolio is progressing according to plan, with several projects even moving ahead of schedule. The final investment decisions on Johan Sverdrup Phase 3 and East Frigg this quarter further demonstrate our ability to turn strategy into action and lay the foundation for future growth."
"Our robust balance sheet and solid cash flow generation enable us to navigate market volatility with confidence – while continuing to deliver attractive and resilient dividends to our shareholders."
Webcast presentation
The presentation will be webcasted today at 08:30 CEST on www.akerbp.com, hosted by CEO Karl Johnny Hersvik and CFO David Tønne. The presentation will be followed by an online Q&A session.
Attachments
Aker BP 2025-Q2 Report.pdf
Aker BP 2025-Q2 Presentation.pdf
CONTACT:
Investor contacts:
Kjetil Bakken, Head of IR, tel.: +47 918 89 889
Carl Christian Bachke, IR Officer, tel.: +47 909 80 848
Media contacts:
Tore Langballe, VP Communications, tel.: +47 907 77 841
Ole-Johan Faret, Press Spokesman, tel.: +47 402 24 217
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https://news.cision.com/aker-bp-asa/r/aker-bp-reports-second-quarter-2025-results,c4206791
The following files are available for download:
Release | |
https://mb.cision.com/Public/1629/4206791/a4d7b1657ec9486b.pdf | Aker BP 2025-Q2 Report |
https://mb.cision.com/Public/1629/4206791/82bb15e2e8b4d438.pdf | Aker BP 2025-Q2 Presentation |
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SOURCE Aker BP ASA
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