Aker BP Stock Price, News & Analysis

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) has released its preliminary Q2 2025 production and sales figures ahead of its full quarterly report. The company's equity production averaged 415.0 thousand barrels of oil equivalent per day (mboepd), with net sales volume of 413.8 mboepd due to underlift.

The company's realized prices were $66.9/boe for liquids and $68.7/boe for natural gas, both showing decreases from Q1 2025. The full Q2 2025 report will be released on July 15, 2025, followed by a management presentation and Q&A session.

Aker BP (OTC:AKRBF) has announced a final investment decision for Phase 3 of the Johan Sverdrup field development, Norway's largest oil-producing field. The project, valued at NOK 13 billion, includes new subsea infrastructure that will increase recoverable volumes by 40-50 million barrels of oil equivalent.

The development involves installing two new subsea templates with pipeline connections to existing infrastructure. Production is scheduled to commence in Q4 2027. Aker BP holds a 31.6 percent working interest in the field, which is operated by Equinor. The project aims to support the partnership's goal of achieving 75 percent recovery from the field.

The company has submitted a notification to authorities under the existing plan for development and operation (PDO), pending regulatory approval. This investment aligns with previous guidance for investments and production outlook.

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) reported strong Q1 2025 results with oil and gas production reaching 441 thousand barrels of oil equivalent per day. The company posted total income of USD 3.2 billion and net profit of USD 316 million, with cash flow from operations at USD 2.1 billion. Production costs were USD 6.5 per barrel, while maintaining low emissions of 2.8 kg CO2e per boe. The company maintains its full-year production guidance of 390-420 mboepd and continues to pay quarterly dividends of USD 0.63 per share, targeting USD 2.52 per share for 2025. Two new discoveries strengthened the resource base, with development projects progressing as planned to enable production growth from 2027.

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.