Investor relations

Aker BP is an independent E&P company with exploration, development and production activities on the Norwegian continental shelf (NCS).

The world will continue to need oil and gas for the foreseeable future. We believe the winners in the oil and gas market will be the companies that succeed in lowering emissions while reducing costs. As a pure play E&P company, Aker BP aims to continue creating value for its stakeholders through efficient production, reduced emissions, and sharing data, know-how and technology with other industries.

It is the company’s goal that over time, Aker BP’s shareholders will receive a competitive return on their investment through an increased share price and cash dividends.

The company is a Norwegian public limited liability company (ASA), established under Norwegian law and with tax domicile in Norway. Aker BP is listed on Oslo Børs with ticker code AKRBP. Aker BP complies with the Oslo Børs code of practice for reporting investor information.

Board of directors Management team dividendS Strategy Our assets Sustainability Articles of Association Corporate governance

Reports and presentations

	ESEF	Report	Presentation
Fourth quarter 2022		PDF	PDF
Third quarter		PDF	PDF
Second quarter		PDF	PDF
First quarter		PDF	PDF
Remuneration report		PDF
Annual statement of reserves		PDF
Sustainability report		PDF
Annual report	ZIP	PDF
Fourth quarter 2021		PDF	PDF
Third quarter		PDF	PDF
Second quarter		PDF	PDF
First quarter		PDF	PDF
Capital Markets Update			PDF
Annual report		PDF
Annual Statements of Reserves		PDF
Sustainability report		PDF
Capital Markets Update			PDF
Q4		PDF	PDF
Q3		PDF	PDF
Q2		PDF	PDF
Q1		PDF	PDF
Annual report		PDF
Annual Statement of Reserves		PDF
Sustainability report		PDF
Capital Markets Update			PDF
Q4		PDF	PDF
Q3		PDF	PDF
Q2		PDF	PDF
Q1		PDF

REPORT ARCHIVE report archive for lundin energy

Latest press releases from Aker BP

Aker BP moving ahead with nine of ten PDO projects

21.03.2023

Aker BP moving ahead with nine of ten PDO projects

Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY) has notified the Norwegian Ministry of Petroleum and Energy that the company has acceded to all the Plans for Development and Operation submitted in December 2022, except from one. The Troldhaugen project in…

Notification of trade for close associates

20.03.2023

Notification of trade for close associates

Please find attached a notification of trade in Aker BP shares for a person closely associated with Tore Vik (employee representative). AKRBP PDMR notification 2023-03-20.pdf

Frosk on stream

14.03.2023

Frosk on stream

Aker BP is pleased to announce that the Frosk field development in the Alvheim area has been successfully completed and production has started on schedule and within budget, only 18 months after the Plan for Development and Operation (PDO) was…

Aker BP: Ex dividend USD 0.55 today

15.02.2023

Aker BP: Ex dividend USD 0.55 today

The shares in Aker BP ASA will be traded ex dividend USD 0.55 (NOK 5.57216) as from today, 15 February 2023. The payment date will be on or about 23 February 2023.

Fourth quarter 2022 results

10.02.2023

Fourth quarter 2022 results

Fourth quarter 2022 marked the end of a transformational year for Aker BP. Following the successful Lundin integration, the company has doubled its production, reduced its unit costs, and consolidated its position as a global leader within low carbon…

Aker BP: Key information related to cash dividend

10.02.2023

Aker BP: Key information related to cash dividend

The following sets out the cash dividends to be paid by Aker BP in the first quarter 2023: Dividend amount: USD 0.55 per share (NOK 5.57216) Declared currency: USD Last day of trading including right: 14…

Fourth quarter 2022 trading update

27.01.2023

Fourth quarter 2022 trading update

Aker BP will publish its financial report for the fourth quarter 2022 on Friday 10 February 2023. The company issues this trading update to summarize its production and sales volumes and related topics for the quarter. Aker BP produced 432.0…

Five new years with drilling and wells rig alliances

12.01.2023

Five new years with drilling and wells rig alliances

Aker BP has entered into drilling and wells alliance agreements with Noble Corporation, Odfjell Drilling and Halliburton. Through the last five years the Jack-up Rig Alliance and the Semi Rig Alliance have delivered over 100 wells and world-class…

Aker BP awarded 17 licenses in APA 2022

10.01.2023

Aker BP awarded 17 licenses in APA 2022

Aker BP has been offered interests in 17 new production licenses offshore Norway, of which nine as operator, through the Awards in pre-defined areas (APA 2022) licensing round. Of the 17 production licenses awarded to Aker BP, 13 are located in the…

Sale of shares to employees – correction

02.01.2023

Sale of shares to employees – correction

Reference is made to Aker BP's announcement from 2 November 2022 regarding sale of 599,076 Aker BP shares to employees. Subsequent to the announcement, orders for a total of 2,486 shares were cancelled. Hence the total number of shares sold to…

Merger with wholly owned subsidiary completed

31.12.2022

Merger with wholly owned subsidiary completed

Reference is made to previous announcements regarding the merger between Aker BP ASA ("Aker BP") and its wholly owned subsidiary ABP Norway AS ("ABPN"). The merger has now been completed. Consequently, Aker BP has assumed…

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

16.12.2022

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

16 December 2022 Today, Aker BP and its partners are submitting a total of ten PDOs (plans for development and operation) and one plan for installation and operation (PIO) to the Ministry of Petroleum and Energy (MPE). With total investments of…

More news Press contact

Share and market information

Combination with Lundin Energy’s E&P business

information to LUNDIN SHAREHOLDERS exemption document SDR Terms and conditions Merger plan ABP NORWAY

Financial calendar

Aker BP publishes its quarterly results at around 07:00 CET. The results will be available on the company’s website, at Oslo Stock Exchange’s NewsWeb and through a wide range of newswires.

Annual Report

24.03.2023

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Annual General Meeting

14.04.2023

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Quarterly Report – Q1

27.04.2023

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Half-yearly Report

13.07.2023

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Quarterly Report – Q3

27.10.2023

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The company will normally host an open presentation at 08:30 CET and a live webcast is available from the company’s homepage. The dates, times and venues are subject to change. Changes will be communicated through stock exchange announcements.

Reports

Contact investor relations

If the contact form does not work, you can alternatively send an email to ir@akerbp.com.

Dividends

The Board seeks to optimise the company’s capital structure by balancing risk, return on equity against lenders’ security and liquidity requirements. The company aims to maintain a good reputation in all debt and equity markets. The Board continuously evaluates the company’s capital structure, ensuring a capital and debt structure that is appropriate to the company’s objective, strategy and risk profile. This involves monitoring available funding sources and related cost of capital.

It is the company’s goal that over time, Aker BP’s shareholders will receive a competitive return on their investment through an increased share price and cash dividends.

Last dividend

23.02.2023

Payout

5.57 NOK

per share

Date of approval	Ex date	Record date	Payment date	Total dividend (USD million)	Dividend per share (USD)	Dividend per share (NOK)
09.02.2023	15.02.2023	16.02.2023	23.02.2023		0.55	5.57216
25.10.2022	31.10.2022	01.11.2022	08.11.2022		0.525	5.5282
19.07.2022	16.08.2022	17.08.2022	24.08.2022	331.8	0.525	5.20559
27.04.2022	03.05.2022	04.05.2022	11.05.2022	171	0.475	4.39128
09.02.2022	15.02.2022	16.02.2022	23.02.2022	171	0.475	4.1782
27.10.2021	02.11.2021	03.11.2021	12.11.2021	150	0.4165	3.49119
14.07.2021	20.07.2021	21.07.2021	28.07.2021	112.5	0.3124	2.73258
27.04.2021	03.05.2021	04.05.2021	11.05.2021	112.5	0.3124	2.58628
03.02.2021	10.02.2021	11.02.2021	18.02.2021	112.5	0.3124	2.69167
28.10.2020	02.11.2020	03.11.2020	12.11.2020	70.8	0.1967	1.83989
13.07.2020	31.07.2020	03.08.2020	10.08.2020	70.8	0.1967	1.85169
05.05.2020	08.05.2020	11.05.2020	22.05.2020	70.8	0.1967	2.02683
10.02.2020	13.02.2020	14.02.2020	24.02.2020	212.5	0.5901	5.45251
21.10.2019	31.10.2019	01.11.2019	08.11.2019	187.5	0.5207	4.73642
11.07.2019	01.08.2019	02.08.2019	19.08.2019	187.5	0.5207	4.44417
25.04.2019	08.05.2019	09.05.2019	16.05.2019	187.5	0.5207	4.52363
05.02.2019	11.02.2019	12.02.2018	19.02.2019	187.5	0.5207	4.41142
18.10.2018	01.11.2018	02.11.2018	09.11.2018	112.5	0.3124	2.56866
12.07.2018	01.08.2018	02.08.2018	09.08.2018	112.5	0.3124	2.5308
06.05.2018	09.05.2018	11.05.2018	22.05.2018	112.5	0.3124	2.51718
01.02.2018	06.02.2018	07.02.2018	14.02.2018	112.5	0.3124	2.39974
29.10.2017	01.11.2017	02.11.2017	09.11.2017	62.5	0.185	1.50694
13.07.2017	01.08.2017	02.08.2017	09.08.2017	62.5	0.185	1.45977
27.04.2017	10.05.2017	11.05.2017	19.05.2017	62.5	0.185	1.57156
03.02.2017	09.02.2017	10.02.2017	17.02.2017	62.5	0.185	1.55202
24.11.2016	29.11.2016	30.11.2016	07.12.2016	62.5	0.185	1.55348

Buy-back of own shares

Currently, the Board of Aker BP has a mandate for the Company to acquire its own shares equivalent to up to 5 per cent of the total share capital. The mandate is valid until the next ordinary general meeting in 2023.

notifications OF TRADES

Largest shareholders

Investor	Shares	% of top 20	% of total	Type	Country
AKER CAPITAL AS	133,757,576	29.58%	21.16%	COMP	NOR
BP EXPLORATION OP CO LTD	100,302,878	22.18%	15.87%	COMP	GBR
NEMESIA S.A.R.L.	90,798,282	20.08%	14.37%	COMP	CHE
FOLKETRYGDFONDET	28,151,556	6.22%	4.45%	COMP	NOR
JPMORGAN CHASE BANK, N.A., LONDON	15,562,859	3.44%	2.46%	NOM	GBR
STATE STREET BANK AND TRUST COMP	14,711,429	3.25%	2.33%	NOM	USA
JPMORGAN CHASE BANK, N.A., LONDON	11,164,183	2.47%	1.77%	NOM	GBR
STATE STREET BANK AND TRUST COMP	6,841,323	1.51%	1.08%	NOM	USA
JPMORGAN CHASE BANK, N.A., LONDON	6,094,321	1.35%	0.96%	NOM	GBR
JPMORGAN CHASE BANK, N.A., LONDON	5,680,740	1.26%	0.90%	NOM	GBR
JPMORGAN CHASE BANK, N.A., LONDON	5,612,219	1.24%	0.89%	NOM	GBR
AVANZA BANK AB	4,912,193	1.09%	0.78%	NOM	SWE
STATE STREET BANK AND TRUST COMP	4,820,363	1.07%	0.76%	NOM	USA
CACEIS BANK	4,775,262	1.06%	0.76%	NOM	LUX
SWEDBANK AB	3,678,057	0.81%	0.58%	NOM	SWE
CLEARSTREAM BANKING S.A.	3,630,035	0.80%	0.57%	NOM	LUX
VERDIPAPIRFONDET KLP AKSJENORGE IN	3,102,300	0.69%	0.49%	COMP	NOR
SVENSKA HANDELSBANKEN AB	3,055,731	0.68%	0.48%	NOM	SWE
STATE STREET BANK AND TRUST COMP	2,851,516	0.63%	0.45%	NOM	USA
THE BANK OF NEW YORK MELLON SA/NV	2,756,341	0.61%	0.44%	NOM	BEL
Total number owned by top 20	452,259,164		71.56%
Total number of shares	632,022,210		100.00%

Disclosure of large shareholdings

Primary insiders

Companies listed on the Oslo Stock Exchange have an obligation to maintain updated lists of primary insiders. The primary insiders and their closely-related parties are required to notify the authorities of personal transactions related to Aker BP shares, bonds and other related financial instruments.

For Aker BP, the list of primary insiders includes the Board of Directors and the corporate management team.

Primary insiders MANDATORY NOTIFICATIONS OF TRADE PRIMARY INSIDERS

Analyst coverage

This is a list of equity analysts who are following Aker BP on an independent basis.

Company	Analyst	Phone
ABG Sundal Collier ASA		+47 22 01 61 87
Arctic Securities ASA		+47 22 93 72 12
Barclays		+44 20 7773 1682
Berenberg		+44 20 3465 2684
BofA Securities		+44 207 996 7109
Carnegie		+47 22 00 93 56
Citi		+44 20 7986 7337
DnB Markets		+47 24 16 92 97
Goldman Sachs		+44 20 7552 9383
Jefferies		+44 20 7029 8691
J.P. Morgan Cazenove		+44 20 7134 5942
Morgan Stanley		+44 20 7425 3016
Nordea Markets		+47 24 01 50 80
Norne Securities		+47 21 95 37 48
ODDO BHF		+33 (0)1 44 94 56 05
Pareto Securities AS		+47 24 13 21 86
Redburn		+44 20 7000 2019
RBC Europe Ltd		+44 207 429 8530
SEB Enskilda		+47 21 00 85 02
Societe Generale		+44 20 7762 5902
SpareBank 1 Markets AS		+47 24 13 36 06
Stifel		+44 20 7710 7623

Registrar and Auditor

DNB Bank ASA
Custody services/Issuer services
P.O. Box 1600, Stranden 21
N-0021 Oslo
NORWAY

Phone: +47 22 26 80 21
E-mail: kua@dnb.no

Aker BP is audited by:
PricewaterhouseCoopers AS
Dronning Eufemias gate 71
N-0194 Oslo
Norway

General Meeting

The general meeting is the highest authority in the company. Aker BP’s articles of association and the Norwegian Public Limited Companies Act, which we follow, stipulate the role and mandate of the general meeting.

articles of association PREVIOUS general meetings

Tax

Aker BP’s tax strategy describes the company’s responsible tax principles. The tax manual provides analytical on the tax calculation for the company.

Aker BP Tax Strategy	pdf
Aker BP Tax Manual 2023	pdf

The Norwegian Petroleum Taxation act (unofficial translation)

Debt and credit ratings

Aker BP’s long-term interest-bearing debt consists of a combination of bank facilities and bonds.

Credit ratings

Aker BP has obtained investment grade credit ratings from S&P, Moody’s and Fitch.

S&P has assigned a BBB rating with stable outlook LINK>>
Moody’s has assigned a Baa2 rating with stable outlook LINK>>
Fitch has assigned a BBB rating with stable outlook LINK>>