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.
Reports and presentations
| Report | Presentation | Web cast | |
|---|---|---|---|
| First quarter | |||
| Capital Markets Update | |||
| Annual report | |||
| Annual Statements of Reserves | |||
| Sustainability report | |||
| Capital Markets Update | |||
| Q4 | |||
| Q3 | |||
| Q2 | |||
| Q1 | |||
| Annual report | |||
| Annual Statement of Reserves | |||
| Sustainability report | |||
| Capital Markets Update | |||
| Q4 | |||
| Q3 | |||
| Q2 | |||
| Q1 | |||
| Annual report | |||
| Annual Statement of Reserves | |||
| Sustainability report | |||
| Capital Markets Update | |||
| Q4 | |||
| Q3 | |||
| Q2 | |||
| Q1 | |||
| Annual report | |||
| Annual Statement of Reserves | |||
| Sustainability report | |||
| Capital Markets Update | |||
| Q4 | |||
| Q3 | |||
| Q2 | |||
| Q1 |
Latest press releases from Aker BP
Aker BP ASA announces pricing of inaugural Euro Senior Notes Offering
Ex dividend USD 0.3124 today
Aker BP: Key information related to cash dividend
First quarter 2021 results
Invitation to Aker BP’s Q1-2021 conference call
First quarter 2021 trading update
Minutes of Annual General Meeting in Aker BP ASA
Notice of Annual General Meeting 2021
Aker BP releases 2020 reports
Aker BP farms in to new UKCS licence in the greater Alvheim area
No strike on Mongstad
Possible strike could affect Johan Sverdrup production
Contact investor relations
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.
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.
Share and market information
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.
| Date of approval | Ex date | Record date | Payment date | Total dividend (USD million) | Dividend per share (USD) | Dividend per share (NOK) |
|---|---|---|---|---|---|---|
| 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 2021.
Largest shareholders
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.
Analyst coverage
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:
KPMG
Sørkedalsveien 6
P.O Box 7000, Majorstuen
0306 Oslo
Norway
Phone: +47 04063
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.
Follow the link below for information about past and upcoming general meetings.
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 Global Ratings has assigned a BBB- long-term corporate credit rating with positive outlook. Moody’s has assigned a Baa3 long-term issuer rating with stable outlook. Fitch has assigned a BBB-rating with stable outlook.
Links to rating reports:
S&P Global Ratings (30 April 2021)
Moody’s (4 February 2021)
Fitch (30 April 2021)
USD Bonds
USD 750 mill 4,75% Senior Notes, 15 June 2024
Coupon payable semi-annually on 15 June and 15 December
First call date on 15 June 2021
The Senior Notes are listed on Luxembourg Stock Exchange (“LuxSE”)
LuxSE listing information
USD 500 mill 3,00% Senior Notes, 15 January 2025
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange (“LuxSE”)
LuxSE listing information
USD 500 mill 2,875% Senior Notes, 15 January 2026
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange (“LuxSE”)
LuxSE listing information
USD 1 000 mill 3,75% Senior Notes, 15 January 2030
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange (“LuxSE”)
LuxSE listing information
USD 750 mill 4,00% Senior Notes, 15 January 2031
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange (“LuxSE”)
LuxSE listing information
EMTN Programme
Aker BP’s Euro Medium Term Note programme has been established in April 2021 and is listed on the Luxembourg Stock Exchange. The EMTN programme is updated annually and constitutes a standardised master agreement for issuance of public benchmark bonds.
The programme has a limit of EUR 2 billion.
Revolving Credit Facility (RCF)
The Facilities will be used for general corporate purposes and supporting strong financial capacity.
USD 2 bn Liquidity Facility
Maturity May 2025 – USD 0,35 bn
Maturity May 2026 – USD 1,65 bn
Margin 1,00%
Commitment fee 35% of applicable margin
USD 1,4 bn Working Capital Facility
Maturity May 2024, plus two annual extension options
Margin 1,25%
Commitment fee 35% of applicable margin