Combination with Lundin Energy’s E&P business
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 of data, know-how and technology with other industries.
It is the company’s goal that over time, Aker BP’s shareholders shall receive a competitive return on their investment through increased share price and cash dividends.
The company is a Norwegian public limited liability company (ASA), established under Norwegian laws and with its tax residency in Norway. Aker BP is listed on the Oslo Stock Exchange with ticker code AKRBP. Aker BP complies with the Oslo Stock Exchange code of practice for reporting investor information.
Reports and presentations
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| Årsrapport | ZIP | |||
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| Kapitalmarkedsoppdatering | ||||
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| Kapitalmarkedsoppdatering | ||||
| Fjerde kvartal | ||||
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| Andre kvartal | ||||
| Første kvartal | ||||
| Bærekraftsrapport | ||||
| Årsrapport | ||||
| Årlig reserverapport | ||||
| Kapitalmarkedsoppdatering | ||||
| Fjerde kvartal | ||||
| Tredje kvartal | ||||
| Andre kvartal | ||||
| Første kvartal | ||||
| Årsrapport | ||||
| Årlig reserverapport | ||||
| Kapitalmarkedsoppdatering | ||||
| Fjerde kvartal | ||||
| Tredje kvartal | ||||
| Andre kvartal | ||||
| Første kvartal |
Latest press releases from Aker BP
Investment decision for the Wisting project postponed
Aker BP sells shares to employees
Aker BP: Ex dividend USD 0.525 today
Third quarter 2022 results
Aker BP: Key information related to cash dividend
Conversion stop in Aker BP SDRs
Third quarter 2022 trading update
Merger plan signed with wholly owned subsidiary
Merger with wholly owned subsidiary completed
Alle eks-Lundin-ansatte innlemmet i Aker BP-organisasjonen
Alle eks-Lundin-ansatte innlemmet i Aker BP-organisasjonen
Fra 1. oktober er alle ansatte fra tidligere Lundin Energys olje- og gassvirksomhet innlemmet i Aker BP ASA-organisasjonen. Hovedledelsen er justert fra samme dato. – Vår ambisjon er å skape fremtidens olje- og gasselskap med lave…
Les merAll ex-Lundin employees fully integrated into the Aker BP organization
All ex-Lundin employees fully integrated into the Aker BP organization
From 1 October all employees from the former Lundin Energy’s E&P business are fully integrated into the Aker BP ASA organization, led by an adjusted Executive Management Team. “Our ambition is to create the E&P company of the…
Les merValhall 40 år – sikter mot 2060
Valhall 40 år – sikter mot 2060
1. oktober 1982 startet produksjonen fra Valhall-feltet. Da var målet 250 millioner fat. Nå er det produsert mer enn 1,1 milliarder fat fra området. Ambisjonen er å runde to milliarder fat i løpet av de neste 40…
Les merShare and market information
Financial calendar
Aker BP publish its quarterly results at around 07:00 CET. The results will be available at the company’s website, at Oslo Børs’ 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.
Contact investor relations
Dividends
The Board seeks to optimize the company’s capital structure by balancing risk, return on equity against lenders’ security and liquidity requirements. The company aims to have 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 shall receive a competitive return on their investment through 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) |
|---|---|---|---|---|---|---|
| 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 the company’s own shares equivalent to up to 5 percent of the total share capital. The mandate is valid until the next ordinary general meeting in 2023.
Largest shareholders
Primary insiders
Companies listed on the Oslo Stock Exchange have an obligation to keep 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
This is a list of equity analysts who are following Aker BP on an independent basis.
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 of the Company. Aker BP’s articles of association and the Norwegian Public Limited Companies Act stipulate the role and mandate of the General Meeting which we follow.
Debt and credit ratings
Aker BP’s long-term interest-bearing debt consists of a combination of bank facilities and bonds.
Credit ratings
USD Bonds
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 LINK>>
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 LINK>>
USD 1 billion 2.00% Senior Notes, due 15 July 2026
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange LINK>>
USD 1 billion 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 LINK>>
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 LINK>>
USD 1 billion 3.10% Senior Notes, due 15 July 2031
Coupon payable semi-annually on 15 January and 15 July
The Senior Notes are listed on Luxembourg Stock Exchange LINK>>
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.
- Offering Circular
- Agency Agreement
- Deed of covenant
- Permanent Global Note
- Registered Global Note
- Temporary Global Note
- Articles of association
- S&P report
EUR 750 mill 1,125% Senior Notes, 12 May 2029
Coupon payable on 12 May each year
The Senior Notes are listed on Luxembourg Stock Exchange LINK>>
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