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

2023
2022
2021
2020
2019
ESEF Rapport Presentasjon Web cast
Første kvartal PDF PDF
Andre kvartal PDF PDF
Første kvartal PDF PDF
Tredje kvartal PDF PDF
Fjerde kvartal PDF PDF
Årsrapport ZIP PDF
Bærekraftsrapport PDF
Reserverapport PDF
Remuneration report PDF
Tredje kvartal PDF PDF
Fjerde kvartal PDF PDF
Årsrapport ZIP PDF
Bærekraftsrapport PDF
Reserverapport PDF
Remuneration report PDF
Andre kvartal PDF PDF
Første kvartal PDF PDF
Kapitalmarkeds­oppdatering PDF
Årsrapport PDF
Reserverapport PDF
Bærekraftsrapport PDF
Kapitalmarkeds­oppdatering PDF
Fjerde kvartal PDF PDF
Tredje kvartal PDF PDF
Andre kvartal PDF PDF
Første kvartal PDF PDF
Bærekraftsrapport PDF
Årsrapport PDF
Årlig reserverapport PDF
Kapitalmarkeds­oppdatering PDF
Fjerde kvartal PDF PDF
Tredje kvartal PDF PDF
Andre kvartal PDF PDF
Første kvartal PDF PDF

Latest press releases from Aker BP

Stortinget sier ja til Aker BPs store utbyggingsprosjekter

Stortinget sier ja til Aker BPs store utbyggingsprosjekter

Stortinget har i dag godkjent Aker BPs planer for utbygging og drift for Yggdrasil-området og Fenris, samt videreutvikling av Valhall.    Feltillustrasjoner: Valhall PWP-Fenris og Yggdrasil − Med vedtaket har Stortinget sagt…

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Aker BP ASA to hold fixed income investor meetings

Aker BP ASA to hold fixed income investor meetings

Aker BP ASA (OSE: AKRBP) today announced that a series of fixed income investor calls has been arranged. A multi-tranche U.S. dollar-denominated benchmark Rule 144A / Reg S senior unsecured notes offering may follow subject to market conditions. The…

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Termination of Aker BP’s Swedish Depository Receipt programme

Termination of Aker BP’s Swedish Depository Receipt programme

In connection with Aker BP’s acquisition of Lundin Energy’s oil and gas business, which was completed 30 June 2022, the shareholders of Lundin Energy received 0.95098 shares in Aker BP per Lundin Energy share. These shares were delivered in the…

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Mandatory notification of trade

Mandatory notification of trade

David Torvik Tønne, CFO of Aker BP, has today purchased 4,000 shares in Aker BP ASA at an average price of NOK 242 per share. After this transaction, Mr. Tønne holds 22,935 shares in the company. The notification form is attached and can be found…

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Tildeling av kontrakt for understell på Munin

Tildeling av kontrakt for understell på Munin

Aker BP har tildelt Heerema Vlissingen en kontrakt for anskaffelser og bygging av understellet til Munin i Yggdrasil-området.   − Dette er en viktig kontrakt i utbyggingen av Yggdrasil. Med denne tildelingen har vi nå plassert alle…

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Awarding the Munin jacket

Awarding the Munin jacket

Aker BP (OSE:AKRBP, OTCQX:AKRBF) has awarded Heerema Vlissingen a contract for procurement and construction for the Munin jacket in the Yggdrasil area.   “This is an important contract for the Yggdrasil development. With this award…

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Aker BP: Oil discovery near Yggdrasil

Aker BP: Oil discovery near Yggdrasil

Aker BP (OSE:AKRBP, OTCQX:AKRBF) is nearing completion of drilling the Øst Frigg Beta/Epsilon exploration well, situated in the Yggdrasil area of the Norwegian North Sea. The well has resulted in a significant oil discovery. Preliminary estimates…

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New milestone reached at Johan Sverdrup

New milestone reached at Johan Sverdrup

Aker BP (OSE:AKRBP, OTCQX:AKRBF) is pleased to announce that the production capacity at the Johan Sverdrup field has been successfully tested at 755,000 barrels oil per day. The development of Johan Sverdrup Phase 2 was completed in December,…

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Aker BP: Ex dividend USD 0.55 today

Aker BP: Ex dividend USD 0.55 today

The shares in Aker BP ASA will be traded ex dividend USD 0.55 (NOK 5.83506) as from today, 3 May 2023. The payment date will be on or about 11 May 2023.

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Aker BP: Key information related to cash dividend

Aker BP: Key information related to cash dividend

The following sets out the cash dividends to be paid by Aker BP in the second quarter 2023: Dividend amount: USD 0.55 per share (NOK 5.83506) Declared currency: USD Last day of trading including right:  2…

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Aker BP reports first quarter 2023 results

Aker BP reports first quarter 2023 results

Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY) delivered strong operational and financial performance in the first quarter 2023, with record production, low unit costs and high cash flow. All field development projects are on track, and the company…

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First quarter 2023 trading update

First quarter 2023 trading update

Aker BP (OSE: AKRBP) (OTCQX: AKRBF; AKRBY) will publish its financial report for the first quarter 2023 on Thursday 27 April 2023. Today the company provides an update on production and sales volumes and other relevant items for the quarter. Oil…

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Share and market information

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.

Halvårsrapport
13.07.2023
Kvartalsrapport – Q3
27.10.2023

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

    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
    11.05.2023
    Payout
    5,84 NOK
    per share
    Date of approval Ex date Record date Payment date Total dividend (USD million) Dividend per share (USD) Dividend per share (NOK)
    26.04.2023 03.05.2023 04.05.2023 11.05.2023 0,55 5,83506
    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 331,8 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.

    Largest shareholders

    DUE TO AN ERROR IN THE DATA FEED, THIS TABLE IS CURRENTLY NOT SHOWING CORRECT INFORMATION

    Investor Shares % of top 20 % av totalt Type Land
    AKER CAPITAL AS 133 757 576 30,32% 21,16% PRIV
    BP EXPLORATION OP CO LTD 100 302 878 22,74% 15,87% PRIV
    NEMESIA S.A.R.L. 90 908 785 20,61% 14,38% PRIV
    FOLKETRYGDFONDET 30 027 868 6,81% 4,75% PRIV
    STATE STREET BANK AND TRUST COMP 16 347 715 3,71% 2,59% PRIV
    JPMORGAN CHASE BANK, N.A., LONDON 14 740 797 3,34% 2,33% PRIV
    JPMORGAN CHASE BANK, N.A., LONDON 6 201 265 1,41% 0,98% PRIV
    STATE STREET BANK AND TRUST COMP 5 339 374 1,21% 0,84% PRIV
    STATE STREET BANK AND TRUST COMP 5 193 934 1,18% 0,82% PRIV
    AVANZA BANK AB 4 979 966 1,13% 0,79% PRIV
    CACEIS BANK 4 903 603 1,11% 0,78% PRIV
    SWEDBANK AB 3 685 595 0,84% 0,58% PRIV
    CLEARSTREAM BANKING S.A. 3 640 260 0,83% 0,58% PRIV
    VERDIPAPIRFONDET KLP AKSJENORGE IN 3 529 910 0,80% 0,56% PRIV
    JPMORGAN CHASE BANK, N.A., LONDON 3 442 339 0,78% 0,54% PRIV
    EUROCLEAR BANK S.A./N.V. 3 056 186 0,69% 0,48% PRIV
    SVENSKA HANDELSBANKEN AB 2 996 563 0,68% 0,47% PRIV
    THE BANK OF NEW YORK MELLON SA/NV 2 900 878 0,66% 0,46% PRIV
    STATE STREET BANK AND TRUST COMP 2 664 653 0,60% 0,42% PRIV
    VERDIPAPIRFOND ODIN NORGE 2 531 060 0,57% 0,40% PRIV
    Total number owned by top 20 441 151 205 69,79%
    Total number of shares 632 124 650 100,00%

    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

    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
    Danske Bank +47 854 07 784
    DnB Markets +47 24 16 92 97
    Goldman Sachs +44 20 7552 9383
    Jefferies +44 20 7029 8691
    J.P. Morgan +44 20 7134 9188
    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.

    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

    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>>

    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.

    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 billion Liquidity Facility
    Maturity May 2025 – USD 0.35 bn
    Maturity May 2026 – USD 1.65 bn
    Margin 0.75%
    Commitment fee 35% of applicable margin

    USD 1.4 billion Working Capital Facility
    Maturity May 2026
    Margin 1.00%
    Commitment fee 35% of applicable margin