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

2022
2021
2020
2019
2018
ESEF Rapport Presentasjon Web cast
Andre kvartal PDF PDF
Første kvartal PDF PDF
Remuneration report PDF
Reserverapport PDF
Bærekraftsrapport PDF
Årsrapport ZIP PDF
Fjerde kvartal PDF PDF
Tredje kvartal PDF 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
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

Mandatory notification of trades

Mandatory notification of trades

Primary insider in Aker BP, Ørjan Kristensen Brakstad (deputy employee representative), has today sold 168 shares in Aker BP at a price of NOK 361.58 per share. New holding is 255 shares. The notification form is included in the attachment.

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Aker BP projects create 145,000 man-years at Norwegian supplier companies

Aker BP projects create 145,000 man-years at Norwegian supplier companies

Aker BP will invest NOK 150 billion in development projects on the Norwegian continental shelf over the next five to six years. The projects operated by Aker BP alone will contribute to 145,000 man-years in Norway and NOK 170 billion in expected tax…

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Aker BP-prosjekter skaper 145 000 årsverk hos norske leverandørbedrifter

Aker BP-prosjekter skaper 145 000 årsverk hos norske leverandørbedrifter

Aker BP skal investere 150 milliarder kroner i utbyggingsprosjekt på norsk sokkel de neste fem-seks årene. Prosjektene Aker BP er operatør for vil alene bidra til 145 000 årsverk i Norge og 170 milliarder kroner i forventet skatt til staten. -…

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Minutes from the extraordinary general meeting

Minutes from the extraordinary general meeting

Please find attached the minutes from the extraordinary general meeting held today. All agenda items were approved. 

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Milliard-avtale til Rosenberg Worley

Milliard-avtale til Rosenberg Worley

Aker BP og alliansepartner Aker Solutions tildeler Rosenberg Worley en intensjonsavtale for bygging av to moduler til den nye sentralplattformen på Valhallfeltet i Nordsjøen. Kontrakten representerer det største nybyggprosjektet på mange år og…

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Billion-kroner contract to Rosenberg Worley

Billion-kroner contract to Rosenberg Worley

Aker BP and alliance partner Aker Solutions are awarding Rosenberg Worley a letter of intent for the construction of two modules for the new central platform on the Valhall field in the North Sea. This contract represents the largest new-build…

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Notification of trades

Notification of trades

Reference is made to Aker BP’s press release from 8 August 2022, where the company announced its plan to buy up to 1,000,000 own shares in connection with the company’s employee share saving plan. In the period from 22 August to 23 August, the…

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Notification of trades

Notification of trades

Reference is made to Aker BP’s press release from 8 August 2022, where the company announced its plan to buy up to 1,000,000 own shares in connection with the company’s employee share saving plan. In the period from 15 August to 19 August, the…

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PDMR notification

PDMR notification

Karl Johnny Hersvik, CEO in Aker BP ASA (the «Company»), has 16 August 2022 executed an internal reorganization of the ownership to his shares in the Company. NO 11 Invest AS, a company controlled by Hersvik and his former spouse has acquired 10,355…

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Aker BP: Ex dividend USD 0.525 today

Aker BP: Ex dividend USD 0.525 today

The shares in Aker BP ASA will be traded ex dividend USD 0.525 (NOK 5.20559) as from today, 16 August 2022. The payment date will be on or about 24 August 2022.

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Notification of trades

Notification of trades

Reference is made to Aker BP’s press release from 8 August 2022, where the company announced its plan to buy up to 1,000,000 own shares in connection with the company’s employee share saving plan. In the period from 9 August to 12 August, the…

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Overleverer PUD for Trell & Trine i Alvheim-området

Overleverer PUD for Trell & Trine i Alvheim-området

Aker BP (operatør) og lisenspartnere Petoro og LOTOS Exploration & Production Norge har i dag overlevert Plan for utbygging og drift (PUD) for Trell & Trine til Olje- og energidepartementet (OED). Utbyggingen vil utnytte den forlengede…

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Contact investor relations

    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.

    Kvartalsrapport – Q3
    26.10.2022
    Kvartalsrapport – Q4
    10.02.2023
    Årsrapport
    24.03.2023
    Ordinær generalforsamling
    14.04.2023
    Kvartalsrapport – Q1
    27.04.2023

    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.

    Share and market information

    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.

    Last dividend
    24.08.2022
    Payout
    5,21 NOK
    per share
    Date of approval Ex date Record date Payment date Total dividend (USD million) Dividend per share (USD) Dividend per share (NOK)
    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

    Investor Shares % of top 20 % av totalt Type Land
    AKER CAPITAL AS 133 757 576 29,18% 21,16% COMP NOR
    BP EXPLORATION OP CO LTD 100 302 878 21,88% 15,87% COMP GBR
    NEMESIA S.A.R.L. 90 825 323 19,82% 14,37% COMP CHE
    FOLKETRYGDFONDET 22 274 746 4,86% 3,52% COMP NOR
    JPMORGAN CHASE BANK, N.A., LONDON 19 741 895 4,31% 3,12% NOM GBR
    JPMORGAN CHASE BANK, N.A., LONDON 15 619 589 3,41% 2,47% NOM GBR
    STATE STREET BANK AND TRUST COMP 13 740 945 3,00% 2,17% NOM USA
    SKANDINAVISKA ENSKILDA BANKEN AB 6 349 999 1,39% 1,00% NOM SWE
    JPMORGAN CHASE BANK, N.A., LONDON 6 034 911 1,32% 0,95% NOM GBR
    JPMORGAN CHASE BANK, N.A., LONDON 6 015 892 1,31% 0,95% NOM GBR
    JPMORGAN CHASE BANK, N.A., LONDON 5 957 895 1,30% 0,94% NOM GBR
    STATE STREET BANK AND TRUST COMP 5 688 740 1,24% 0,90% NOM USA
    AVANZA BANK AB 5 132 159 1,12% 0,81% NOM SWE
    CACEIS BANK 4 867 301 1,06% 0,77% NOM LUX
    STATE STREET BANK AND TRUST COMP 4 834 732 1,05% 0,76% NOM USA
    SWEDBANK AB 3 752 653 0,82% 0,59% NOM SWE
    STATE STREET BANK AND TRUST COMP 3 629 889 0,79% 0,57% NOM USA
    CLEARSTREAM BANKING S.A. 3 554 332 0,78% 0,56% NOM LUX
    VERDIPAPIRFONDET KLP AKSJENORGE IN 3 198 825 0,70% 0,51% COMP NOR
    SVENSKA HANDELSBANKEN AB 3 059 277 0,67% 0,48% NOM SWE
    Total number owned by top 20 458 339 557 72,52%
    Total number of shares 632 022 210 100,00%

    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.

    Company Analyst Phone
    ABG Sundal Collier ASA +47 22 01 61 87
    ABN AMRO Oddo BHF +31 20 383 1216
    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
    Pareto Securities AS +47 24 13 21 86
    Redburn +44 20 7000 2019
    RBC Europe Ltd +44 7713 388 825
    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 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.

    Tax

    Tax is an important factor for Aker BP. The 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 2021 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 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