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
| Rapport | Presentasjon | Web cast | |
|---|---|---|---|
| Kapitalmarkedsoppdatering | |||
| Årsrapport | |||
| Reserverapport | |||
| Bærekraftsrapport | |||
| Kapitalmarkedsoppdatering | |||
| Fjerde kvartal | |||
| Tredje kvartal | |||
| Andre kvartal | |||
| Første kvartal | |||
| Årsrapport | |||
| Årlig reserverapport | |||
| Kapitalmarkedsoppdatering | |||
| Fjerde kvartal | |||
| Tredje kvartal | |||
| Andre kvartal | |||
| Første kvartal | |||
| 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
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
Ex dividend USD 0.3124 today
Moody’s upgrades Aker BP to Baa3 with stable outlook
Aker BP: Key information related to the cash dividend
Kapitalmarkedsoppdatering og resultat for fjerde kvartal 2020
Capital Markets Update and fourth quarter 2020 results
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.
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.
| Date of approval | Ex date | Record date | Payment date | Total dividend (USD million) | Dividend per share (USD) | Dividend per share (NOK) |
|---|---|---|---|---|---|---|
| 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 2021.
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
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 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
Aker BP has obtained credit ratings from S&P, Moody’s and Fitch. S&P Global Ratings has assigned a BBB- long-term corporate credit rating with stable 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 (29 June 2020)
Moody’s (4 February 2021)
Fitch (11 May 2020)
USD Bonds
USD 750 mill 4,75% Senior Note, 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 Note, 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 5,875% Senior Note, 31 March 2025
Coupon payable semi-annually on 31 March and 30 September
First call date 31 March 2021
The Senior Notes are listed on The International Stock Exchange (“TISE”)
TISE listing information
USD 500 mill 2,875% Senior Note, 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 Note, 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 Note, 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
Revolving Credit Facility (RCF)
The Facilities will be used for general corporate purposes and supporting strong financial capacity.