Aker BP ASA/Nkr AKRBP

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About Aker BP ASA

Aker BP ASA is a Norwegian oil exploration and production company operating primarily in the petroleum industry. The company's core business involves offshore oil and gas exploration, as well as the development and production of resources on the Norwegian Continental Shelf. Aker BP was formed in 2016 through the merger of Det Norske Oljeselskap ASA and BP Norge AS, combining strategic assets and expertise from two established players. Its headquarters are located in Lysaker, Norway. Aker BP leverages advanced technology and collaborative partnerships to optimize resource extraction and operational efficiency, contributing to its competitive positioning within the energy sector. The company holds interests in several key assets, including notable platforms such as Valhall and Johan Sverdrup.
Ticker
Nkr AKRBP
Sector
Energy
Primary listing
XOSL
Employees
3,035
Headquarters
Lysaker, Norway
Website
akerbp.com

Aker BP ASA Metrics

BasicAdvanced
kr 234B
17.60
kr 20.98
-0.09
kr 25.18
6.82%

Bulls say / Bears say

Aker BP delivered strong second-quarter cash generation, with USD 3.1 billion of operating cash flow, USD 521 million of net profit and USD 6.0 billion of available liquidity; management also raised the lower end of 2026 production guidance to 380 mboepd. (Aker BP)
The growth pipeline is advancing: Symra started production nine months ahead of schedule, Skarv Satellites was accelerated, and Yggdrasil and Valhall PWP–Fenris remained on track for first production in 2027. (Aker BP)
A strategic collaboration with Equinor covering Ringvei Vest, Yggdrasil and Wisting should improve portfolio alignment and resource recovery, while Aker BP continues to benefit from strong production efficiency and a low-cost Norwegian Continental Shelf portfolio. (Aker BP)
Valhall PWP–Fenris execution costs have risen materially: Norwegian business media reported the estimate increasing to USD 7.3–7.6 billion, while Aker BP also booked a USD 625 million impairment linked partly to weaker near-term oil and gas prices. (E24)
The company remains heavily dependent on successful delivery of Yggdrasil and Valhall PWP–Fenris, with both major projects targeted for first production in 2027; higher activity levels and updated investment estimates increase execution and capital-allocation risk. (Aker BP)
Second-quarter net production of 383.6 mboepd was below first-quarter production of 398 mboepd, and the 2026 guidance range of 380–400 mboepd leaves limited room for operational underperformance or project delays. (Aker BP; Aker BP)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.