- Aker BP’s preliminary average production for the first quarter has exceeded estimates, reaching 448,000 barrels of oil equivalent per day (boe/d) against an estimate of 432,973.
- The underlift for the period amounted to 19,000 barrels of oil equivalent per day (boepd).
- The company is set to release its first quarter report on April 24 at 7:00 Central European Summer Time (CEST).
- The net volume sold during the quarter was 428,900 barrels of oil equivalent per day (boepd).
- The company’s current rating stands at 13 buys, 10 holds, and 1 sell.
A look at Aker BP ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Aker BP ASA, an oil and gas exploration and production company, has received a promising outlook for its long-term future. According to the Smartkarma Smart Scores, the company has received a score of 3 for value, indicating a positive outlook for its financial performance. Additionally, Aker BP ASA has been awarded a score of 5 for both dividend and growth, highlighting its potential for consistent returns and expansion in the market. With a score of 4 for resilience, the company has also demonstrated its ability to withstand potential challenges and maintain stability. However, Aker BP ASA has received a score of 3 for momentum, suggesting a need for improvement in its market momentum. Overall, the company’s strong scores in various factors bode well for its future success in the oil and gas industry.
Based on its focus on exploration and development of petroleum resources on the Norwegian Shelf, Aker BP ASA has established itself as a key player in the energy sector. The company’s strong scores in value, dividend, growth, and resilience further solidify its position in the market and showcase its potential for long-term success. While its momentum score suggests room for improvement, Aker BP ASA‘s overall outlook remains positive. As it continues to expand and explore new opportunities, the company is well-positioned to capitalize on the growing demand for oil and gas resources. With its dedication to innovation and sustainable practices, Aker BP ASA is set to thrive in the ever-evolving energy industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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