- Aker BP narrows its full-year average production forecast to 420,000 – 440,000 barrels of oil equivalent per day (boe/d), revised from 410,000 – 440,000 boe/d.
- Preliminary second-quarter average production stands at 444,100 boe/d, slightly exceeding the estimate of 441,980 boe/d.
- Net volume sold in Q2 was 460.9k boe/d, including an overlift of 16.7k boe/d.
- The realised price for liquids in Q2 was $83.1 per barrel of oil equivalent (boe), and $57.2 per boe for natural gas.
- Average production for the first half of the year was 446k boe/d.
- Production in the second half of the year is expected to be impacted by planned maintenance activities.
- Aker BP will release its second-quarter report on July 12 at 6am CEST.
- Analyst recommendations include 14 buys, 10 holds, and 1 sell.
A look at Aker BP ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| 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
Based on the Smartkarma Smart Scores, Aker BP ASA shows a promising long-term outlook. With high scores in Dividend and strong scores in Value, Growth, Resilience, and Momentum, the company is positioned well in various areas. Aker BP ASA‘s focus on oil and gas exploration and production in the Norwegian Shelf is reflected positively in its overall outlook, indicating potential for steady growth and robust performance in the future.
Aker BP ASA‘s strong scoring in Dividend signifies a commitment to rewarding its shareholders, while its scores in Value, Growth, Resilience, and Momentum showcase a well-rounded performance across key factors. As an oil and gas company with a focus on the Norwegian Shelf, Aker BP ASA has the potential for sustained success and stability in the long term, making it an attractive prospect for investors seeking opportunities in the energy sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
