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Aker ASA (AKER.OL)

AKER.OL on Oslo Stock Exchange

556.00NOK
16 Nov 2018
Change (% chg)

kr2.00 (+0.36%)
Prev Close
kr554.00
Open
kr560.00
Day's High
kr568.00
Day's Low
kr551.00
Volume
73,393
Avg. Vol
109,422
52-wk High
kr746.00
52-wk Low
kr358.00

Latest Key Developments (Source: Significant Developments)

Aker ASA Q3 net asset value rises to NOK 63.3 billion
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Aker ASA ::REG-AKER ASA: THIRD-QUARTER RESULTS 2018 - NET ASSET VALUE OF NOK 63.3 BILLION.AKER Q3 NET ASSET VALUE NOK 63.3 BILLION ($7.59 BILLION)VERSUS NOK 57.1 BILLION IN Q2.  Full Article

Aker CEO sees Aker Energy IPO in 2019, eyes Cognite within 2 years
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Aker ASA ::AKER ASA CEO SAYS INDUSTRY DATA COMPANY COGNITE MAY EVENTUALLY BE LISTED.AKER ASA CEO SAYS COGNITE LISTING COULD TAKE PLACE "WITHIN A COUPLE OF YEARS".AKER ASA CEO SAYS AKER ENERGY IS EXPECTED TO LAUNCH AN IPO IN 2019.  Full Article

Aker CEO: Aker Solutions ready for M&A, with conditions
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Aker ASA CEO says::AKER SOLUTIONS <<>> IS READY TO PARTICIPATE IN MARKET CONSOLIDATION IF THE RESULT IS ENHANCED COMPETITIVENESS AND SHAREHOLDER VALUE.  Full Article

Aker BP's Q1 output rose to 158,600 boe/day
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Aker BP ASA ::AKERBP: FIRST QUARTER 2018 PRODUCTION.PRODUCED 158.6 THOUSAND BARRELS OF OIL EQUIVALENTS PER DAY IN Q1 2018 VERSUS 135.6 THOUSAND BOED IN Q4.AKER BP'S INTEREST IN THE VALHALL AND HOD FIELDS INCREASED TO 90% FROM FIRST QUARTER 2018.  Full Article

Aker ASA plans NOK-denominated 5-year bond issue
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Aker Asa ::FIXED INCOME INVESTOR MEETINGS AND POTENTIAL NEW BOND ISSUE.‍HAS ENGAGED ARCTIC SECURITIES, NORDEA AND SEB TO ARRANGE A SERIES OF FIXED INCOME INVESTOR MEETINGS IN NORDIC REGION, COMMENCING ON TUESDAY 16 JANUARY 2018​.‍A NOK DENOMINATED SENIOR UNSECURED BOND ISSUE WITH FIVE YEAR TENOR MAY FOLLOW, SUBJECT TO INTER ALIA MARKET CONDITIONS​.‍PROCEEDS FROM POTENTIAL BOND ISSUE WILL BE USED FOR GENERAL CORPORATE PURPOSES​.  Full Article

Aker BP raises 2018 dividend plan to $450 mln, sees further increase
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Aker Bp Asa ::‍DURING 2017, AKER BP INCREASED ITS RESERVES (2P) BY A NET OF 202 MILLION BARRELS OF OIL EQUIVALENTS (MMBOE), TO A TOTAL OF 913 MMBOE​.‍TO INCREASE DIVIDENDS FOR 2018 TO USD 450 MILLION.CLEAR AMBITION TO GROW DIVIDENDS FURTHER IN COMING YEARS BY USD 100 MILLION ANNUALLY TO 2021​​.‍AKER BP'S PRO-FORMA PRODUCTION IN 2017 WAS 160 MBOEPD, INCLUDING PRODUCTION FROM HESS NORWAY​.‍2018 PRODUCTION IS EXPECTED TO BE BETWEEN 155 AND 160 MBOEPD, WITH AN AVERAGE PRODUCTION COST OF 12 USD/BOE​.‍WITH ITS CURRENT PORTFOLIO, COMPANY HAS POTENTIAL TO PRODUCE 330 MBOEPD IN 2023​.‍WHILE COMPANY'S OIL AND GAS RESERVES GREW TO 913 MMBOE AT END OF 2017, CONTINGENT RESOURCES WERE ESTIMATED AT 785 MMBOE AT YEAR-END 2017, EACH WITH AN INCREASE OF APPROXIMATELY 30 PERCENT FROM PREVIOUS YEAR​.‍ORGANIC RESERVE REPLACEMENT RATIO (RRR) WAS 2.3 TIMES PRODUCTION, AND TOTAL RRR WAS 4.5 TIMES.​.‍HAS AN AMBITION TO DISCOVER A NET OF 250 MMBOE OIL AND GAS IN 2016 - 2020 PERIOD​.‍COMPANY WILL CONTINUE ITS ACTIVE EXPLORATION STRATEGY IN 2018 WITH 12 EXPLORATION WELLS TO BE DRILLED, WITH RISKED PRE-DRILL ESTIMATES RANGING FROM 50 - 150 MMBOE NET TO AKER BP​.‍FURTHER INFILL WELLS AT ULA AND TAMBAR ARE BEING EVALUATED, AND ODA DEVELOPMENT IS ONGOING​.‍TAMBAR RE-DEVELOPMENT IS WELL UNDERWAY, EXPECTING FIRST OIL IN 2018​.2018 ‍CAPEX SEEN AT AROUND USD 1.3 BILLION​.2018 EXPEX SEEN AT AROUND USD 350 MILLION​.2018 DECOM EXPENDITURE SEEN AT AROUND USD 350 MILLION​.  Full Article

‍Aker BP produced 135,600 boe per day in Q4 2017, in line with guidance
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Aker Bp Asa ::AKERBP: FOURTH QUARTER 2017 PRODUCTION.‍AKER BP ASA PRODUCED 135.6 THOUSAND BARRELS OF OIL EQUIVALENTS PER DAY («MBOEPD») IN Q4 2017​.‍FOR YEAR 2017, COMPANY'S PRODUCTION AVERAGED 138.8 MBOEPD, IN LINE WITH LATEST GUIDANCE.  Full Article

Aker says Norske Skog would be added to its industrial portfolio
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Aker ASA and Oceanwood said on Thursday::Aker and Oceanwood to serve as "backstop bidder" in case no other bids emerge for norske skog plants -Oceanwood spokesman.Aker CEO on Norske Skog: "It would be a new industrial portfolio and diversification of our portfolio".Aker CEO: "Our main role is to fund our proportion a purchase price if our bid is successful. We will be equity owner.".  Full Article

Aker CEO says no plans to dilute stake in Aker BP
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Aker ASA Chief Executive Oeyvind Eriksen said::No plans to take Akastor private, will continue to be listed.Says has no plans to dilute stake in Aker BP.Wants to explore Kvaerner growth opportunities, both geografically and accross the business portfolio.  Full Article

Aker says Norway, Brazil contract opportunities crucial to Aker Solutions
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Aker ASA Chief Executive Oeyvind Eriksen said on Thursday::Oil service market is improving, several subsea projects expected to be awarded shortly, with majority in Norway and Brazil.Those contract awards would be crucial for Aker Solutions going forward.  Full Article

Aker BP to control Norwegian oil platform from onshore next year

OSLO, Nov 15 Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.