52 Week Range
As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Aker Solutions with Contemplated Tap Issue
Aker Solutions To Deliver Umbilicals For Project In United Arab Emirates
Aker Solutions Q2 EBITDA Up At NOK 623 Million
Aker Solutions ASA is a Norway-based company active in the oil and gas industry. The Company provides products, systems and services ranging from concept studies and front-end engineering to subsea production systems and services for enhancing and extending the life of a field. The operations are managed through value-chain based delivery centers. It operates through two segments: Projects and Services. The Projects segment provides subsea equipment and systems, engineering and procurement in addition to brownfield maintenance, modifications and hook-up. The Services segment includes maintenance, repair, spares supply, installation and commissioning of subsea equipment and production asset through regional service bases. The main customers are international, national and independent oil and gas and energy companies. The Company is active worldwide.
Oil Well Services & Equipment
Luis Antonio Gomes Araujo
Chief Executive Officer
Ole Martin Grimsrud
Chief Financial Officer
Chief Operating Officer; Executive Vice President, Subsea Lifecycle Services
Executive Vice President, Greenfield Projects
Linda Litlekalsoy Aase
Executive Vice President, Brownfield Projects
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Aker Solutions <AKSOL.OL> beat second-quarter earnings on Wednesday citing demand from the offshore oil sector despite price pressure from ongoing high capacity.
Oil services provider Aker Solutions said on Wednesday it continued to see high tendering activity in the offshore oil sector, but with continuous pressure on pricing, and reported second-quarter earnings that beat expectations.
* Previously expected marginal revenue uplift and flat margins
Norway's Aker Solutions ASA raised its 2019 outlook for oil services market on Tuesday, after it reported a higher-than-expected order intake for the first quarter, while profits topped forecasts.
Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means.
Norwegian oil industry-focused investment firm Aker still sees mergers and acquisitions opportunities for its oil service firms, including Aker Solutions, its chief executive said on Thursday.
The oil service market continues to show signs of recovery, Norway's Aker Solutions said on Friday as the company reported a higher than expected order intake for the fourth quarter, while profits were in line with forecasts.
Major European oil service groups Saipem <SPMI.MI> and Aker Solutions <AKSOL.OL> gave investors in the struggling sector a rare ray of hope on Wednesday by signaling signs of recovery.
Norwegian oil services firm Aker Solutions expects revenues next year to be higher than this year's, but with 2019 earnings margins around the same level as 2018's, and reported third-quarter profits that beat forecasts on Thursday.
The chief executive of Norwegian oil services company Aker Solutions sees high growth potential from its Brazilian business and from expansion in offshore windfarms, he said on Tuesday.
The chief executive of Norwegian oil services firm Aker Solutions said on Tuesday he sees big growth potential from its Brazilian business and from scaling up its exposure to floating offshore windfarms.
Unite the Union will ballot its members among offshore oil workers on Equinor's British North Sea Mariner platform again after Aker Solutions offered a new pay deal, Unite the Union said on Monday.
* Unions plan strikes at other N.Sea platforms (Adds Aker comment, detail)
Investment firm Aker, controlled by billionaire Kjell Inge Roekke, expects to pay higher dividends as the value of its energy-heavy portfolio rise, CEO Oevind Eriksen told Reuters on Wednesday.
* Norwegian shares traded down on Monday * Oslo's benchmark index fell -0.47 pct, or -4.05 points, to 858.67 points and was up by 5.93 pct year-to-date * The broader Oslo All Share Index was down 0.51 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse...
The CEO and the CFO of Aker Solutions ASA made the following statements on Friday:
* AKER SOLUTIONS UPGRADES ABERDEEN SITE TO TARGET GROWING SUBSEA SERVICES MARKET Source text: https://bit.ly/2FiAiPR Further company coverage: (Reporting By Terje Solsvik)
* The Directorate of Fisheries has today granted 7.68 development licenses (5,990 tonnes MAB) for the development of Arctic Offshore Farming
* AKER SOLUTIONS WINS ORDERS FROM AKER BP FOR OFFSHORE NORWAY FIELDS
* STATOIL HAS AWARDED NEW SUBSEA MAINTENANCE FRAMEWORK AGREEMENTS TO AKER SOLUTIONS , TECHNIPFMC AND ONESUBSEA.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.