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Aker Solutions ASA

AKSOL.OL

Latest Trade

24.15NOK

Change

0.00(0.00%)

Volume

1,370,992

Today's Range

23.70

 - 

24.57

52 Week Range

22.60

 - 

57.00

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
24.15
Open
24.36
Volume
1,370,992
3M AVG Volume
27.11
Today's High
24.57
Today's Low
23.70
52 Week High
57.00
52 Week Low
22.60
Shares Out (MIL)
271.53
Market Cap (MIL)
6,621.56
Forward P/E
13.20
Dividend (Yield %)
--

Next Event

Q3 2019 Aker Solutions ASA Earnings Release

Latest Developments

More

Aker Solutions Identified As Lowest Bidder For Subsea Manifolds

Aker Solutions with Contemplated Tap Issue

Aker Solutions To Deliver Umbilicals For Project In United Arab Emirates

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About Aker Solutions ASA

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.

Industry

Oil Well Services & Equipment

Contact Info

Oksenoyveien 8

+47.67.513000

https://www.akersolutions.com/

Executive Leadership

Luis Antonio Gomes Araujo

Chief Executive Officer

Ole Martin Grimsrud

Chief Financial Officer

Dean Watson

Chief Operating Officer; Executive Vice President, Subsea Lifecycle Services

Egil Boyum

Executive Vice President, Greenfield Projects

Linda Litlekalsoy Aase

Executive Vice President, Brownfield Projects

Key Stats

1.95 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, NOK)

2016

25.6K

2017

22.5K

2018

25.2K

2019(E)

28.3K
EPS (NOK)

2016

0.920

2017

1.930

2018

2.010

2019(E)

1.848
Price To Earnings (TTM)
16.04
Price To Sales (TTM)
0.23
Price To Book (MRQ)
0.94
Price To Cash Flow (TTM)
5.65
Total Debt To Equity (MRQ)
130.10
LT Debt To Equity (MRQ)
109.92
Return on Investment (TTM)
3.63
Return on Equity (TTM)
1.98

Latest News

Latest News

Aker Solutions beats forecasts despite pricing pressure

Aker Solutions <AKSOL.OL> beat second-quarter earnings on Wednesday citing demand from the offshore oil sector despite price pressure from ongoing high capacity.

Aker Solutions' Q2 earnings beat forecasts

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.

UPDATE 2-Aker Solutions raises 2019 forecasts on improving oil services outlook

* Previously expected marginal revenue uplift and flat margins

Aker Solutions ups 2019 oil services market outlook on Q1 profit beat

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.

UPDATE 1-Aker Energy eyes IPO after submitting Ghana oilfield plan in March

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.

Aker CEO: still sees M&A opportunities for its oil services firms

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.

Aker Solutions eyes oil service market recovery as order intake beats forecast

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.

Oil service recovery forecasts lift Europe's Saipem and Aker

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.

Aker Solutions sees 2019 earnings margins on par with 2018, Q3 beats

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.

UPDATE 1-Norway's Aker Solutions to step up expansion in offshore wind farms

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.

Aker Solutions CEO expects Brazil revenue to double within 5 yrs

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.

New strike ballot for Mariner oil platform workers after Aker offer

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.

UPDATE 5-Total's North Sea oil platforms hit by 24-hour strike

* Unions plan strikes at other N.Sea platforms (Adds Aker comment, detail)

Investment firm Aker sees higher dividend as net asset value rises

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 STOCKS-Fish farmers sink as government considers resource tax

* 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...

BRIEF-Aker Solutions CEO: Tie-up of Subsea 7 and McDermott would reduce competition

The CEO and the CFO of Aker Solutions ASA made the following statements on Friday:

BRIEF-Norway's Aker Solutions upgrades Aberdeen site

* AKER SOLUTIONS UPGRADES ABERDEEN SITE TO TARGET GROWING SUBSEA SERVICES MARKET Source text: https://bit.ly/2FiAiPR Further company coverage: (Reporting By Terje Solsvik)

BRIEF-Norway Royal Salmon granted development licenses for Arctic offshore farming

* The Directorate of Fisheries has today granted 7.68 development licenses (5,990 tonnes MAB) for the development of Arctic Offshore Farming

REFILE-BRIEF-Aker Solutions wins orders from Aker BP, value not disclosed

* AKER SOLUTIONS WINS ORDERS FROM AKER BP FOR OFFSHORE NORWAY FIELDS

BRIEF-Statoil awards subsea contracts worth up to NOK 40 bln

* 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.

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