Previous close | 57.75 |
Open | 58.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 58.00 - 58.00 |
52-week range | 54.60 - 65.78 |
Volume | |
Avg. volume | 5 |
Market cap | 4.378B |
Beta (5Y monthly) | 1.24 |
PE ratio (TTM) | 16.48 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.81 (4.85%) |
Ex-dividend date | 18 Apr 2024 |
1y target est | N/A |
Norwegian independent oil company Aker BP on Wednesday posted higher-than-expected net profit for the first quarter as costs fell, and said its Tyrving field development could start production sooner than previously planned. The company, partly owned by BP, reported a net profit of $531 million for the January to March period, up from $187 million a year earlier, beating a $470 million forecast in a company-compiled poll of analysts. Oslo-listed Aker BP shares were trading around 1% up by 0823 GMT, outperforming the European oil and gas sector, which was 0.5% higher.
Aker BP plans to boost its capital spending by more than 50% in 2024 as it develops new fields, Norway's second-largest listed oil group said on Thursday, as it raised its quarterly dividend by 9% to $0.60 per share. Aker BP sees capital spending rising to $5 billion this year from $3.3 billion in 2023.