DETNF - Aker BP: Dividend Up Vigorous Drilling In 2019

In January, Norwegian upstream company Aker BP (DETNF) rallied backed by rebounded Brent. Its 1-year returns including dividends amount to 20.5%. On Monday, January 29, 2018, share price on the Oslo Stock Exchange was NOK 231.6, on January 25, 2019, it reached NOK 280.2. Returns of Norwegian and the U.S. markets are as follows:

Despite the oil market downturn, Aker BP managed not only to stick to its promises regarding dividend but also announced an update, $750 million plan for 2019. On January 11, 2019, Stifel upgraded Aker BP

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