DETNF News and Press, Aker BP ASA From 02/11/22

The following slide deck was published by Aker BP ASA in conjunction with their 2021 Q4 earnings call. For further details see: Aker BP ASA 2021 Q4 - Results - Earnings Call Presentation

Aker BP ASA (DETNF) Q4 2021 Earnings Conference Call February 10, 2022 02:30 ET Company Participants Kjetil Bakken - Vice President, Investor Relations Karl Hersvik - Chief Executive Officer David Tønne - Chief Financial Officer Conference Call Participants James Thompson - JPMorgan Yoan...

Aker BP press release (OTCPK:DETNF): Q4 GAAP EPS of $1.01. Total income of $1.85B (+121.8% Y/Y) beats by $30M. For 2022, the company’s financial plan consists of the following key parameters:Production of 210-220 mboepd; Capex of around $1.6 billion; Exploration spend of around USD 400...

Lundin Energy (OTCPK:LNDNF) and Aker BP (OTCPK:DETNF), two independent oil and gas producers in the Norwegian North Sea, announced plans to merge today. Lundin traces its roots back to the 1980s, when International Petroleum was founded by mining magnet Adolf Lundin, with exploration assets f...

European natural gas prices (Dutch TTF) traded up another 21% today, after setting an all time record yesterday. US hub gas prices (NG1:COM) are ~$4 / mmbtu; Euro gas prices are up ~$8 today alone. Euro consumers are now paying ~14x the price paid by US consumers, up over 1,000% year ove...

BP (BP -1.2%) and Aker say they are considering a potential sale of a 5% stake in their Aker BP (OTCPK:DETNF) Norwegian oil and gas joint venture, after its shares hit an all time high this week. If the sale moves forward, BP would sell ~2.1% of its stake and Aker would sell ~2.9%, reducing t...

Aker BP ASA (DETNF) Q3 2021 Results Earnings Conference Call October 28, 2021, 08:00 AM ET Company Participants Kjetil Bakken - Vice President, Investor Relations Karl Johnny Hersvik - Chief Executive Officer David Tønne - Chief Financial Officer Conference Call Participants Anders Holte...

The following slide deck was published by Aker BP ASA in conjunction with their 2021 Q3 earnings call. For further details see: Aker BP ASA 2021 Q3 - Results - Earnings Call Presentation

Amid the pandemic, Aker BP's debt surged while the DPS was sharply cut. The return to the 2019 DPS level will be fairly long, even assuming double-digit growth. However, its most recent results were solid. Leverage remains fairly comfortable, while the growth story is intact, and valu...

Aker BP ASA (DETNF) Q2 2021 Earnings Conference Call July 15, 2021 02:30 AM ET Company Participants Kjetil Bakken - Head of Investor Relations Karl Hersvik - Chief Executive Officer David Tønne - Chief Financial Officer Conference Call Participants Sasikanth Chilukuru - Morgan Stanley Ka...