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DETNF News and Press, Aker BP ASA From 06/02/22

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Company Name: Aker BP ASA
Stock Symbol: DETNF
Market: OTC

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DETNF - White House considering proposal to tax oil and gas "windfall" profits

Deputy Director of the National Economic Council, Ramamurti, told the Press Thursday that the White House is considering a "windfall" profits tax for US oil (USO) and gas (UNG) producers (XLE). The news follows a similar tax announcement in the UK, and proposal in the US&#...

DETNF - Japan Petroleum Is Trading At Net-Cash Value With Price Below Pre-Invasion And 2014 Levels

This E&P, infrastructure, and utility company trades at almost a negative enterprise value, with its net cash position and stocks in Inpex worth more than the market cap. The business is positively exposed to gas but mainly to oil prices, and has an emerging CCS business as well t...

DETNF - Norwegian oil production takes another step lower, misses April targets by 11%

Norway's Petroleum Directorate released official, country-level production results for April on Friday, showing disappointing oil production, but in-line natural gas output. After missing oil production targets by 181kb/d in March, April showed a further 82kb/d decrease in output, result...

DETNF - Aker BP ASA (DETNF) CEO Karl Hersvik on Q1 2022 Results - Earnings Call Transcript

Aker BP ASA (DETNF) Q1 2022 Earnings Conference Call April 28, 2022 2:30 AM ET Company Participants Kjetil Bakken - Vice President, Investor Relations Karl Hersvik - Chief Executive Officer David Tønne - Chief Financial Officer Conference Call Participants Teodor Nilsen - SB Markets Chri...

DETNF - Aker BP GAAP EPS of $1.49, revenue of $2.29B

Aker BP press release (OTCPK:DETNF): Q1 GAAP EPS of $1.49. Revenue of $2.29B (+102.7% Y/Y). For further details see: Aker BP GAAP EPS of $1.49, revenue of $2.29B

DETNF - Norway production report - gas volumes rise, while liquids volumes miss targets

The Norwegian Petroleum Directorate released its monthly, country-wide production report for February on Friday, showing rising natural gas volumes and stable liquids volumes. Natural gas production exceeded plan by 9.3%, and rose 1.3% from January levels. Liquids production (USO) missed...

DETNF - Norway to expand drilling opportunities in new licensing round

Norway will offer new licenses to drill for oil and gas in the Arctic, North Sea and Barents, the Government announced Thursday. In last year's round of licensing, Equinor (NYSE:EQNR), Aker BP (OTCPK:DETNF), Lundin (OTCPK:LNDNF) and Var Energies won a majority of newly awarded blocks. In the ...

DETNF - Ukraine - Trading Ideas

This is a third installment on ideas of how am I protecting my portfolio against the Russia War against Ukraine. I bought last two weeks oil positions in Aker BP (DETNF) and Africa Oil (AOIFF). I am very bullish on QFUEL. For QFUEL, war is not positive, so it does not fully fit in...

DETNF - EU Commission to propose Windfall tax on big oil, proceeds to fund renewables

According to Reuters sources, the European Commission will propose EU countries tax energy companies' windfall profits from the gas price rise. With revenue from the windfall being invested in renewable energy sources. The proposal is subject to change, but would not introduce an EU...

DETNF - Aker BP ASA 2021 Q4 - Results - Earnings Call Presentation

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

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