Added to YB: 2025-09-22
Pitch date: 2025-09-18
ARC.F [bullish]
Aker BP ASA
+2.68%
current return
Author Info
No bio for this author
Company Info
Aker BP ASA explores for, develops, and produces oil and gas on the Norwegian Continental Shelf. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016.
Market Cap
NOK 16.3B
Pitch Price
NOK 243.47
Price Target
35.00 (-86%)
Dividend
9.77%
EV/EBITDA
2.12
P/E
22.39
EV/Sales
1.87
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Why We Bought Aker BP: A Technology-First Oil Company (Part 4)
AKRBF: Tech-first oil co focused on Norwegian Continental Shelf w/ unique 'alliance model' aligning supplier incentives. Production costs cut from $12 to $6.20/barrel, 97% well uptime. 11% dividend yield at $22-23 purchase price, targeting $35 (10x 2029 earnings of $3.50). Double return potential w/ $11 dividends by 2029.
Read full article (6 min)