Added to YB: 2025-02-03
Pitch date: 2024-12-18
AKRBY [bullish]
Aker BP ASA
+31.66%
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 9.33
Price Target
N/A
Dividend
9.77%
EV/EBITDA
2.12
P/E
22.39
EV/Sales
1.87
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Aker BP ASA - $AKRBY
AKRBY: Norway's 2nd largest O&G producer. Low-cost, low-emission fields. 12.4% div yield, 35-40% OCF yield, 13-15% FCF yield, 7x P/E, 1x P/B. 5% div growth guided. 7.2yr 1P reserves, 25yr incl. 3P. Break-even ~$35-40/bbl. 78% tax but 100% CAPEX deductible. Strong mgmt, 20% CAGR over 10yrs.
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