- Aker BP’s preliminary average production for 4Q came in at 449,200 barrels of oil equivalent per day (boe/d), surpassing estimates of 437,163 boe/d.
- Due to underlift, the net volume sold during the quarter was slightly lower, at 439,200 boe/d.
- For the full year 2024, Aker BP’s equity production averaged 439,000 boe/d, aligning closely with the upper end of their guidance range (430,000-440,000 boe/d).
- The realised prices for the company were $74.1 per barrel of oil equivalent (boe) for liquids and $79.0 per boe for natural gas.
- Aker BP plans to release its complete 4Q24 report on February 12 at 06:00 Central European Time (CET).
- Analyst recommendations for the company include 14 buy ratings, 8 hold ratings, and 4 sell ratings.
A look at Aker BP ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking ahead, Aker BP ASA seems to have a positive long-term outlook based on the Smartkarma Smart Scores. With a top score in Dividend and Momentum, the company is set to excel in providing returns to its investors and maintaining a strong upward trajectory in the market. Additionally, scoring well in Growth and Resilience indicates a solid potential for expansion and ability to withstand economic fluctuations. Although not the highest, the Value score of 3 suggests that Aker BP ASA offers fair value to investors considering its financial health and market position. Overall, Aker BP ASA‘s Smart Scores paint a promising picture for its future prospects.
Aker BP ASA operates as an oil and gas exploration and production company, concentrating on the exploration and development of petroleum resources specifically on the Norwegian Shelf. With a strong emphasis on dividend payments and impressive momentum, the company showcases a commitment to rewarding its shareholders and demonstrates a favorable market performance. Moreover, its focus on growth and resilience signifies a drive towards sustainable development and the ability to navigate challenges effectively. While the company’s value score is moderate, its overall outlook appears optimistic, positioning Aker BP ASA as a competitive player in the oil and gas sector over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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