OB:AKRBPOil and Gas
Aker BP (OB:AKRBP) Could Be 9% Overvalued After Early Skarv Start And Exploration Deal
Aker BP (OB:AKRBP) is back in focus after production started from the Skarv Satellite Project a year ahead of schedule, alongside a new exploration collaboration with Equinor and Vår Energi on the Norwegian continental shelf.
Aker BP’s recent production start at Skarv and its new exploration partnership with Equinor and Vår Energi have coincided with firm share price momentum, including a 37.55% year to date share price return and a 52.49% total shareholder return over the past year. This...