Aker BP Past Earnings Performance

Past criteria checks 4/6

Aker BP has been growing earnings at an average annual rate of 47.5%, while the Oil and Gas industry saw earnings growing at 37% annually. Revenues have been growing at an average rate of 37.9% per year. Aker BP's return on equity is 13.4%, and it has net margins of 12.5%.

Key information

47.5%

Earnings growth rate

37.9%

EPS growth rate

Oil and Gas Industry Growth	33.7%
Revenue growth rate	37.9%
Return on equity	13.4%
Net Margin	12.5%
Next Earnings Update	12 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Aker BP makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:AKRB.F Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	13,436	1,680	237
31 Dec 23	13,670	1,336	266
30 Sep 23	13,929	1,284	231
30 Jun 23	15,295	1,459	242
31 Mar 23	14,030	1,268	282
31 Dec 22	12,974	1,603	242
30 Sep 22	11,010	1,832	293
30 Jun 22	7,699	1,274	305
31 Mar 22	6,810	1,222	340
31 Dec 21	5,694	828	353
30 Sep 21	4,671	616	312
30 Jun 21	3,781	491	247
31 Mar 21	3,233	506	195
31 Dec 20	2,874	45	174
30 Sep 20	3,023	27	217
30 Jun 20	3,069	-97	255
31 Mar 20	3,260	-204	265
31 Dec 19	3,339	141	306
30 Sep 19	3,250	92	293
30 Jun 19	3,476	252	317
31 Mar 19	3,625	318	332
31 Dec 18	3,713	476	296
30 Sep 18	3,556	447	280
30 Jun 18	3,213	443	250
31 Mar 18	2,875	374	250
31 Dec 17	2,576	275	226
30 Sep 17	2,383	174	214
30 Jun 17	2,026	125	181
31 Mar 17	1,707	72	142
31 Dec 16	1,261	35	147
30 Sep 16	938	-54	123
30 Jun 16	972	-284	109
31 Mar 16	1,037	-283	98
31 Dec 15	1,160	-313	76
30 Sep 15	1,285	-443	78
30 Jun 15	1,023	-294	126
31 Mar 15	710	-274	121
31 Dec 14	412	-279	124
30 Sep 14	120	-51	146
30 Jun 14	149	-59	149
31 Mar 14	171	-93	161
31 Dec 13	159	-93	183
30 Sep 13	133	-44	190
30 Jun 13	86	-114	177

Quality Earnings: AKRB.F has high quality earnings.

Growing Profit Margin: AKRB.F's current net profit margins (12.5%) are higher than last year (9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AKRB.F's earnings have grown significantly by 47.5% per year over the past 5 years.

Accelerating Growth: AKRB.F's earnings growth over the past year (32.5%) is below its 5-year average (47.5% per year).

Earnings vs Industry: AKRB.F earnings growth over the past year (32.5%) exceeded the Oil and Gas industry -22.4%.

Aker BP Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Aker BP ASA to Report Q4, 2023 Results on Feb 07, 2024

Aker BP ASA to Report Q3, 2023 Results on Oct 27, 2023

Aker BP ASA to Report Q4, 2021 Results on Feb 09, 2022

Aker BP ASA to Report First Half, 2021 Results on Jul 15, 2021

Recent updates

Aker BP ASA Appoints Doris Reiter as Director of the Board

Aker BP ASA Announces Cash Dividend for the Second Quarter of 2024, Payable on 8 May 2024

Aker BP ASA Announces Production Start from Hanz in the North Sea

Aker BP ASA Announces Cash Dividend for the First Quarter of 2024, Payable on 21 February 2024

Aker BP Asa Resumes Production At the Alvheim Field

Aker BP Asa Resumes Production At the Alvheim Field

Aker BP Elects Employee Representatives to the Board

Aker BP ASA Announces Cash Dividend for the Fourth Quarter of 2023, Payable on 9 November 2023

Aker Bp Asa Announces Production Guidance for 2023

Aker Bp Declares Dividend for the Third Quarter 2023, Payable on 26 July 2023

Aker BP ASA to Report Q4, 2023 Results on Feb 07, 2024

Aker BP ASA Launches Multi-Tranche Offering

Aker BP ASA Announces Production Capacity at Johan Sverdrup Field Has Been Successfully Test at 755,000 Barrels Oil Per Day

Aker BP ASA Provides Production Guidance for the Year 2023

Aker BP ASA Announces Cash Dividends for the First Quarter of 2023, Payable on 23 February 2023

Aker BP Starts Drilling an Exploration Well in the North Sea Licence PL867

Aker BP Announces Johan Sverdrup Phase 2 on Stream

Aker BP's Board Approves Field Development Projects

Aker BP ASA Declares Cash Dividend for the Fourth Quarter of 2022, Payable on November 8, 2022

Aker Says It Is No Longer Part of Group Seeking to Buy OMV's E&P Business

Aker BP ASA to Report Q3, 2023 Results on Oct 27, 2023

Vår Energi AS (OB:VAR) agreed to acquire 30% stake in Licenses PL820 S and PL 820 SB in the North Sea from Lime Petroleum AS, Pandion Energy AS and Aker BP ASA (OB:AKRBP).

Aker BP ASA Announces Cash Dividend for the Third Quarter 2022, Payable on 24 August 2022

Aker Completes Drilling of the Storjo Exploration Well in Production License 261 Near the Skarv Field in the Nororwegian Sea

Aker BP ASA (OB:AKRBP) completed the acquisition of Oil and gas business from Lundin Energy AB (publ) (OM:LUNE).

Aker BP ASA Appoints Paula Doyle as Chief Digital Officer

Aker BP ASA Plans Cash Dividend for the Second Quarter of 2022, Payable on 11 May 2022

Aker BP ASA Announces Production Start at Hod B

Aker BP ASA Elects Valborg Lundegaard as Board Member

Aker BP ASA Provides Dividend Guidance for the Year 2022

Aker BP ASA Announces Cash Dividend for the First Quarter of 2022, Payable on 23 February 2022

Aramco Overseas Company B.V. acquired 7.4% stake in Cognite AS from Aker BP ASA (OB:AKRBP).

Aker BP ASA (OB:AKRBP) acquired an additional 20% interest in PL006C License from DNO ASA (OB:DNO).

Aker BP Announces Quarterly Dividend

Aker BP ASA to Report Q4, 2021 Results on Feb 09, 2022

Aker BP ASA to Develop the Gråsel Discovery in 2021

Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission

PGNiG Upstream Norway and Aker BP ASA Found Natgas and Crude Oil Reserves at Alve Nord East Prospect in Norway

Aker BP ASA to Report First Half, 2021 Results on Jul 15, 2021

PGNiG Upstream Norway AS completed the acquisition of minority interests in Gina Krog Field and License 127C from Aker BP ASA (OB:AKERBP).

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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