Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Aker BP ASA is a leading independent oil and gas exploration and production company operating on the Norwegian continental shelf. Formed in 2001 and renamed in 2016 from Det norske oljeselskap ASA, it ranks as one of Europe's largest listed independents and Norway's second-largest crude oil producer. The company manages key field centers including Valhall, Ula, Edvard Grieg/Ivar Aasen, Alvheim, Skarv, and holds a partnership in the Johan Sverdrup field, delivering low-cost oil and gas with industry-leading low greenhouse gas intensity. Headquartered in Fornebu near Oslo, with additional offices across Norway, Aker BP employs around 2,962 people and emphasizes safety, efficiency, and innovation through strategic alliances like the Subsea Alliance and digital platforms such as Eureka and Cognite Data Fusion. Its vision positions it as the exploration and production company of the future, focusing on sustainable energy supply, advanced technology, emissions reduction, and value creation for shareholders and society via resilient dividends and profitable growth.
Margins and capital returns are both well above average: 59.33% operating margin, ROIC at 15.17%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue declined 12.6% YoY. Margins deteriorated 9.0pp alongside, both lines moving the wrong way.
Free cash flow declined 117% versus the prior year, cash generation momentum has weakened. ROIC dropped from 21.05% to 15.17%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$10.54B
▼ -12.6% YoY
Net Income (TTM)
$574M
▼ -92.8% YoY
Op. Margin
60.56%
▼ -9.0pp YoY
ROIC
15.17%
▼ -5.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$458M
▼ -116.6% YoY
Op. Cash Flow (TTM)
$7.23B
▼ -35.8% YoY
Net Debt
$7.12B
Cash & Equiv.
$2.61B
3Y CAGR: -6.0%
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