Aker BP : Q3 results in line, tax hikes risk affecting investments
>Results in line with expectations - Aker BP has reported its Q3 2022 results, which include the acquisition announced at the start of the week, in line with EBITDA 1% above the consensus and an EBIT 1% below. Net profit totaled $ 783m, i.e. 4% below the company consensus and in line with the Bloomberg consensus. CFFO is solid at $ 2.36bn and FCF hit a record level of $ 1.86bn.Solid operating momentum, production guidance fine-tuned - The group poste...Aker BP ASA engages in the exploration, development, and production of petroleum resources on the Norwegian Shelf. In addition, Co. has a separate Johan Sverdrup business unit to manage its interest.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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