Report
Thijs Berkelder

Aker BP : Recovery priced in, downgrade to Neutral

>Preview Q1 results: it’s about the outlook not the Q1 results - Aker BP will publish its Q1 2021 results on Wednesday 28 April at 7.00h CET, to be followed by an analyst call starting at 8.30h CET. Two key factors will make these Q1 results substantially better than a year ago: 1. the higher oil price (Brent $ 61 vs $ 48), and 2. the production growth of Johan Sverdrup, its largest field (27% of production) and producing at very low operating costs ($ 1.56 per boe). ...
Underlying
AKER BP ASA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Thijs Berkelder

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