AKRBP Stock Analysis: Aker BP ASA | OL
Oil & Gas E&P | OL, Norway | Market Cap: 213.250m NOK | 12M Return: 40.6% | NO0010345853 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 332M
Qual. Beats: 0
Rev. Trend: 75.9%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Aker BP ASA is a Norway-based independent oil and gas exploration and production (E&P) company that operates entirely on the Norwegian Continental Shelf (NCS), one of Europes most established offshore hydrocarbon regions. The companys business model is focused exclusively on the upstream segment of the energy value chain, meaning it does not engage in refining, marketing, or retail fuel distribution.
The company manages a portfolio of producing field centers, including Valhall, Ula, Edvard Grieg/Ivar Aasen, Alvheim, and Skarv, which together form the core of its production base. Originally founded in 2001 as Det norske oljeselskap ASA, the company adopted its current name in October 2016 following its combination with BPs Norwegian operations. Aker BP is headquartered in Lysaker, Norway, and is classified as a Large Cap within the GICS Energy sector.
- Brent crude prices drive revenue and free cash flow
- Johan Sverdrup production ramp-up lifts output volumes
- Norwegian petroleum tax changes impact after-tax profitability
| Net Income: 4.02b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 3.63 > 1.0 |
| NWC/Revenue: 2.55% < 20% (prev 7.96%; Δ -5.41% < -1%) |
| CFO/TA 0.67 > 3% & CFO 32.0b > Net Income 4.02b |
| Net Debt (-1.26b) to EBITDA (22.4b): -0.06 < 3 |
| Current Ratio: 1.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (631.7m) vs 12m ago 0.04% < -2% |
| Gross Margin: 65.21% > 18% (prev 69.83%; Δ -4.63% > 0.5%) |
| Asset Turnover: 76.59% > 50% (prev 26.89%; Δ 49.70% > 0%) |
| Interest Coverage Ratio: 102.1 > 6 (EBIT TTM 19.9b / Interest Expense TTM 194.7m) |
| A: 0.02 (Total Current Assets 5.26b - Total Current Liabilities 4.37b) / Total Assets 47.7b |
| B: -0.04 (Retained Earnings -2.11b / Total Assets 47.7b) |
| C: 0.44 (EBIT TTM 19.9b / Avg Total Assets 45.3b) |
| D: 0.32 (Book Value of Equity 11.7b / Total Liabilities 36.0b) |
| Altman-Z'' = 3.27 = A |
| DSRI: 0.35 (Receivables 1.03b/980.4m, Revenue 34.7b/11.5b) |
| GMI: 1.07 (GM 69.83% / 65.21%) |
| AQI: 0.81 (AQ_t 0.26 / AQ_t-1 0.32) |
| SGI: 3.01 (Revenue 34.7b / 11.5b) |
| TATA: -0.59 (NI 4.02b - CFO 32.0b) / TA 47.7b) |
| Beneish M = -2.23 (Cap -4..+1) = BBB |
As of October 08, 2026, the stock is trading at NOK 339.40 with a total of 1,221,566 shares traded. Over the past week, the price has changed by -0.26%, over one month by -4.26%, over three months by +13.76% and over the past year by +40.64%.
Current recommended Stop Loss: 328.10 (which is 3.3% or 1.4 ATR below the current price).
Aker BP ASA has no consensus analysts rating.
Market Cap USD = 22.3b (213b NOK * 0.10442 NOK.USD)
P/E Trailing = 15.2023
P/E Forward = 13.1752
P/S = 17.9369
P/B = 2.0117
Revenue TTM = 34.7b USD
EBIT TTM = 19.9b USD
EBITDA TTM = 22.4b USD
Long Term Debt = 8.32b USD (from longTermDebt, last quarter)
Short Term Debt = 188.9m USD (from shortLongTermDebt, last quarter)
Debt = 1.22b USD (Leases only: 1.22b)
Net Debt = -1.26b USD (calculated: Debt 1.22b - CCE 2.48b)
Enterprise Value = 21.0b USD (22.3b + Debt 1.22b - CCE 2.48b)
Interest Coverage Ratio = 102.1 (Ebit TTM 19.9b / Interest Expense TTM 194.7m)
EV/FCF = 6.82x (Enterprise Value 21.0b / FCF TTM 3.08b)
FCF Yield = 14.65% (FCF TTM 3.08b / Enterprise Value 21.0b)
FCF Margin = 8.88% (FCF TTM 3.08b / Revenue TTM 34.7b)
Net Margin = 11.58% (Net Income TTM 4.02b / Revenue TTM 34.7b)
Gross Margin = 65.21% ((Revenue TTM 34.7b - Cost of Revenue TTM 12.1b) / Revenue TTM)
Gross Margin QoQ = 78.10% (prev 72.37%)
Tobins Q-Ratio = 0.44 (Enterprise Value 21.0b / Total Assets 47.7b)
Interest Expense / Debt = 15.92% (Interest Expense 194.7m / Debt 1.22b)
Taxrate = 26.82% (5.28b / 19.7b)
NOPAT = 14.5b (EBIT 19.9b * (1 - 26.82%))
Current Ratio = 1.20 (Total Current Assets 5.26b / Total Current Liabilities 4.37b)
Debt / Equity = 0.10 (Debt 1.22b / totalStockholderEquity, last quarter 11.7b)
Debt / EBITDA = -0.06 (Net Debt -1.26b / EBITDA 22.4b)
Debt / FCF = -0.41 (Net Debt -1.26b / FCF TTM 3.08b)
Total Stockholder Equity = 37.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.87% (Net Income 4.02b / Total Assets 47.7b)
RoE = 10.60% (Net Income TTM 4.02b / Total Stockholder Equity 37.9b)
RoCE = 42.99% (EBIT 19.9b / Capital Employed (Equity 37.9b + L.T.Debt 8.32b))
RoIC = 34.96% (NOPAT 14.5b / Invested Capital 41.6b)
WACC = 6.51% (E(22.3b)/V(23.5b) * Re(6.23%) + D(1.22b)/V(23.5b) * Rd(15.92%) * (1-Tc(0.27)))
Discount Rate = 6.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.10 | Cagr: -0.09%
[DCF] Terminal Value 77.97% ; FCFF base≈2.33b ; Y1≈2.67b ; Y5≈3.93b
[DCF] Fair Price = 95.84 (EV 59.2b - Net Debt -1.26b = Equity 60.4b / Shares 630.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.01 | # QB: 0
Revenue Correlation: 75.88 | Revenue CAGR: 49.99% | SUE: -0.69 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.79 | Chg30d=+9.41% | Revisions=+25% | Analysts=7
EPS current Year (2026-12-31): EPS=3.50 | Chg30d=+4.99% | Revisions=+62% | GrowthEPS=+1568.7% | GrowthRev=+18.8%
EPS next Year (2027-12-31): EPS=2.96 | Chg30d=+5.88% | Revisions=+62% | GrowthEPS=-15.5% | GrowthRev=-1.1%
[Analyst] Revisions Ratio: +79% (up=11, down=0)