for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Aker ASA

AKER.OL

Latest Trade

563.00NOK

Change

7.00(+1.26%)

Volume

31,561

Today's Range

557.50

 - 

564.50

52 Week Range

390.00

 - 

684.50

As of on the Oslo Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Aker Energy Appoints Svein Jakob Liknes Acting CEO

Dec 10 (Reuters) - Aker ASA <AKER.OL>::AKER ENERGY ANNOUNCES TRANSITION OF LEADERSHIP AND ADJUSTED COMPOSITION OF THE BOARD OF DIRECTORS.AKER ENERGY HAS NAMED SVEIN JAKOB LIKNES, MOST RECENTLY AKER ENERGY'S HEAD OF OPERATIONS, TO ACTING CHIEF EXECUTIVE OFFICER.AKER ASA - JAN ARVE HAUGAN TO RESIGN AS AKER ENERGY CEO.

Aker: Placement Of New Senior Unsecured Bond Issue Of NOK 1.50 Bln

Nov 14 (Reuters) - Aker ASA <AKER.OL>::REG-AKER ASA: SUCCESSFUL PLACEMENT OF NEW UNSECURED BOND ISSUE.REG-AKER ASA: SUCCESSFUL PLACEMENT OF NEW UNSECURED BOND ISSUE.HAS SUCCESSFULLY PLACED A NEW SENIOR UNSECURED BOND ISSUE OF NOK 1,500 MILLION WITH MATURITY IN NOVEMBER 2024, CARRYING A COUPON OF 3 MONTHS NIBOR + 1.90% P.A. WITH QUARTERLY INTEREST PAYMENTS.

Aker eyes smaller investment in Ghana's Pecan oilfield

Nov 1 (Reuters) - Aker ASA <AKER.OL>::AKER CEO SAYS GHANA'S PECAN OILFIELD DEVELOPMENT COUD BE SIMPLIFIED AND AMOUNT OF INVESTMENT COULD BE REDUCED.AKER CEO SAYS FOCUS OF M&A EFFORTS WILL BE TO GROW COMPANY'S BUSINESS AND DIVERSIFY ASSET PORTFOLIO IN GHANA, DOESN'T RULE OUT M&A IN OTHER COUNTRIES.

Aker ASA Q2 NAV At NOK 44.8 bln

July 18 (Reuters) - Aker ASA <AKER.OL>::REG-AKER ASA: SECOND-QUARTER AND HALF-YEAR RESULTS 2019 – NET ASSET VALUE OF NOK 44.8 BILLION.REG-AKER ASA: SECOND-QUARTER AND HALF-YEAR RESULTS 2019 – NET ASSET VALUE OF NOK 44.8 BILLION.NET ASSET VALUE ("NAV") OF AKER ASA AND HOLDING COMPANIES ("AKER") INCREASED BY NOK 4.7 BILLION FOR FIRST HALF OF 2019.AKER'S LIQUIDITY RESERVES, INCLUDING UNDRAWN CREDIT FACILITIES, STOOD AT NOK 6.1 BILLION AS PER 30 JUNE 2019.VALUE-ADJUSTED EQUITY RATIO FOR Q2 WAS 79 PER CENT, COMPARED TO 82 PER CENT AT END OF Q1 AND 78 PER CENT AT YEAR-END 2018.IN THE SECOND QUARTER, THE NAV ENDED AT NOK 44.8 BILLION, DOWN FROM NOK 56.2 BILLION AT THE END OF THE FIRST QUARTER.THE INCOME STATEMENT FOR AKER ASA AND HOLDING COMPANIES SHOWS A PROFIT BEFORE TAX OF NOK 566 MILLION FOR THE SECOND QUARTER 2019.AKER ENERGY PDO AND A SUBSEQUENT FINAL INVESTMENT DECISION IS TARGETED TO THE SECOND HALF OF 2019.AKER REMAINS POSITIVE ABOUT THE MEDIUM TO LONGER TERM OUTLOOK FOR OIL AND GAS MARKETS AND WILL THEREFORE CONTINUE TO EVALUATE STRATEGIC ALTERNATIVES AND OPPORTUNITIES IN THE SECTOR.

Aker Energy To Issue Convertible Bonds Worth USD 100 Mln

July 8 (Reuters) - Aker ASA <AKER.OL>::AKER ENERGY ISSUES CONVERTIBLE BONDS TO AFRICA FINANCE CORPORATION.HAS ENTERED INTO AN AGREEMENT TO ISSUE USD 100 MILLION OF CONVERTIBLE SUBORDINATED BONDS TO AFRICA FINANCE CORPORATION.AFC ALSO INTENDS TO TAKE PART IN FUTURE CAPITAL MARKET ACTIVITIES.BONDS HAVE A MATURITY OF FIVE YEARS, WITH AN OPTION TO EXTEND WITH ANOTHER THREE YEARS.BONDS HAVE A COUPON OF 5.5 PER CENT PER YEAR AND WILL BE CONVERTED TO EQUITY IN EVENT OF AN INITIAL PUBLIC OFFERING AKER ENERGY, AT AN AGREED DISCOUNT TO AN IPO OFFERING PRICE OF 1.85 PER CENT PER YEAR.PROCEEDS FROM BONDS WILL BE PART OF FINANCING FOR DEVELOPMENT OF DEEPWATER TANO CAPE THREE POINTS ("DWT/CTP") BLOCK OFFSHORE GHANA.AS PART OF AGREEMENT, AFC HAS RECEIVED EQUITY WARRANTS WITH RIGHT TO SUBSCRIBE SHARES IN AKER ENERGY IN FUTURE EQUITY OFFERINGS BY COMPANY OF UP TO USD 50-100 MILLION.

Aker: Svein Oskar Stoknes Appointed CFO

June 14 (Reuters) - Aker ASA <AKER.OL>::REG-AKER ASA: SVEIN OSKAR STOKNES APPOINTED CFO AT AKER.SVEIN OSKAR STOKNES HAS BEEN APPOINTED CHIEF FINANCIAL OFFICER (CFO) OF AKER ASA, EFFECTIVE AUGUST 1, 2019.SVEIN OSKAR STOKNES REPLACES FRANK O. REITE, WHO WILL STEP ASIDE DUE TO A HEART RELATED DISEASE THAT HAS DEVELOPED OVER COURSE OF TIME.REITE WILL REMAIN CHAIRMAN OF LISTED COMPANY OCEAN YIELD ASA.

Aker BP signs $4 bln credit facilities

May 24 (Reuters) - Aker BP ASA <AKERBP.OL>::AKER BP SUCCESSFULLY CLOSES USD 4.0 BILLION SENIOR UNSECURED REVOLVING CREDIT FACILITIES.FOLLOWING STRONG DEMAND FROM BANKS, FACILITIES WERE OVERSUBSCRIBED BY MORE THAN 47%, RESULTING IN AKER BP CHOOSING TO SCALE BACK LARGEST COMMITMENTS AND CLOSING TRANSACTION AS A 17 BANK CLUB DEAL WITH EQUAL TICKETS.FACILITIES COMPRISE A 3-YEAR USD 2.0 BILLION WORKING CAPITAL FACILITY AND A USD 2.0 BILLION 5-YEAR LIQUIDITY FACILITY.LIQUIDITY FACILITY INCLUDES TWO 12-MONTH EXTENSION OPTIONS.FACILITIES WILL BE USED FOR GENERAL CORPORATE PURPOSES AND WORKING CAPITAL AS WELL AS PROVIDING A LIQUIDITY RESERVE.

Aker NAV Increased By 34.7 Pct In Q1 To NOK 56.2 Billion

May 10 (Reuters) - Aker ASA <AKER.OL>::REG-AKER ASA: FIRST-QUARTER RESULTS 2019 - NET ASSET VALUE OF NOK 56.2 BILLION.AKER Q1 NET ASSET VALUE NOK 56.2 BILLION VERSUS NOK 41.7 BILLION IN Q4 2018.Q1 PRE-TAX NOK 777 MILLION VERSUS NOK 266 MILLION YEAR AGO.AKER’S OIL SERVICE COMPANIES ARE SHOWING GOOD PROGRESS WITH SOLID OPERATIONAL PERFORMANCE.AKER EXPECTS THE OVERALL ACTIVITY LEVEL TO REMAIN SUBDUED AS E&P COMPANIES CONTINUE TO TAKE A CAUTIOUS APPROACH TO NEW INVESTMENT.IN Q1, ALL OF FIVE LISTED INDUSTRIAL PORTFOLIO COMPANIES DELIVERED POSITIVE VALUE GAINS.CONTRIBUTION THIS QUARTER WAS LARGELY EXPLAINED BY AKER BP HELPED BY AN IMPROVED SENTIMENT IN OIL AND GAS SECTOR, RESULTING IN A CONTRIBUTION TO NAV OF NOK 13.5 BILLION.NAV INCREASED BY 34.7 PER CENT IN Q1 TO NOK 56.2 BILLION.

Aker ASA submits $4.4 bln Ghana oilfield development plan

March 28 (Reuters) - Aker ASA <AKER.OL>::AKER ASA: AKER ENERGY SUBMITS AN INTEGRATED PLAN OF DEVELOPMENT AND OPERATION FOR THE DWT/CTP BLOCK OFFSHORE GHANA.TOTAL INVESTMENTS (CAPEX) TO DEVELOP THESE RESERVES ARE ESTIMATED TO USD 4.4 BILLION, EXCLUDING CHARTER RATE FOR A LEASED FPSO.TOTAL RESERVES FROM PECAN FIELD DEVELOPMENT ARE ESTIMATED TO 334 MILLION BARRELS OF OIL, AND PLATEAU PRODUCTION IS ESTIMATED TO 110,000 BARRELS OF OIL PER DAY.PRODUCTION FROM FIELD IS EXPECTED TO LAST FOR MORE THAN 25 YEARS..TOTAL RESOURCES IN AREA HAVE POTENTIAL TO INCREASE TO BETWEEN 600-1000 MMBOE, PROVIDED SUCCESSFUL APPRAISAL DRILLING ACTIVITY.AKER ENERGY GHANA LIMITED IS OPERATOR UNDER DWT/CTP PETROLEUM AGREEMENT WITH A 50% PARTICIPATING INTEREST.PARTNERS ARE LUKOIL OVERSEAS GHANA TANO LIMITED (38%), GHANA NATIONAL PETROLEUM CORPORATION (GNPC) (10%) AND FUELTRADE LIMITED (2%).

Union plans strikes at UK Shetland gas plant

March 12 (Reuters) - Aker ASA <AKER.OL>::BRITAIN'S UNITE UNION SAYS 24 HOUR STRIKES AT SHETLAND GAS PLANT PLANNED FOR MARCH 13, 27, APRIL 19, 24 AND MAY 8.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up