Aker BP: Second Quarter and First Half Year 2018 Report
Aker BP ASA (“the company” or “Aker BP”) reports total income of USD 975 million and operating profit of USD 552 million for the second quarter 2018. Net profit was USD 136 million and earnings per share were USD 0.38. The company paid a dividend of USD 0.3124 (NOK 2.51718) per share in the quarter. The company’s net production in the second quarter was 157.8 (142.7) thousand barrels of oil equivalents per day (“mboepd”). The increase was primarily a result of the acquisition of Hess Norge in December 2017. The company remains on track to reach its full-year production estimate of 155-