Aker BP ASA (OTCPK:AKRBF)
$ 20 0.12 (0.6%) Market Cap: 12.89 Bil Enterprise Value: 16.12 Bil PE Ratio: 8.85 PB Ratio: 1.05 GF Score: 79/100

Q2 2020 Aker BP ASA Earnings Call Transcript

Jul 14, 2020 / 06:30AM GMT
Release Date Price: $19.38 (+2.00%)
Kjetil Bakken
Aker BP ASA - VP of IR

Welcome, everyone, to this second quarter 2020 presentation by Aker BP ASA. My name is Kjetil Bakken, I am the Head of Investor Relations in the company, and the presentation today will be given by our CEO, Karl Johnny Hersvik; and our CFO, David Tønne.

And without further ado, I leave the floor to Karl Johnny.

Karl Johnny Hersvik
Aker BP ASA - CEO

Thank you, Kjetil, and thank you to everyone online for joining Aker BP's quarterly presentation, and this time here from Fornebu. Together with me, I have CFO David Tønne, and we will take you through the presentation and subsequently answer questions in the end.

The first half of 2020 has been extraordinary in many ways, mostly due to the COVID-19 situation. At Aker BP, we have implemented a wide range of measures to minimize the risk to people and operations. And I'm happy to say that the company in yet another quarter has delivered strong operational performance and record high production. Despite the challenging environment, the quarter has had other

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