Aker BP ASA (OSL:AKRBP)
kr 265.1 -2.6 (-0.97%) Market Cap: 167.22 Bil Enterprise Value: 211.50 Bil PE Ratio: 8.53 PB Ratio: 1.24 GF Score: 92/100
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Q3 2021 Aker BP ASA Earnings Call Transcript

Oct 28, 2021 / 06:30AM GMT
Release Date Price: kr325 (-3.85%)
Kjetil Bakken
Aker BP ASA - VP of IR

Good morning, and welcome to Aker BP's Third Quarter 2021 Conference Call. As always, today's speakers are CEO, Karl Hersvik; and CFO, David Tønne. And after the presentation, we will open up for questions.

And with that, here is CEO, Karl Hersvik.

Karl Johnny Hersvik
Aker BP ASA - CEO

Thank you, Kjetil, and good morning to all of you listening in. And I can promise you for the CMU or the fourth quarter presentation, there will be a physical meeting. I think we're all looking forward to that.

So let's get down to business. Q3 has been another eventful quarter behind us. The macro environment has definitely been on our side with continued growth in oil price and with European gas prices reaching new record heights. Combined with continued stable operation, this leads to very strong financial results for the third quarter for Aker BP. And this is, of course, very good news. However, let me emphase, this is not the time to be complacent. Our ambition is to be the leading company in our industry, and this

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