Aker BP ASA reported higher net profit in the third quarter with a forecast of 410 to 425 mboepd production for fiscal 2025. Earnings totaled $285.5 million or $0.45 per share, up from $173.4 million last year. EBITDA decreased to $2.26 billion from $2.61 billion, while revenue fell to $2.60 billion. Production cost remains at $7 per boe. CEO Karl Johnny Hersvik highlighted stable operations and robust financial position, with a dividend of $0.63 per share per quarter. The company aims to invest in growth and deliver attractive dividends.

Read more at Nasdaq: Aker BP ASA Q3 Net Profit Climbs, EBITDA Down; Lifts FY25 Production View – Update