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Norway’s Oil Producer Aker BP Beats Q2 Profit Estimate

Norway’s Oil Producer Aker BP Beats Q2 Profit Estimate

Norwegian oil and gas producer Aker BP reported on Friday a net profit of $561 million for the second quarter, slightly beating a company-provided analyst consensus estimate.   Aker BP, one of the biggest independent oil companies in Europe, was expected to book $539 million in net profit for the second quarter, according to a consensus of estimates provided by sell-side analysts it has compiled. Core earnings, or EBITDA, at Aker BP rose to $3 billion, up from $2.8 billion for the first quarter of 2024, and just in…

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