Aker BP ASA (OTCMKTS:AKRBF) Stock Price Up 1.8% – Here’s Why

Aker BP ASA (OTCMKTS:AKRBFGet Free Report) shares traded up 1.8% during mid-day trading on Friday . The company traded as high as $25.45 and last traded at $25.45. 210 shares were traded during mid-day trading, a decline of 97% from the average session volume of 6,253 shares. The stock had previously closed at $25.00.

Aker BP ASA Price Performance

The stock has a fifty day moving average price of $25.14 and a two-hundred day moving average price of $25.30.

Aker BP ASA Company Profile

(Get Free Report)

Aker BP ASA is a Norwegian exploration and production company focused on upstream oil and gas activities on the Norwegian continental shelf. Formed in 2016 through the merger of Det Norske Oljeselskap and BP Norge, the company has grown into one of Norway’s leading independent producers. Aker BP’s portfolio encompasses both operated and non-operated interests in several mature and frontier fields, leveraging advanced drilling and reservoir management techniques to maximize recovery and optimize asset performance.

The company’s main business activities include exploration, development and production of crude oil and natural gas.

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