Aker BP Posts $3.35 Billion Second-Quarter EBITDA, Beating Forecasts on Higher Oil Prices
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Norwegian energy company Aker BP reported a second-quarter earnings beat, with EBITDA rising to $3.35 billion for the April-to-June period. This result surpassed the company-compiled analyst consensus of $3.25 billion and marked a significant increase from $2.22 billion a year earlier.
The company attributed the quarterly profit jump to higher energy prices driven by the U.S.-Israeli war on Iran. The earnings report was published on Wednesday, aligning with the close of the second quarter.
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@staunovoNorwegian oil firm Aker BP on Wednesday reported a jump in second-quarter profit as the U.S.-Israeli war on Iran drove up energy prices. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to $3.35 billion in the A