Billionaire Swedes See Lundin Jump After Matching Apple

Billionaire Swedes See Lundin Jump After Matching Apple

Harald Pettersen/Statoil ASA

Lundin Petroleum gained about 45-fold since its market debut through last month compared with almost 50 times for computer maker Apple. Exxon Mobil Corp. expanded less than threefold in the period. Lundin jumped in Stockholm trading after discovering the Avaldsnes prospect in 2010 and Aldous in 2011, which were later renamed Johan Sverdrup, Norway’s largest field in almost four decades.