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Last 11.25 NOK
Change Today -0.30 / -2.60%
Volume 163.2K
As of 9:21 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

akastor asa (AKA) Snapshot

Open
11.50 NOK
Previous Close
11.55 NOK
Day High
11.70 NOK
Day Low
11.20 NOK
52 Week High
09/29/14 - 28.00 NOK
52 Week Low
07/29/15 - 11.20 NOK
Market Cap
3.1B
Average Volume 10 Days
156.1K
EPS TTM
-3.08 NOK
Shares Outstanding
274.0M
EX-Date
04/9/15
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AKASTOR ASA (AKA)

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akastor asa (AKA) Details

Akastor ASA operates as an oil-services investment company worldwide. The company provides drilling equipment, drilling riser solutions, and related products and services; and subsea well construction and intervention services to the oil and gas industry. It also offers wellstream processing technology and equipment, including fluid stream separation, gas processing, oil processing, and water treatment systems, as well as water injection systems to enhance and maintain oil and gas production. In addition, the company provides flow control equipment, such as valves, wellheads, and trees for offshore and land-based surface production; and engineering, manufacturing, installation, and life-of-field support services. Further, it offers corporate services in the areas of information technology, procurement and facility management, finance and accounting, human resources, and recruitment and business advisory. Additionally, Akastor ASA owns eight real estate properties in Norway, as well as engages in drilling waste products and services business. The company was founded in 1841 and is based in Oslo, Norway.

6,585 Employees
Last Reported Date: 07/16/15
Founded in 1841

akastor asa (AKA) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 2.3M NOK
Chief Financial Officer
Total Annual Compensation: 5.0M NOK
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: 2.5M NOK
Head of Process System
Total Annual Compensation: 2.4M NOK
Chief Human Resources Officer
Total Annual Compensation: 1.8M NOK
Compensation as of Fiscal Year 2014.

akastor asa (AKA) Key Developments

Akastor ASA Announces Unaudited Consolidated Earnings Results for the Second Quarter and First Half Year Ended June 30, 2015

Akastor ASA announced unaudited consolidated earnings results for the second quarter and first half year ended June 30, 2015. For the quarter, the company reported operating revenues and other income of NOK 3,693 million against NOK 6,013 million a year ago. Operating profit before depreciation, amortization and impairment (EBITDA) was NOK 141 million against operating loss before depreciation, amortization and impairment of NOK 127 million a year ago. Operating loss was NOK 143 million against NOK 1,354 million a year ago. Loss before tax was NOK 325 million against NOK 1,465 million a year ago. Loss from continuing operations was NOK 298 million against NOK 1,132 million a year ago. Loss for the period was NOK 298 million against NOK 755 million a year ago. Loss for the period attributable to equity holders of the company was NOK 298 million against NOK 757 million a year ago. Loss per share was NOK 1.10 against NOK 2.78 a year ago. Loss per share from continuing operations was NOK 1.10 against NOK 4.15 a year ago. For the six months, the company reported operating revenues and other income of NOK 8,239 million against NOK 11,010 million a year ago. Operating profit before depreciation, amortization and impairment (EBITDA) was NOK 318 million against NOK 265 million a year ago. Operating loss was NOK 241 million against NOK 1,182 million a year ago. Loss before tax was NOK 562 million against NOK 1,395 million a year ago. Loss from continuing operations was NOK 549 million against NOK 1,102 million a year ago. Loss for the period was NOK 549 million against profit of NOK 2,505 million a year ago. Loss for the period attributable to equity holders of the company was NOK 549 million against profit attributable to equity holders of the company of NOK 2,501 million a year ago. Loss per share was NOK 2.02 against earnings per share of NOK 9.19 a year ago. Loss per share from continuing operations was NOK 2.02 against NOK 4.04 a year ago. Net cash used in operating activities was NOK 1,091 million against net cash from operating activities of NOK 438 million a year ago. Acquisition of property, plant and equipment was NOK 1,297 million against NOK 652 million a year ago. Net interest bearing debt as on June 30, 2015 was NOK 6.1 billion.

Akastor ASA Announces Executive Changes

Aker ASA announced that Frank O. Reite has been appointed chief financial officer, effective from August 2015. Reite comes from the position of chief executive officer at Akastor ASA. Kristian Monsen Røkke has been appointed new CEO of Akastor.

Akastor ASA, Q2 2015 Earnings Call, Jul 16, 2015

Akastor ASA, Q2 2015 Earnings Call, Jul 16, 2015

 

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Industry Analysis

AKA

Industry Average

Valuation AKA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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