Latest news for Akastor (OTC:AKKVF) Stock

Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

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Earnings

Aker Solutions Posts Upbeat Q3 Profit

Dividends

Aker Solutions Q4 Net Profit Surges 20%

Akastor ASA

CCEDF

Aker Solutions ASA (OTC: <a class="ticker" href="/stock/akkvf#OTC">AKKVF</a>) posted better-than expected Q3 net profit.

Aker Solutions' quarterly net profit fell to NOK549 million, from NOK1.12 billion, in the year-ago quarter. 

Its revenue rose to NOK11.16 billion, from NOK8.56 billion. However, analysts were expecting a net profit of NOK523.1 million on revenue of NOK11.06 billion.

Aker Solutions' EBIT surged to NOK834 million, from NOK129 million.

Aker Solutions ASA (OTC: <a class="ticker" href="/stock/akkvf#OTC">AKKVF</a>) reported a 20% surge in its fourth quarter net profit.

Aker Solutions' quarterly net profit rose to NOK675 million, from a profit of NOK561 million, in the year-ago quarter. However, analysts were expecting a net profit of NOK339.8 million. Aker Solutions' revenue surged to NOK11.6 billion, from NOK9.79 billion, versus analysts' estimates of NOK9.08 billion. 

Aker Solutions' EBITDA rose to NOK1.05 billion, from NOK808 million, versus analysts' expectations of NOK778 million. 

Aker Solutions proposed to pay a dividend of NOK3.90 for 2011.

Aker Solutions shares closed at $13.86 yesterday.

Aker Solutions ASA (OTC: AKKVF) reported weaker-than-expected second-quarter earnings.

Aker Solutions reported its quarterly net profit at NOK134 million, down from NOK445 million, in the year-ago period. Analysts were expecting a net profit of NOK356.2 million. Aker Solutions revenue dropped to NOK7.8 billion, from NOK8.1 billion. Its earnings before interest, taxes, depreciation and amortization (EBITDA) declined to NOK636 million, from NOK853 million.

Aker Solutions Reports Downbeat Q2 Earnings

Akastor reports Q3 results

Akastor ASA (AKKVF) has released an update. Akastor ASA's subsidiary has acquired over 3 million shares in Odfjell Drilling Ltd. at a nominal subsc...

Akastor ASA Subsidiary Bolsters Stake in Odfjell Drilling

Akastor ASA (AKKVF) has released an update. Akastor ASA's affiliate HMH is preparing for a potential IPO of its subsidiary HMH Holding Inc. in the ...

Akastor ASA Affiliate Prepares for Potential IPO

Akastor ASA (AKKVF) has released an update. Newtyn Management, LLC recently sold 78,432 shares of Akastor ASA, reducing their holdings to 41,068,54...

Newtyn Management Sells Akastor ASA Shares

Akastor ASA (AKKVF) has released an update. Akastor ASA announces a webcast for investors and analysts to discuss its first quarter 2024 financial ...

Akastor ASA Q1 2024 Financial Results Webcast

Akastor ASA (AKKVF) has released an update. Akastor ASA has significantly strengthened its financial position in the second quarter, receiving USD ...

Akastor ASA Boasts Stronger Financials and IPO Plans

Akastor ASA (AKKVF) has released an update. Akastor ASA's affiliate HMH Holding Inc. is preparing for an initial public offering (IPO) of its Class...

Akastor ASA Affiliate HMH Gears Up for IPO

HMH Holding Initiates IPO Effort As Revenue Growth Rate Slides

HMHW

Commodities

Contracts

Press Releases

Akastor ASA: Arbitration award received on the DRU contracts

Akastor ASA: Update on DRU arbitration award amount

Akastor ASA: First Quarter Results 2024

Fintech

Akastor ASA: Payment received of DRU award

Akastor ASA: DRU arbitration award - Settlement of interest and costs

Small Cap

Akastor ASA: Odfjell Drilling Ltd shares received pursuant to Warrant Agreement

Offerings

Akastor ASA: HMH announces its intention to pursue US listing

Akastor ASA: Invitation to presentation of second quarter results 2024

Akastor ASA: Second Quarter and Half Year Results 2024

Akastor ASA: Update on HMH's US listing process

Akastor

Aker Solutions ASA (OTC: <a class="ticker" href="/stock/akkvf#OTC">AKKVF</a>) posted better-than expected Q3 net profit.

Aker Solutions' quarterly net profit fell to NOK549 million, from NOK1.12 billion, in the year-ago quarter. 

Its revenue rose to NOK11.16 billion, from NOK8.56 billion. However, analysts were expecting a net profit of NOK523.1 million on revenue of NOK11.06 billion.

Aker Solutions' EBIT surged to NOK834 million, from NOK129 million.

Aker Solutions ASA (OTC: <a class="ticker" href="/stock/akkvf#OTC">AKKVF</a>) reported a 20% surge in its fourth quarter net profit.

Aker Solutions' quarterly net profit rose to NOK675 million, from a profit of NOK561 million, in the year-ago quarter. However, analysts were expecting a net profit of NOK339.8 million. Aker Solutions' revenue surged to NOK11.6 billion, from NOK9.79 billion, versus analysts' estimates of NOK9.08 billion. 

Aker Solutions' EBITDA rose to NOK1.05 billion, from NOK808 million, versus analysts' expectations of NOK778 million. 

Aker Solutions proposed to pay a dividend of NOK3.90 for 2011.

Aker Solutions shares closed at $13.86 yesterday.

Aker Solutions ASA (OTC: AKKVF) reported weaker-than-expected second-quarter earnings.

Aker Solutions reported its quarterly net profit at NOK134 million, down from NOK445 million, in the year-ago period. Analysts were expecting a net profit of NOK356.2 million. Aker Solutions revenue dropped to NOK7.8 billion, from NOK8.1 billion. Its earnings before interest, taxes, depreciation and amortization (EBITDA) declined to NOK636 million, from NOK853 million.


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