|Bid||213.10 x 0|
|Ask||213.40 x 0|
|Day's Range||203.80 - 224.00|
|52 Week Range||133.00 - 349.50|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||82.38|
|Earnings Date||Apr 30, 2020|
|Forward Dividend & Yield||9.73 (4.52%)|
|Ex-Dividend Date||Jul 02, 2020|
|1y Target Est||31.77|
The Annual General Meeting of Shareholders (AGM) of Lundin Petroleum AB (Lundin Petroleum or the Company) was held today, Tuesday 31 March 2020 in Stockholm. Of the resolutions passed, the AGM resolved to approve the change to the Company's Articles of Association with the effect of amending the name of the Company from Lundin Petroleum AB to Lundin Energy AB. The Company's and the Group's income statements and balance sheets for the financial year 2019 were adopted and the members of the Board of Directors and the Chief Executive Officer were discharged from liability for the financial year 2019.
Lundin Petroleum AB (Lundin Petroleum) announces that Johan Sverdrup phase 1 is expected to reach the plateau production rate in early May 2020, more than two months earlier than scheduled. Also, due to higher established processing capacity, the plateau production rate for phase 1 will increase from 440 thousand barrels of oil per day (Mbopd) to 470 Mbopd and as a result full field plateau, when phase 2 comes on stream, has increased to 690 Mbopd. Johan Sverdrup phase 1 plateau production of 440 Mbopd was previously expected to be reached during the summer of 2020 from 10 wells.
Lundin Petroleum AB (Lundin Petroleum) announces that the first quarterly instalment of the proposed dividend of USD 0.25 per share will amount to SEK 2.49 per share, with a.
To the annoyance of some shareholders, Lundin Petroleum (STO:LUPE) shares are down a considerable 34% in the last...
Alex Schneiter, President and CEO of Lundin Petroleum AB (Lundin Petroleum) has written an open letter to shareholders in regard to current market conditions, measures taken to.
The Board of Directors of Lundin Petroleum AB (Lundin Petroleum or the Company) announces that in order to maintain financial prudence and further liquidity flexibility in the light of current market conditions, it is amending its dividend proposal to the 2020 Annual General Meeting (AGM) down to USD 1.0 per share (corresponding to MUSD 284) from USD 1.80 per share, as set out in the notice of the AGM published on 27 February 2020. The Company would also like to make shareholders aware that due to the deteriorating situation in regards to the Covid-19 viral pandemic, no member of the Board of Directors and no member of group management will be attending the AGM in person, but members of the Board of Directors and group management will instead attend via live video link.
Lundin Petroleum AB (Lundin Petroleum) announces that is has successfully farmed down 50 percent of its Metsälamminkangas (MLK) wind farm project, in mid Finland to Sval Energi.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) as partner in PL820S, has made oil and gas discoveries at the Evra and Iving exploration well (25/8-19 S and two sidetracks), in the Norwegian North Sea, close to the Balder and Ringhorne field. At Iving, a gross gas column of 34 metres above an oil column of at least 45 metres was encountered in moderate quality Skagerrak reservoirs with no oil-water contact encountered in the well. Iving gross resources are estimated to be between 12 to 71 MMboe, (approximately 85 percent of which is light oil of 40 degrees API), part of which will be booked as contingent resources at end 2020.
Lundin Petroleum AB (Lundin Petroleum or the Company) has taken the decision to instigate precautionary measures for the upcoming Annual General Meeting (AGM) to be held at 13.00 CET on 31 March 2020 in "Vinterträdgården" at Grand Hôtel, Södra Blasieholmshamnen 8, in Stockholm, as a result of the current Covid-19 outbreak.
Lundin Petroleum AB (Lundin Petroleum) has published the report on payments made to governments by Lundin Petroleum and its subsidiaries during the year 2019. The report.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce the publication of the Annual Report and the Sustainability Report for 2019. The reports are available to read.
The shareholders of Lundin Petroleum AB are hereby given notice of the Annual General Meeting of Shareholders to be held on Tuesday 31 March 2020 at 13.00 (Swedish time)..
Last week, you might have seen that Lundin Petroleum AB (publ) (STO:LUPE) released its yearly result to the market...
The Board of Directors of Lundin Petroleum AB (Lundin Petroleum) proposes a 2019 dividend of USD 1.80 per share, corresponding to USD 511 million. In accordance with the.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2020 development, appraisal, exploration and abandonment budget which totals USD 1.27 billion and represents a 30 percent increase on 2019 capital expenditure.
Strong financial performance with record free cash flow generation of MUSD 1,271.7, of which MUSD 312.7 relates to organic free cash flow and MUSD 959.0 relates to the sale.
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce the launch of its Decarbonisation Strategy, which targets carbon neutrality by 2030. In relation to this, and to better reflect the business today and the clear actions and targets towards a lower carbon future, the Board is proposing to change the name of the Company to Lundin Energy AB. Lundin Petroleum recognise the challenges of climate change combined with the increasing energy needs linked to growing global population, the international community’s commitment to reduce global carbon emissions and the role that forward-thinking companies can play in this.
Lundin Petroleum AB (Lundin Petroleum) will publish its financial report for the fourth quarter 2019, on Friday 31 January 2020. For the fourth quarter 2019, Lundin Petroleum.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a total of 12 exploration.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that as at 31 December 2019, its proved plus probable net reserves (2P reserves) are 693 million barrels of oil equivalent (MMboe), its proved plus probable plus possible net reserves (3P reserves) are 858 MMboe and its best estimate net contingent resources (contingent resources) are 185 MMboe. Lundin Petroleum’s 2P reserves as at 31 December 2019 are 693.3 MMboe and reflect a positive revision of 52.1 MMboe, excluding asset transactions.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...