LUPE.ST - Lundin Petroleum AB (publ)

Stockholm - Stockholm Real Time Price. Currency in SEK
297.30
+0.60 (+0.20%)
At close: 5:29PM CET
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Previous Close296.70
Open296.80
Bid296.90 x 0
Ask297.20 x 0
Day's Range295.40 - 299.10
52 Week Range213.50 - 349.50
Volume415,430
Avg. Volume744,430
Market Cap85B
Beta (3Y Monthly)1.16
PE Ratio (TTM)172.55
EPS (TTM)1.72
Earnings DateJan 31, 2020
Forward Dividend & Yield13.41 (4.53%)
Ex-Dividend Date2020-01-02
1y Target Est31.77
  • Is Lundin Petroleum AB (publ)'s (STO:LUPE) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is Lundin Petroleum AB (publ)'s (STO:LUPE) High P/E Ratio A Problem For Investors?

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

  • Have Insiders Been Buying Lundin Petroleum AB (publ) (STO:LUPE) Shares?
    Simply Wall St.

    Have Insiders Been Buying Lundin Petroleum AB (publ) (STO:LUPE) Shares?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • Thomson Reuters StreetEvents

    Edited Transcript of LUPE.ST earnings conference call or presentation 31-Oct-19 8:00am GMT

    Q3 2019 Lundin Petroleum AB Earnings Call

  • GlobeNewswire

    Report for the nine months ended 30 September 2019

    Production above mid-point guidance for the nine months at 79.2 Mboepd and Q3 at 82.7 MboepdProduction ramp up from Johan Sverdrup Phase 1 above 200 Mboepd gross as at end.

  • GlobeNewswire

    Plan finalised for full power from shore for the Edvard Grieg platform

    The Utsira High Area power grid which will become operational in 2022, will provide power from shore to the Johan Sverdrup, Edvard Grieg, Ivar Aasen, Gina Krog and Sleipner fields. The Edvard Grieg power from shore project involves the retirement of the existing gas turbine power generation system on the platform, installation of electric boilers to provide process heat and installation of a power cable from Johan Sverdrup to Edvard Grieg.

  • GlobeNewswire

    Lundin Petroleum AB's Nomination Committee

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce the composition of the Nomination Committee for the 2020 Annual General Meeting (AGM) to be held on 31 March 2020 in Stockholm. At the Nomination Committee's first meeting, Aksel Azrac was elected as Chairman of the Nomination Committee.

  • GlobeNewswire

    Update on third quarter 2019 financial results and audiocast details for 31 October 2019

    Lundin Petroleum AB (Lundin Petroleum) will publish its financial report for the third quarter 2019 on Thursday 31 October 2019. For the third quarter 2019, Lundin Petroleum.

  • Should You Buy Lundin Petroleum AB (publ) (STO:LUPE) For Its Dividend?
    Simply Wall St.

    Should You Buy Lundin Petroleum AB (publ) (STO:LUPE) For Its Dividend?

    Could Lundin Petroleum AB (publ) (STO:LUPE) be an attractive dividend share to own for the long haul? Investors are...

  • GlobeNewswire

    First oil from the Johan Sverdrup field

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce first oil from Phase 1 of the Johan Sverdrup field on the Utsira High in the Norwegian North Sea, ahead of schedule and below budget. The field has gross recoverable reserves of 2.7 billion barrels of oil equivalent and during Phase 1, Johan Sverdrup will produce 440,000 barrels of oil per day, increasing to 660,000 barrels of oil per day, after Phase 2 of the development commences production in the fourth quarter 2022. At its peak, the field will produce approximately 25 percent of all petroleum production on the Norwegian Continental Shelf.

  • GlobeNewswire

    The third quarterly instalment of the dividend for 2018 of USD 0.37 per share will amount to SEK 3.61 per share

    Lundin Petroleum AB (Lundin Petroleum) announces that the third quarterly instalment of the dividend for 2018 of USD 0.37 per share will amount to SEK 3.61 per share, with a.

  • GlobeNewswire

    Johan Sverdrup accelerated start-up schedule

    Lundin Petroleum AB (Lundin Petroleum) is pleased to announce an acceleration to the start-up schedule of the Johan Sverdrup development project. The Johan Sverdrup development project continues to progress well through the final stages of preparation for operations with most of the hook-up and commissioning work now completed. During phase 1, Johan Sverdrup will produce 440 Mbopd when plateau production is reached by summer of 2020, increasing to 660 Mbopd after phase 2 commences in the fourth quarter 2022. At phase 2 plateau, Johan Sverdrup will contribute up to 25 percent of Norway’s total production of oil and gas, while power from shore gives the field carbon emissions intensity of just below 1 kg CO2 per barrel, which is among the lowest in the world and 25 times lower than the oil and gas industry average.

  • GlobeNewswire

    Completion of the sale of a 2.6 percent stake in the Johan Sverdrup development project

    Lundin Petroleum AB (Lundin Petroleum) announces that following regulatory approvals in Norway, the previously announced sale of a 2.6 percent stake in the Johan Sverdrup development project by Lundin Norway AS to Equinor Energy AS has now completed with an effective date of 1 January 2019. The cash consideration for the sale is USD 962 million, which includes a USD 52 million contingent payment on future reserve reclassification. The completion of the sale, which follows the completion of the redemption of 16 percent of Lundin Petroleum shares in issue, as resolved at the extraordinary general meeting of the company on 31 July 2019 and registered with the Swedish Companies Registration Office in August 2019, concludes all aspects of the transactions agreed with Equinor ASA and Equinor Energy AS announced on 7 July 2019.

  • GlobeNewswire

    Reduced number of shares and votes in Lundin Petroleum AB

    Lundin Petroleum AB (Lundin Petroleum) announces that, following redemption of 16 percent of its shares in issue, the total number of shares in issue and votes in Lundin Petroleum as at 30 August 2019 is 285,924,614. The total number of shares in issue and votes has changed as a result of the reduction of the share capital with retirement of 54,461,831 shares that was resolved upon at the extraordinary general meeting of the company on 31 July 2019 and registered with the Swedish Companies Registration Office in August 2019. Lundin Petroleum is one of Europe’s leading independent oil and gas exploration and production companies with operations focused on Norway and listed on Nasdaq Stockholm (ticker LUPE).

  • GlobeNewswire

    Oil discovery at the Goddo prospect, on the Utsira High, Norwegian North Sea

    Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil discovery at exploration well 16/5-8s, targeting the Goddo prospect in PL815 approximately 14 km South of the Edvard Grieg field in the Norwegian North Sea. The main objective of the well was to prove oil in porous basement similar to what is found in the Rolvsnes discovery to the North West. The well encountered weathered and fractured basement in an estimated gross oil column of 20 meters.

  • Thomson Reuters StreetEvents

    Edited Transcript of LUPE.ST earnings conference call or presentation 31-Jul-19 6:30am GMT

    Q2 2019 Lundin Petroleum AB Earnings Call

  • We Think Lundin Petroleum (STO:LUPE) Is Taking Some Risk With Its Debt
    Simply Wall St.

    We Think Lundin Petroleum (STO:LUPE) Is Taking Some Risk With Its Debt

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • GlobeNewswire

    Extraordinary General Meeting of Lundin Petroleum AB 31 July 2019

    An Extraordinary General Meeting of Shareholders of Lundin Petroleum AB (publ) (“Lundin Petroleum”) was held today, Wednesday 31 July 2019, in Stockholm. The Extraordinary General Meeting was convened in connection with the proposal to, among other things, redeem 16 percent of the outstanding shares of Lundin Petroleum that are currently held by Equinor ASA and the sale of a 2.6 percent stake in the Johan Sverdrup development project for a cash consideration to Equinor Energy AS, as announced by Lundin Petroleum on 7 July 2019. To approve the agreement entered into between Lundin Petroleum and SpareBank 1 Markets AS on 7 July 2019 regarding a share swap transaction in relation to 54,461,831 shares in Lundin Petroleum.

  • Reuters

    UPDATE 1-Lundin Petroleum Q2 core profit beats forecast

    Swedish oil firm Lundin Petroleum reported a smaller than expected drop in quarterly core earnings on Wednesday, and cut its capital spending guidance after reducing its stake in Norway's giant Johan Sverdrup field. The company cut its 2019 capital expenditure to $785 million from $930 million after agreeing to sell a 2.6% stake in Johan Sverdrup to operator Equinor for $910 million on July 7.

  • GlobeNewswire

    Report for the six months ended 30 June 2019

    Production above mid-point guidance for the first half of the year at 77.5 Mboepd and Q2 at 76.1 MboepdContinued strong financial performanceOut performance of Edvard.

  • GlobeNewswire

    Update on second quarter 2019 financial results and audiocast details for 31 July 2019

    Lundin Petroleum AB (Lundin Petroleum) will publish its financial report for the second quarter 2019 on Wednesday 31 July 2019. For the second quarter 2019, Lundin Petroleum will expense pre-tax exploration costs of approximately MUSD 34 and recognise a net foreign exchange gain of approximately MUSD 34.

  • Are Investors Undervaluing Lundin Petroleum AB (publ) (STO:LUPE) By 50%?
    Simply Wall St.

    Are Investors Undervaluing Lundin Petroleum AB (publ) (STO:LUPE) By 50%?

    Today we will run through one way of estimating the intrinsic value of Lundin Petroleum AB (publ) (STO:LUPE) by...

  • Reuters

    UPDATE 1-Equinor to sell 16% shares it holds in Lundin Petroleum for about $1.56 bln

    Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB for about $1.56 billion, and in return acquire an additional 2.6% stake in Johan Sverdrup oilfield. Equinor agreed to sell about 54.5 million Lundin shares at a price of 266.4 crowns ($28.22), representing a discount of about 9.6% to Lundin's close on Friday. It will retain a 4.9% stake in Lundin.

  • GlobeNewswire

    Notice of Extraordinary General Meeting of Lundin Petroleum AB

    Lundin Petroleum AB (publ), 556610-8055, holds an Extraordinary General Meeting of Shareholders on Wednesday 31 July 2019 at 10:00 a.m. (Swedish time). For information on how we treat your personal data in connection with the Extraordinary General Meeting, see the privacy policy on Computershare’s website, https://www.computershare.com/se/gm-gdpr.

  • GlobeNewswire

    Proposal to redeem 16 percent of the outstanding Lundin Petroleum shares and sell a 2.6 percent stake in the Johan Sverdrup development project

    Lundin Petroleum AB (“Lundin Petroleum”) announces that its Board of Directors proposes to redeem 16 percent of the outstanding shares that are currently held by Equinor ASA (“Equinor”). Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (“Lundin Norway”) has further agreed to sell a 2.6 percent stake in the Johan Sverdrup development project, for a cash consideration to Equinor Energy AS (“Equinor Energy”) (together, and together with the steps described below, the “Transaction”).