|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||229.90 - 245.00|
|52 Week Range||178.90 - 347.00|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||287.95|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||4.00 (1.58%)|
|1y Target Est||32.24|
"We are working on stabilising the vessel," Norwegian Navy Counter-Admiral Nils Andreas Stensoenes told a news conference, adding that the eight injured were all Navy crew. Police and the national Accident Investigation Board were investigating the accident, which took place at 0326 GMT. The tanker had left Equinor's (EQNR.OL) Sture oil shipment terminal with a cargo of crude, and the facility was shut for several hours on Thursday as a result.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Lundin Petroleum AB (publ) (STO:LUPE) Read More...
Highlights Record high quarterly free cash flow generation of approximately MUSD 230Production for the nine month period in line with mid-point of revised full year guidance:.
In June 2018, Lundin Petroleum AB (publ) (STO:LUPE) announced its earnings update. Overall, analyst consensus outlook appear in-line with historical trends, with earnings growth rate expected to be 13% in Read More...
Lundin Petroleum AB (“Lundin Petroleum” or the “Company”) has received notification from the Swedish Prosecution Authority on 1 November 2018 that the Company may be liable to a.
After getting approval from the Swedish government last week, a prosecutor is now putting the last touches on a decade-long investigation into war crimes in Sudan that could end in charges against Lundin’s chief executive and chairman. The alleged crimes, which carry a maximum sentence of life imprisonment, date back to between 1997 and 2003, when the company headed a group formed to search for and extract oil in southern Sudan.
Lundin Petroleum AB (Lundin Petroleum) will publish its financial report for the third quarter 2018 on Wednesday 7 November. For the third quarter 2018, Lundin Petroleum will recognise a net foreign exchange loss of approximately MUSD 11 and the income associated with the Alta extended production test will be offset against the capitalised appraisal expenditure. The profitability for the third quarter 2018 will be impacted by a net foreign currency exchange loss, mainly related to the loan balances revaluation.
If you want to know who really controls Lundin Petroleum AB (publ) (STO:LUPE), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company Read More...
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) has entered into an agreement with Equinor Energy AS (Equinor), under which Lundin Norway will acquire Equinor's entire 15 percent working interest in the Lundin Norway operated licence PL359, containing the Luno II oil discovery. The acquisition takes Lundin Norway’s working interest in PL359 to 65 percent and creates commercial and operational alignment between the Edvard Grieg and Luno II partnerships, realising significant benefits through optimisation of production and enhanced value from both fields.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the Alta appraisal well 7220/11-5 and extended production test in PL609 in the southern Barents Sea. The appraisal well is located approximately 4 km south of the original Alta discovery well and is the fifth well drilled on the Alta discovery.
When the owners of Norwegian oil firm Aker BP (AKERBP.OL) decided to digitise its assets and operations, they searched high and low for the right software company. Less than two years later, Cognite is selling its software to Aker BP's rivals and one competitor, Sweden's Lundin Petroleum (LUPE.ST), has even agreed to share its real-time oilfield data with Aker in what they say is an industry first. "This will be the first time two different operators, or oil companies, will share operations/production data live from two producing fields, that is between Edvard Grieg and Ivar Aasen," a Lundin Norway representative told Reuters.
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce the composition of the Nomination Committee for the 2019 Annual General Meeting (AGM) to be held on 29 March 2019 in Stockholm. At the Nomination Committee's first meeting, Ian H. Lundin was elected as Chairman of the Nomination Committee.
European auto shares surged more than 2 percent on Monday as news of a U.S.-Mexico agreement on NAFTA added to the bullish sentiment generated by U.S. Federal Reserve chairman Jerome Powell's market-friendly speech. A British public holiday thinned trading volumes across the region but European markets opened broadly firmer after Powell late last week affirmed the U.S. central bank's current gradual pace of rate hikes.
Norway's Equinor (EQNR.OL) on Monday increased its resource estimate for the Johan Sverdrup oilfield, the North Sea's largest discovery in more than three decades, while cutting the cost of development. The field is believed to hold 2.2-3.2 billion barrels of oil equivalent, up from a previous forecast of 2.1-3.1 billion barrels. The overall cost of developing the field has been cut to 127 billion Norwegian crowns ($15 billion), down some 6 billion crowns since February, Equinor said, as it presented its investment plans for the field's second phase.
Lundin Petroleum AB is pleased to announce an update on the Johan Sverdrup development project in relation to a number of key metric improvements and submission of the Phase 2 plan for development and ...
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the appraisal well 16/1-28S and production test on the Rolvsnes discovery in the PL338C on the Utsira High in the Norwegian North Sea. The appraisal well is located approximately 3 km from the Lundin Norway operated Edvard Grieg platform and is the third well on the Rolvsnes oil discovery.
Norway's trillion-dollar sovereign wealth fund should continue to invest in oil and gas companies, a government-appointed commission recommended on Friday, contradicting earlier advice from the central bank, and boosting the shares of oil firms. A decision on whether to drop energy shares from the fund's benchmark index, and thus divest tens of billions of dollars from oil and gas stocks over time, is expected this autumn. Shares of European oil and gas companies fell last November when the fund's manager, the Norwegian central bank, announced its proposal to cut the exposure of the fund - and thus the Norwegian government - to oil price fluctuations.
Lundin Petroleum AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. Lundin Petroleum is one ofRead More...
By Kit Rees and Helen Reid LONDON (Reuters) - European shares climbed on Tuesday to a new six-week high on signs of a détente in the U.S.-China trade dispute, while strong earnings updates drove gains ...