09:19 AM EDT, 09/18/2026 (MT Newswires) -- AlphaValue/Baader Europe raised its forecasts for oil and gas exploration and production company Aker BP (AKRBP.OL), taking into account a higher commodity price deck. "The main driver is the price deck: we now take Brent to USD 91.5/bbl in 2026 from USD 87/bbl and USD 78/bbl in 2027 from USD 72/bbl, while European gas moves to EUR 57/MWh from EUR 55/MWh in 2026 and EUR 53/MWh from EUR 47/MWh in 2027. The second leg is volumes. We raise the lower end of 2026 guidance to 380-400 kboe/d, while Skarv Satellites adds production from late 2026 and Yggdrasil and Valhall PWP-Fenris drive the step-up from 2027," analysts wrote in a Friday note. "Management expects production to increase by around 35% between 2026 and 2028, giving Aker BP significant operating leverage to the stronger commodity assumptions." As such, EPS projections for 2026 and 2027 were increased by 35.5% and 21.8%, respectively, to $4.46 and $3.77. The research firm has a sell rating on the stock, with a price target of 328 Norwegian kroner.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.