Akastor ASA (OSL:AKAST)
Norway
· Delayed Price · Currency is NOK | Market Cap | 4.09B |
| Revenue (ttm) | 390.00M |
| Net Income (ttm) | -148.00M |
| Shares Out | 272.60M |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 17.47 |
| Dividend | 0.40 (2.66%) |
| Ex-Dividend Date | Feb 16, 2026 |
| Volume | 340,396 |
| Average Volume | 235,114 |
| Open | 15.02 |
| Previous Close | 15.02 |
| Day's Range | 14.94 - 15.24 |
| 52-Week Range | 10.60 - 15.96 |
| Beta | 0.03 |
| RSI | 58.72 |
| Earnings Date | May 13, 2026 |
About Akastor ASA
Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company operates through HMH, AKOFS Offshore, DDW Offshore, and Other holdings segments. Its HMH segments offer delivery capabilities, capital, industry experience and delivers offshore drilling equipment products and packages on scale. The AKOFS Offshore segment provides vessel-based subsea well construction, installation and intervention services to the oil and gas industry, covering all phases from development to project execution, and offshore... [Read more]
Financial Performance
Financial StatementsNews
Akastor ASA Earnings Call Transcript: Q4 2025
Solid financial position maintained with positive net cash and continued shareholder distributions. HMH delivered strong margins and cash flow despite a soft offshore market, while AKOFS and DDW Offshore secured new contracts and asset sales, supporting future earnings and liquidity.
Akastor ASA Earnings Call Transcript: Q3 2025
Solid net cash position and robust HMH performance enabled a NOK 0.4/share dividend, following the Odfjell Drilling exit. HMH posted 3% revenue growth and 19.3% EBITDA margin, while AKOFS and DDW Offshore maintained high vessel utilization. Offshore market outlook improves for 2026.
Akastor ASA Earnings Call Transcript: Q2 2025
Announced first-ever cash dividend, supported by strong net cash and asset sales. HMH and AKOFS delivered resilient results despite market softness, with optimism for 2026–2027. Asset realizations and capital returns remain strategic priorities.
Akastor ASA: Cancellation of sale of "Skandi Peregrino" by DDW Offshore
OSLO, Norway , May 16, 2025 /PRNewswire/ -- Reference is made to press release dated 4 March 2025 in respect of Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") and the agreement...
Akastor ASA Earnings Call Transcript: Q1 2025
Solid Q1 performance with HMH delivering flat EBITDA year-over-year and strong free cash flow. AKOFS Offshore maintained high vessel utilization and completed refinancing, while DDV Offshore agreed to a vessel sale with planned shareholder dividends. Macroeconomic and tariff risks remain, but offshore market resilience supports a positive outlook.
Akastor ASA: First Quarter Results 2025
FORNEBU, Norway , April 30, 2025 /PRNewswire/ -- First Quarter Highlights: HMH reported an adjusted EBITDA of USD 33 million for the quarter, with free cash flow of USD 15 million. AKOFS Offshore del...
Akastor ASA: Invitation to Presentation of First Quarter 2025 Results
OSLO, Norway , April 11, 2025 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the first quarter 2025 financial results on Wednesday, 30 April 2025. Date and tim...
Akastor ASA: Sale of "Skandi Peregrino" by DDW Offshore
FORNEBU, Norway , March 4, 2025 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has entered into a binding agreement to sell "Skandi Peregrino" for a purchase pr...
Akastor ASA Earnings Call Transcript: Q4 2024
Strong Q4 results featured robust EBITDA and cash flow growth, a major contract extension for AKOFS, and a strengthened net cash position. Portfolio companies are positioned for value-enhancing exits, with HMH and NES Fircroft preparing for potential listings.
Akastor ASA: Fourth Quarter Results 2024
FORNEBU, Norway , Feb. 13, 2025 /PRNewswire/ -- Fourth Quarter Highlights: Net capital employed increased by NOK 0.2 billion during the quarter, reaching NOK 5.0 billion. Equity stood at NOK 5.9 billi...
Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore
FORNEBU, Norway , Feb. 12, 2025 /PRNewswire/ -- Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA (OSE: AKAST) transfers 8.3% of the shares in A...
Akastor ASA: Invitation to Presentation of Fourth Quarter 2024 Results
OSLO, Norway , Jan. 30, 2025 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and t...
Akastor ASA: Completion of Mitsui transfer and agreement with MOL on ownership in AKOFS Offshore
FORNEBU, Norway, Jan. 14, 2025 /PRNewswire/ -- Reference is made to press release dated 6 November 2024 concerning the agreement between Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd. ("Mitsui") on t...
Akastor ASA: Equinor exercise option period for AKOFS Seafarer
FORNEBU, Norway , Dec. 4, 2024 /PRNewswire/ -- Equinor Energy AS ("Equinor") has now notified AKOFS Offshore AS ("AKOFS Offshore") that the three-year option period under the existing contract for the...
Akastor ASA: DDW Offshore awarded contract extension
FORNEBU, Norway , Dec. 3, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has been awarded a 6-month extension of the existing contract with Petrofac for t...
Akastor ASA: Akastor purchases ownership interests in AKOFS Offshore from Mitsui
FORNEBU, Norway , Nov. 6, 2024 /PRNewswire/ -- Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd, ("Mitsui") have today signed an agreement for the transfer of all of Mitsui's interests in AKOFS Offshore...
Akastor ASA Earnings Call Transcript: Q3 2024
Q3 saw strong operational and financial results, with HMH achieving record EBITDA and margin growth, while DDW Offshore secured new contracts and improved earnings. Akastor maintained a net cash position and is preparing for potential IPOs, pending market conditions.
Akastor ASA: Third Quarter Results 2024
FORNEBU, Norway , Oct. 30, 2024 /PRNewswire/ -- Third Quarter Highlights Net capital employed increased by NOK 0.1 billion during the quarter to NOK 4.8 billion. Equity stood at NOK 5.6 bil...
Akastor ASA: DDW Offshore secures two contracts with an international oil company
FORNEBU, Norway, Oct. 24, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS ("DDW Offshore") has been awarded two one-year contracts, each with a further 24-month priced optio...
Akastor ASA: Invitation to Presentation of Third Quarter 2024 Results
OSLO, Norway , Oct. 16, 2024 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of the third quarter 2024 financial results on Wednesday, 30 October 2024. Date and ti...
Akastor ASA Earnings Call Transcript: Q2 2024
Strong Q2 results driven by the DRU settlement and robust HMH performance, with significant cash inflow, improved margins, and a net cash position. Positive outlook for H2, with ongoing IPO preparations for HMH and continued portfolio optimization.
Akastor ASA: Second Quarter and Half Year Results 2024
FORNEBU, Norway , July 11, 2024 /PRNewswire/ -- Second Quarter Highlights DRU arbitration concluded, with USD 176 million received in cash and an accounting gain of NOK 748 million in the second quar...
Akastor ASA: Invitation to presentation of second quarter results 2024
OSLO, Norway , June 27, 2024 /PRNewswire/ -- Akastor ASA invites investors and analysts to a webcast presentation of first quarter 2024 financial results on Thursday 11 July 2024. Date and time:Thursd...
Akastor ASA: Odfjell Drilling Ltd shares received pursuant to Warrant Agreement
FORNEBU, Norway , May 31, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) subsidiary Akastor AS has today received 3,023,886 shares in Odfjell Drilling Ltd. (OSE: ODL), pursuant to a warrant investmen...
Akastor ASA: DRU arbitration award - Settlement of interest and costs
FORNEBU, Norway , May 21, 2024 /PRNewswire/ -- Reference is made to Akastor ASA's (OSE: AKAST) announcements dated 18 and 22 April 2024 on the arbitration award issued in respect of the DRU contracts....