Aker BP Beats Q2 Forecast on Record Output, Keeps Guidance

Norwegian oil firm Aker BP on Tuesday beat second-quarter pretax profit expectations helped by record output and a partial reversal of impairments from the previous quarter as oil prices rose.

Pretax profit fell to $151 million from $249 million a year earlier but beat a forecast of $91.3 million in a Refinitiv poll of analysts, said the company, which is jointly controlled by BP Plc and investment firm Aker ASA.

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