Daily Ideas·Pitch·AKRBP.OL·2025年5月1日

AKRBP.OL stock pitch - 2025-05-02

Sherwood Investment Letter
YellowBrick

AKRBP.OL: Norwegian oil co at 50%+ undervaluation, 13% earnings yield, 12% dividend. 3yr ROCE 30%, 10yr ROCE 20%, 93% margins, 0.6 D/E. 40% 10yr rev CAGR. Strong private owners (BP, Aker, Lundin). Falling oil prices create opportunity - short-term price correlation doesn't reflect long-term prospects. Complements Equinor holding.

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