Feb. 8 at 11:34 AM
$AKRBF Aker BP named Jefferies top oil pick for 2026
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Among Norwegian producers, Jefferies reiterated a “buy” rating on Aker BP and raised its price target to NOK330 from NOK315, citing production growth and returns.
The brokerage said Aker BP remains its top pick, supported by organic production growth and dividend visibility. “Quality names capture upside & offer protection on the downside,” the analysts said.
Vår Energi also retained a “buy” rating with an unchanged NOK40 price target. Jefferies said the company continues to offer value through dividends yielding about 14%, though it favors Aker BP due to stronger production catalysts.
Vår Energi’s ability to meet its production target of around 400,000 barrels of oil equivalent per day in 2026 remains tied to performance at Balder, the report said."
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https://www.investing.com/news/stock-market-news/aker-bp-named-jefferies-top-oil-pick-for-2026-while-energean-cut-to-underperform-4483614