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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  BP    BP.   GB0007980591

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BP : Azerbaijan to get bonus of $3.6 billion from BP-led oil group for new contract

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09/14/2017 | 08:12am CET

Azerbaijan government will receive a one-off bonus of $3.6 billion (2.73 billion pounds) from the BP-led consortium, which develops Azeri-Chirag-Guneshli (ACG) oilfields for the contract extension until 2050, Azerbaijan's president Ilham Aliyev said on Thursday.

He also said the remaining oil reserves of ACG oilfields stand at 500 million tonnes.

(Reporting by Nailia Bagirova; Writing by Polina Nikolskaya; Editing by Vladimir Soldatkin)

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Financials ($)
Sales 2017 237 B
EBIT 2017 11 656 M
Net income 2017 5 754 M
Debt 2017 37 498 M
Yield 2017 5,35%
P/E ratio 2017 25,07
P/E ratio 2018 18,35
EV / Sales 2017 0,77x
EV / Sales 2018 0,73x
Capitalization 146 B
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 7,12 $
Spread / Average Target -3,0%
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Managers
NameTitle
Robert W. Dudley Group Chief Executive Officer & Executive Director
Carl-Henric Svanberg Chairman
Brian Gilvary Group Chief Financial Officer & Executive Director
Paul Milton Anderson Independent Non-Executive Director
Ian Edward Lamert Davis Independent Non-Executive Director
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