Net asset value

Letter to Stockholders Issued by Diamondback Energy, Inc.

Retrieved on: 
Monday, November 6, 2023
Knowledge, Acceleration, JV, Insurance, Sale, Policy, Security (finance), BOE, Public Sector Net Cash Requirement, Water, NGL, G&A, Viperidae, CFPS, GAAP, Acquisition, MBO, Atlas, GRP, Letter, Growth, Transport, EPS, Lake Como, LOE, Deep Blue, Firebird, Net asset value, FCF, WTI, Philosophy, Energy Independence and Security Act of 2007, Bank, Oil, Pharmaceutical industry, Airline, Holding company, Diamondback, Diamondback Energy

Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.

Key Points: 
  • Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
  • In summary, Diamondback continues to execute on our business plan with our best-in-class cost structure and strong balance sheet.
  • This JV, of which Diamondback retained 30% ownership, creates the largest independent water business in the Midland Basin and brought in proceeds of ~$500 million to Diamondback.
  • Important information regarding forward-looking statements is included in our earnings release furnished to the SEC simultaneously with this letter.

Aker ASA: Third Quarter Results 2023 - Net Asset Value of NOK 64.1 billion

Retrieved on: 
Friday, November 3, 2023
Aker Solutions, Oslo Stock Exchange, GAV, Aker ASA, China Agri-Industries Holdings, OneSubsea, NAV, AMSC, USD, Net asset value, UK Financial Investments, NOK, Renewable energy, Bank, Video game, Aker, Solstad Farstad

OSLO, Norway, Nov. 3, 2023 /PRNewswire/ -- The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 64.1 billion at the end of the third quarter 2023, up NOK 6.9 billion (or 12.1 percent) from NOK 57.2 billion at the end of the second quarter.

Key Points: 
  • OSLO, Norway, Nov. 3, 2023 /PRNewswire/ -- The Net Asset Value ("NAV") of Aker ASA and holding companies ("Aker") was NOK 64.1 billion at the end of the third quarter 2023, up NOK 6.9 billion (or 12.1 percent) from NOK 57.2 billion at the end of the second quarter.
  • "Looking back on an extraordinary third quarter through Aker lenses, we experienced strong operations and high activity across the portfolio as we continued to progress on our strategy.
  • Important strategic developments have taken place across the Aker portfolio in recent months, in-line with Aker's strategy and focus on long-term value creation.
  • Financial highlights - third quarter 2023:
    NAV of NOK 64.1 billion, up NOK 6.9 billion from NOK 57.2 billion at the end of the second quarter
    NAV per-share of NOK 862, compared to NOK 770 at the end of the second quarter
    GAV of NOK 73.1 billion, up NOK 6.8 billion from NOK 66.3 billion at the end of the second quarter
    Share price at NOK 659.5, an increase of 8.4 percent in the quarter.