OSLO, May 6 (Reuters) - Aker BP will cut its
quarterly dividend payments by two-thirds due to the COVID-19
pandemic and the fall in crude prices, the Norwegian oil firm
said on Wednesday after reporting first-quarter profits that
beat expectations.
Earnings before interest, tax, depreciation and amortization
(EBITDA) rose to $666 million in the quarter from $539 million a
year ago, outperforming a $617 million forecast in a Refinitiv
poll of analysts.
(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)