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Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
BP PLC (NYSE:BP) shares are trading higher after the company reported second-quarter FY24 results. Sales and other operating revenues came in at $47.299 billion, missing the consensus of $52.925 ...
LONDON — BP reported a profit of $8.5 billion for its second quarter on Tuesday, its biggest windfall in 14 years, making it the latest oil giant to cash in on higher crude prices as Russia’s ...
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...
Despite these setbacks, investors expect BP's second-quarter underlying replacement cost profit, which the company defines as net income, to reach $3.13 billion, according to LSEG data.
Oil and natural gas giant BP has beat expectations with earnings of $3 billion in the last three months of 2023.
Oil and gas giant BP has reported strong profits for the beginning of the year as energy prices remain high. Profits hit $5bn (£4bn) in the first three months of the year, although this was down ...
Analysts lower price target for BP after Q3 results show revenue miss and production decline. Focus on deleveraging over growth.
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.
BP reports Q2 FY24 adjusted EBITDA of $9.64 billion, with underlying RC profit per ADS at $1.00, beating estimates of $0.92. BP announced 10% increase in interim dividend and completed $1.75 ...
London-based BP reported its underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, down from $3.3 billion in the previous quarter.
BP (BP): Free Stock Analysis Report This article BP Faces Price Forecast Cuts As Analysts Flag Weak Earnings And Rising Debt Challenges originally appeared on Benzinga.com ...
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