Tony Hayward, BP's cost-cutting CEO, laid out an ambitious plan to increase annual profits by more than $3 billion over the next two to three years. Latest U.S.

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...

The oil major BP may have announced another set of record profits yesterday, but behind the headline figures, the falling oil price is taking its toll on profitability and the chief executive's ...

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 ...

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 beat expectations on Tuesday, Feb. 6, 2024 with earnings of $3 billion in the last three months of 2023, bringing last year's total to half its record 2022 profit as ...

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 ...

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 ...

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.