BP reported on Tuesday first quarter earnings of $2.7 billion, missing forecasts, while the company extended its $1.75 billion share repurchase programme.
The momentum for London’s FTSE 100 index is continuing in a session that has also featured BP quarterly results. The oil giant’s profits came in lower than a year ago but the decline failed to prevent ...
Oil company to maintain pace of share buybacks despite impact of falling gas prices ...
Oil giant BP sparked fresh fury among motoring groups today after it emerged the company generated profits at the rate of £1.3 million an hour. The UK-based group achieved profits of £2.86 ...
BP’s first-quarter earnings plunged by 40 per cent to $2.7 billion, missing forecasts after lower energy prices and a US refinery outage offset increased oil and gas production.
Among the companies with reports and trading updates today are BP, Wayve and IWG. Read Tuesday 7 May Business Live blog below ...
BP faces fierce new criticism from motorists groups today as it announced a record profit of £5.58 billion for the six months to 30 June. The company says higher margins on oil refining rather ...
BP is expected to announce slowing profits and revenues for the first quarter of 2024, as it wrestles with lower oil prices and weaker refining margins than this time last year. The oil super ...
BP Plc maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected and net debt increased. Most Read from BloombergIsrael Says a Cease-Fire Plan ...
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy ...