BP reported lower first-quarter profit of $2.7 billion, attributing the fall to reflect lower oil and gas prices and a ...
The momentum for London’s FTSE 100 index is continuing in a session that has also featured BP quarterly results. Across the London market, blue-chips remain in demand as the FTSE 100 index today ...
Among the companies with reports and trading updates today are BP, Wayve and IWG. Read Tuesday 7 May Business Live blog below ...
Oil company to maintain pace of share buybacks despite impact of falling gas prices ...
Their gains came after the S&P 500 rallied more than 1% on revised bets on when Federal Reserve might loosen monetary policy. Other strong FTSE 100 stocks included Marks & Spencer, which improved 5.5p ...
The audit watchdog today issued sanctions over the collapse of London Capital & Finance, a now insolvent fund that took money from nearly 12,000 investors. The executive counsel of the Financial ...
BP’s key industry earnings measure, underlying replacement cost profit fell to $2.7 billion (£2.2 billion), from $2.9 billion ...
Furthermore, BP’s profit attributable to shareholders decreased dramatically, from $8.2 billion in the year-earlier quarter ...
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.
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 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 ...
The less-favourable comparison reflected exceptionally strong gas marketing and trading results in the first quarter of 2023, weaker fuel margins, and lower production at 914 million barrels of oil ...