BP Raises Dividend Despite 70% Earnings Plunge ...Middle East

OILPRICE - Economy
BP Raises Dividend Despite 70% Earnings Plunge
source : OILPRICE ( Middle East ) () 25
BP (NYSE: BP) raised its dividend even as it missed earnings estimates after reporting on Tuesday a 70% annual decline in second-quarter profit, due to lower oil and gas prices and weaker refining margins and trading business.    Underlying replacement cost profit, the most closely watched metric, slumped to $2.6 billion for the second quarter, down from $5.0 billion for the first quarter and from $8.45 billion for the second quarter of 2022. BP’s earnings between April and June 2023 fell short of analyst estimates of $3.5 billion…

Hence then, the article about bp raises dividend despite 70 earnings plunge was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP Raises Dividend Despite 70% Earnings Plunge )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
The Storage Solutions Your Battery Hasn’t Heard About (but should)
OILPRICE - before 10 hours & 12 minute
Apirone Unveils Updated Dashboard Built with Comprehensive Design System
PR Newswire - before 4 hours & 12 minute
Home Counties hotspots where London buyers are snapping up properties revealed
INDEPENDENT - before 7 hours & 55 minute
Why Christmas Is the Most Stressful Week for the Diesel Market
OILPRICE - before 8 hours & 8 minute
Gold and Silver Continue to Hit Record Highs
SABA NET - before 11 hour & 50 minute
Bitlock Expands Beyond Telegram as Mobile Wallet Apps Enter Final Testing Phase
PR Newswire - before 3 hours & 30 minute
MediaTek and DENSO Collaborate on Automotive SoCs for Advanced Driver-Assistance Systems
PR Newswire - before hour & 51 minute
Oil Prices Set for Largest Weekly Gain in Three Months
OILPRICE - before 11 minute


Latest News

Oil Prices Set for Largest Weekly Gain in Three Months

before 11 minute

MediaTek and DENSO Collaborate on Automotive SoCs for Advanced Driver-Assistance Systems

before hour & 51 minute

Bitlock Expands Beyond Telegram as Mobile Wallet Apps Enter Final Testing Phase

before 3 hours & 30 minute

Apirone Unveils Updated Dashboard Built with Comprehensive Design System

before 4 hours & 12 minute

Kanazawa University research: High-speed AFM imaging reveals how brain enzyme forms dodecameric ring structure

before 4 hours & 24 minute

TIER IV forms capital and business alliance with JR Central to support regional development through rail and autonomous driving integration

before 7 hours & 18 minute

Home Counties hotspots where London buyers are snapping up properties revealed

before 7 hours & 55 minute

Why Christmas Is the Most Stressful Week for the Diesel Market

before 8 hours & 8 minute

CGTN: Why China's anti-corruption drive never stops

before 9 hours & 31 minute

The Storage Solutions Your Battery Hasn’t Heard About (but should)

before 10 hours & 12 minute

Gold and Silver Continue to Hit Record Highs

before 11 hour & 50 minute

Energy-as-a-Service: A Subscription Trap for Heavy Infrastructure

before 12 hour & 11 minute

Unpacking Copper’s Phantom Deficit

before 14 hour & 16 minute

Why Christmas Is Still a Diesel Stress Test for Energy Markets

before 16 hour & 9 minute

Trump Has a New Auto Loan Tax Break. Here’s Who Could Benefit.

before 16 hour & 10 minute