BP misses expectations as profits slip on weaker oil and gas prices
BP reported lower first-quarter profit of $2.7 billion, attributing the fall to reflect lower oil and gas prices and a ...
FTSE 100 Live 7 May: Index surges 100 points to yet another record, BP profits down
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 ...
BUSINESS LIVE: BP profits slump 72%; Wayve raises more than $1bn; Retail sales sink in April
Among the companies with reports and trading updates today are BP, Wayve and IWG. Read Tuesday 7 May Business Live blog below ...
BP to cut $2bn in costs as profits miss forecasts
Oil company to maintain pace of share buybacks despite impact of falling gas prices ...
FTSE 100 Live 7 May: Index closes up 100 points at yet another record high, BP profits down, FRC fines
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 ...
FTSE 100 Live 7 May: Index at yet another record, BP profits down
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 ...
BP plans cost cutting alongside multi-billion payday for investors as profits miss forecasts
BP’s key industry earnings measure, underlying replacement cost profit fell to $2.7 billion (£2.2 billion), from $2.9 billion in the fourth quarter and almost $5 billion in the same period a year ago.
Daily Mail7d
BP announces record profits
The figures add weight to calls for a windfall tax to be imposed on BP and rival Shell. Both made record profits of more than £9 billion last year, with BP's figure the highest ever recorded by a ...
Investing1d
Blue chips rocket higher, BP profits fall, house prices stabilise
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 ...
gulftoday1d
BP profit slides by 40 per cent to $2.7 billion in first 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.
Global stock market rally continues as FTSE 100 races to another record high
The biggest risers on the FTSE 100 were DCC, up 250p to 5,745p, SSE, up 71p to 1,780.5p, Barclays, up 8p to 210.35p, ...
BP Maintains Share Buybacks as Cash Flow Drops, Debt Rises
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 ...