BP Plc, the world’s second-largest oil company by market capitalization, beat analysts’ forecasts with a 29 percent rise in first-quarter profits on Tuesday, boosted by high oil prices. BP said in a statement its replacement cost net profit, which excludes rises in the value of inventories, rose to $5.49 billion from $4.26 billion in the same period last year.
News
about 21 years ago
BP profits up 29 pct on oil prices
BP Plc, the world’s second-largest oil company by market capitalization, beat analysts’ forecasts with a 29 percent rise in first-quarter profits on Tuesday, boosted by high oil prices. BP said in a statement its replacement cost net profit, which excludes rises in the value of inventories, rose to
Reach the Offshore Energy industry in one go!
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on: