BP misses expectations as profits slip on weaker oil and gas prices
BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels.
BP to Cut Costs After Profit Misses Expectations on Weaker Oil, Gas Prices -- 2nd Update
By Christian Moess Laursen BP plans to cut at least $2 billion in costs after the British energy company's first-quarter profit was hit by lower prices
BP Misses Q1 Earnings Forecasts on Lower Oil and Gas Prices
BP posted worse-than-expected earnings for the first quarter due to lower oil and gas prices and a refinery outage in the United States.
BP’s Profits Slip Below Expectations Amid Weaker Oil and Gas Prices
BP announced on Tuesday that its profit for the first quarter went down, falling short of what analysts expected. This drop was mainly because of lower profit margins on fuels and lower prices for gas and oil.
BP Profit Falls on Weaker Oil, Gas Prices; Misses Expectations -- Update
By Christian Moess Laursen BP's first-quarter profit was hit by lower prices for oil and gas sold, missing market forecasts, but the British energy
BP profits drop to $2.7 billion, refinery outage offsets higher output
BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower energy prices and a U.S. refinery outage, even as oil and gas production increased.
BP profits miss forecasts as oil and gas prices fall
BP made an underlying profit of $2.7bn in the first quarter of 2024, slightly below a consensus forecast from analysts of $2.9bn, and said its earnings had fallen because of lower oil and gas prices compared with the same period last year.
BP Profit Falls on Lower Prices, Outage at Oil Refinery -- Energy Comment
By Christian Moess Laursen BP reported a fall in first-quarter earnings following weaker oil and gas prices, while it ramped up oil production. An
BP posts first-quarter profit miss, citing fall in oil and gas prices
London-listed shares in BP (LON:BP) were choppy on Tuesday after the energy giant posted lower than anticipated underlying profit in the first quarter due to a slide in oil and gas prices. Underlying replacement cost profit --
BP profits hammered by lower energy prices
The oil supermajor said its underlying replacement cost profit - its preferred measure - totalled £2.2billion in the opening three months of 2024, compared to £4billion for the same period last year
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