BP p.l.c. (NYSE:BP) shares are trading lower on premarket on Friday. The company disclosed updated third-quarter guidance.
Shell ( SHEL) and Exxon Mobil ( XOM) have also warned of lower profitability amid a slide in oil product trading and oil ...
Oil and gas giant BP has issued a profit warning ahead of the release of its third-quarter (Q3) results, after announcing ...
The oil giant also said it expects net debt to now come in higher, driven primarily by the impact of weaker refining margins.
BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...
UK Supermajor BP is navigating a challenging market landscape, as it balances production stability with external pressures ...
BP anticipates that its net debt at the end of the third quarter will be higher, primarily due to weaker refining margins and ...
BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices ...
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous ...
BP PLC on Friday said it expects net debt to be higher at the end of the third quarter, primarily due to less profitable refining activities. In a trading update, the London-based oil major said ...