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BP (NYSE:BP) Posts Quarterly Earnings Results, Beats Expectations By $0.35 EPS
['Shane Hupp']
Ticker Report
The oil and gas exploration company reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.35, FiscalAI reports.
BP said net debt fell by $3 billion quarter-on-quarter, while total financial obligations declined by about $7 billion since the first quarter.
Weiss Ratings reiterated a “hold (c-)” rating on shares of BP in a research report on Thursday, June 18th.
UBS Group upgraded shares of BP from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 15th.
BP Company Profile(Get Free Report)BP plc is a British multinational integrated energy company headquartered in London.