BP raises dividend as $2.8bn quarterly profit beats forecasts
The energy company has also extended its share repurchasing programme
https://www.businesslive.co.za/bd/companies/2024-07-30-bp-raises-dividend-as-28bn-quarterly-profit-beats-forecasts/
Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.
BP is a multinational oil and gas company headquartered in the UK, operating in all areas of the oil and gas industry.
BP stock is down 0.3% on Jul 30, 2024 14:41
The energy company has also extended its share repurchasing programme
https://www.businesslive.co.za/bd/companies/2024-07-30-bp-raises-dividend-as-28bn-quarterly-profit-beats-forecasts/
Oil prices continued to fall on Tuesday morning, ignoring the rising geopolitical risk in the Middle East and the potential of a supply disruption in Venezuela. Concerns about global demand continue to drive bearish sentiment in oil markets.- The Q2 quarterly earnings season has continued this week with most of oil majors reporting their performance results, with TotalEnergies and BP providing no clear direction for where oil firms are headed.- Totals net income underperformed market expectations of $4.95 billion and came in at $4.7
https://oilprice.com/Energy/Energy-General/Brent-Breaks-Below-80-as-Bearish-Sentiment-Continues-to-Dominate-Oil-Markets.html
BP (NYSE: BP) raised its dividend by 10% and extended its buyback program as it booked better-than-expected earnings for the second quarter of the year. The UK-based supermajor reported on Tuesday $2.8 billion in underlying replacement cost profit the metric closest to net profit for April to June, up from $2.7 billion for the previous quarter. The earnings were also higher than the $2.59 billion for the second quarter of 2023, and ahead of the analyst consensus of $2.54 billion. Compared with the first quarter of 2024, the result
https://oilprice.com/Latest-Energy-News/World-News/BP-Boosts-Dividend-as-Q2-Earnings-Top-Estimates.html
BP (BP) has released an update. BP p.l.c. has announced robust financial results for the second quarter of 2024, including a strong operating cash …
https://www.tipranks.com/news/company-announcements/bp-shows-strong-q2-results-and-increased-shareholder-returns
BP (BP) has released an update. BP has released its Form 6-K report for the first half of 2024, indicating strong cash generation and growing distr…
https://www.tipranks.com/news/company-announcements/bp-reports-strong-h1-2024-financials
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