je.st
news
BP beats expectations on surprise Russian profit, stock jumps
2015-02-03 12:55:35| Oil & Gas - Topix.net
Oil major BP beat expectations for the fourth quarter of 2014 thanks to a surprise profit from its stake in Russian oil giant Rosneft while taking a $3.6 billion impairment charge and cutting spending due to low oil prices. The firm reported underlying replacement cost profit at $2.2 billion versus expectations of $1.5 billion.
Tags: stock
russian
profit
surprise
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||