BP Boosts Buybacks As Q3 Profit Doubles To $8.2 Billion

November 1, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Advertisements

BP (NYSE: BP) announced a further $2.5 billion share buyback after more than doubling its Q3 profit from a year earlier, thanks to what it described as an “exceptional” gas marketing and trading result and higher gas realizations. BP joined other international oil and gas majors in reporting very strong earnings after it reported on Tuesday an underlying replacement cost profit – its metric for net profit – of $8.2 billion for the third quarter. This was slightly lower than the $8.5 billion for the previous quarter, which saw…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

BP Boosts Buybacks As Q3 Profit Doubles To $8.2 Billion

Share this:

Share this:

Discover more from Maheri Network