BP Looking At Billions in Buybacks For Q4

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British oil and gas supermajor BP Plc.(NYSE: BP) has announced plans to buy back $2.5 billion in shares after an impressive third quarter. BP delivered strong Q3 results that far exceeded market expectations, including adjusted net income of $8.15B that topped the $6.1B analyst consensus. The robust earnings are nearly 5 billion more than the company’s $3.3 billion profits just one year ago.   BP has high energy volatility to thank for the impressive earnings, which helped boost the earnings contribution from the oil giant’s…      



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.

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