BP just one million away from billion-dollar deficit

The British oil company fell short of analyst expectations in the fourth quarter and delivered the worst underlying result for the company in ten years.
Photo: BP/PR
Photo: BP/PR

BP earned USD 400 million in the fourth quarter last year, which is not only far below analyst expectations for a profit of USD 568 million for the year, but also significantly below the company's own forecast for earnings which have not been adjusted for non-operational items.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Jobs

See all jobs