Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019

Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019
link : Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019

Read too


Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019

Bloomberg here. Data points:
  • 4Q18: adjusted net income, $3.48 billion vs estimates of $2.64 billion
  • full year: $12.7 billion -- as high as when oil was trading close to $100/bbl 
But look at this:
The better-than-expected earnings should give shareholders some comfort after BP took on more debt to pay for a swath of U.S. shale assets, its biggest deal in 20 years. The company’s facilities were still able to churn out cash even as the oil market turned south late last year.
While higher leverage gives BP less flexibility than its peers should the commodities cycle worsen again, so far prices have rebounded swiftly this year. Its willingness to spend money delivered six major new projects in 2018, increasing oil and gas output 2.4 percent to 3.683 million barrels of oil equivalent a day, the first of several years of forecast growth.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or think you may have read here. 




Thus Article Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019

That's an article Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019 with the link address https://mylivemyidea.blogspot.com/2019/02/wow-it-never-quits-now-its-bp-exceeding.html

Subscribe to receive free email updates:

Related Posts :

0 Response to "Wow, It Never Quits -- Now It's BP Exceeding Financial Expectations -- February 5, 2019"

Post a Comment