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Stock impact report

Aker BP Q1 beats forecast on record output, lower cost [Reuters]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
, opens new tab on Wednesday posted a higher-than-expected net profit for the first quarter as production hit a record while costs fell. The company, partly owned by BP (BP.L) New Tab , opens new tab , reported a net profit of $531 million for January-March, up from $187 million a year earlier, beating a $470 million forecast in a company-compiled poll New Tab , opens new tab of analysts. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here. Reporting by Nerijus Adomaitis, editing by Terje Solsvik Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab Show less Read more
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