Your email has been successfully added to our mailing list.

×
0.00343790287924374 0.00429737859905464 0.00429737859905464 0.00644606789858196 0.00601633003867643 0.00601633003867643 0.0378169316716804 0.0373871938117747
Stock impact report

BP's net profit slides 67% in the first quarter following a historic fall in oil prices [CNBC]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: CNBC
giantBP "A good quarter but, undoubtedly, a very brutal environment," BP CEO Bernard Looney told CNBC's "Squawk Box Europe" on Tuesday.BP's results come shortly after a historic plunge in oil prices. The May contract of U.S. West Texas Intermediate plunged below zero to trade in negative territory for the first time in history last week. Trading volume was thin given it was the day before the contract's expiration date, but the move lower was unprecedented nonetheless.WTI futures had fetched more than $60 a barrel at the start of the year. A dramatic fall-off in demand as a result of the coronavirus outbreak has sent oil prices tumbling.On Tuesday, the June contract of WTI traded at $10.96 per barrel, more than 14% lower for the session, while international benchmark stood at $19.16, down over 4%."The real situation that we have here is a fundamental situation of supply and demand," Looney said. "Demand in the second quarter, we think, will be down around 16 million barrels per day wo Show less Read more
Impact Snapshot
Event Time:
BP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BP alerts
Opt-in for
BP alerts

from News Quantified
Opt-in for
BP alerts

from News Quantified