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0 -0.000428816466552383 -0.00300171526586622 -0.00385934819897083 0.00600343053173244 0.00214408233276161 0.0248713550600344 0.0377358490566036
Stock impact report

BP EPADS misses by $0.01, beats on revenue [Seeking Alpha]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
|EnergyBP EPADS misses by $0.01, beats on revenueApr. 28, 2020 3:33 AM ETBP p.l.c. (BP)Gaurav BataviaBP (NYSE:misses by $0.31Revenue of $59.65B (-10.0% Y/Y)beats by $2.76BResults reflected lower prices, demand destruction in the downstream particularly in March, a lower estimated result from Rosneft and a lower contribution from oil trading. It was also impacted by $0.2 billion non-cash underlying FX effects in other businesses and corporate, including FX translation impacts of finance debt in the BP Bunge Bioenergia joint venture.Q2 outlook: Material impact in downstream. Product demand in fuels marketing to be significantly lower in European and North America businesses. In refining, decline product sales will lead to reduced utilization and significantly lower refining margins. In addition, a lower level of North American heavy crude discounts is expected.Shares-1.5%Press ReleaseClick to subscribe to real-time analytics on BPNow read:IMF March Buys: The 14 Stocks Added To My Fund » Show less Read more
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