WebAug 2, 2024 · BP reported an underlying profit of $8.5 billion, up from $6.2 billion in the previous quarter and triple the $2.8 billion in the same period last year. Its shares rose more than 3 percent in ... WebFeb 8, 2024 · Oil and gas giant BP on Tuesday reported a massive upswing in full-year net profit, its highest in eight years, supported by soaring commodity prices. The British …

BP profit jump sparks calls for bigger windfall tax - BBC News

WebFeb 7, 2024 · BP’s previous annual profit record was $26.3bn in 2008. The company announced it would hand more money to shareholders, increasing its quarterly dividend payout by 10% and spending a further $2 ... WebNov 1, 2024 · BP made a profit of $3.3 billion a year earlier and achieved a 14-year high of $8.45 billion in the second quarter of 2024. Its latest result was helped by "an exceptional gas marketing and ... provisioning sharepoint

Energy prices lift BP profits to 8-year high Reuters

WebAug 2, 2024 · BP has posted its biggest profit since 2008 as it cashed in on soaring energy prices, just as families face winter energy bill pain.The energy giant saw underlying profits hit $8.45bn (£6.9bn) – more than triple the amount it made at the same time last year. The figure is the second highest in the firm's history and takes its half-year profits to $14.6bn. WebFeb 7, 2024 · Reported profit for the quarter was $10.8 billion, compared with a loss of $2.2 billion for the third quarter 2024. The reported result for the fourth quarter is adjusted by inventory holding losses net of tax of … WebNov 2, 2024 · Underlying profit on a replacement cost basis, the measure most closely tracked by analysts, rose to $3.3bn from $2.8bn in the second quarter, thanks to higher oil and gas prices and “a stronger ... provisioning software meaning