BP Expects Lower Gas Output & Higher Debt in Q1 Amid Strategy Shift [Yahoo! Finance]

BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
In a quarterly trading update released on Friday, the company said that the overall upstream production would be lower compared to the prior quarter. While oil production is expected to rise slightly, gas and low-carbon energy output will be lower, reflecting recent divestments in Egypt and Trinidad that closed late last quarter. The weak performance in natural gas trading stands out in a quarter that is otherwise expected to deliver an “average” result for BP's oil trading division. BP noted that oil and gas realizations are likely to remain broadly flat on a sequential basis. The Zacks Consensus Estimate for BP's first-quarter earnings is pinned at 64 cents per share, down from 97 cents in the prior-year quarter. The setback in gas comes as BP reorients its stra
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BP
Earnings
- 2/12/25 - Miss
BP
Sec Filings
- 4/23/25 - Form SCHEDULE
- 4/17/25 - Form 6-K
- 4/11/25 - Form 6-K
- BP's page on the SEC website