Third quarter 2024 results | News and insights | Home

3Q 2024 financial results - bpbp's third quarter 2024 results | Investors | HomeThird quarter 2024 trading statement | News and insights | Home - bp


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BP Reports Q3 2024 Net Profit Of $206m Amid Market Pressures …

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Oct 30, 2024  · BP’s reported results for Q3 2024 include adjustments for inventory holding losses amounting to $1.2bn (pre-tax) and a net adverse impact of $1.6bn (pre-tax) from other …

nsenergybusiness.com

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Bp's Third Quarter 2024 Results | Investors | Home

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Underlying RC profit for the quarter was $2.3 billion, compared with $2.8 billion for the previous quarter. Compared with the second quarter 2024, the underlying result reflects weaker realized ref...Reported profit for the quarter was $0.2 billion, compared with a loss of $0.1 billion for the second quarter 2024. The reported result for the third quarter is adjusted for inventory holdin…

bp.com

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BP Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS …

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Nov 4, 2024  · BP ( LON:BP. ) Third Quarter 2024 Results Key Financial Results Revenue: US$47.2b (down 11% from 3Q 2023). Net income...

yahoo.com

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BP PLC (BP) Q3 2024 Earnings Call Highlights: Strong Upstream …

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Oct 30, 2024  · BP PLC (BP) reports robust upstream production and EV charging growth, while announcing a $1.75 billion share buyback and maintaining a strategic focus on cost savings …

yahoo.com

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BP Q3 2024 Financial Performance - Offshore Technology

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Oct 30, 2024  · BP has reported an underlying replacement cost (RC) profit, proxy for net profit, of $2.26bn in the third quarter of 2024 (Q3 2024), a 31.1% drop from $3.29bn during the same …

offshore-technology.com

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BP Reports Decline In Q3 Profit Amid Strategic Shifts

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Oct 29, 2024  · BP reported a third-quarter 2024 profit of $206 million, a significant drop from $4.858 billion in the same period last year, despite achieving an underlying replacement cost …

businessinsider.com

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BP Profit Slumps To Near Four-year Low As Oil Demand Sags

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Oct 29, 2024  · BP's underlying replacement cost profit, the company's definition of net income, reached $2.27 billion in the third quarter, exceeding forecasts of $2.05 billion in a company …

reuters.com

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British Oil Giant BP Posts $2.3 Billion In Third-quarter Profit

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Oct 29, 2024  · British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

cnbc.com

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Third Quarter 2024 Trading Statement | News And Insights | Home

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a All impacts influence bp’s underlying RC profit before interest and tax, unless stated otherwise. ... Hub first of month index averaged $2.15/mmBtu in the third quarter 2024 compared to …

bp.com

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BP Beats Q4 Profit Forecast, Increases Share Buybacks

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Feb 6, 2024  · The company said it was committed to repurchasing $3.5 billion of shares in the first half of 2024. BP's fourth-quarter underlying replacement cost profit, the company's definition of …

nasdaq.com

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BP, Deep Wind Create JV To Develop Offshore Wind Farms In South …

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Feb 16, 2023  · BP has created a joint venture (JV) with Deep Wind Offshore to pursue offshore wind opportunities in South Korea. ... BP reports Q3 2024 net profit of $206m amid market …

nsenergybusiness.com

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Ensign Natural Resources Acquires EFS And Edwards Acreage In …

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Aug 19, 2020  · BP reports Q3 2024 net profit of $206m amid market pressures and declining refining margins; ... been focused on securing incremental gains and improving our margins …

nsenergybusiness.com

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BP Faces $3B Hit In 2Q24 Amid Refining Challenges & Low Demand

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Jul 10, 2024  · BP plc (NYSE:BP) is bracing for a substantial financial setback as it prepares to report its second-quarter 2024 results.The company anticipates a $3-billion (£2.3 billion) hit …

businessinsider.com

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Qatar Petroleum Targeting Brazil, Argentina LNG Markets, Says CEO

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Oct 7, 2019  · BP reports Q3 2024 net profit of $206m amid market pressures and declining refining margins; Capricorn Metals gets board approval for expansion of Karlawinda gold …

nsenergybusiness.com

FAQs about Third quarter 2024 results | News and insights | Home Coupon?

How much did BP make in Q2 2023?

The energy firm posted underlying replacement cost profit, used as a proxy for net profit, of $2.3 billion for the July-September period. That beat analyst expectations of $2.1 billion, according to an LSEG-compiled consensus. BP reported net profit of $2.8 billion for the second quarter of the year and $3.3 billion for the third quarter of 2023. ...

How did BP perform in the third quarter of 2023?

BP reported net profit of $2.8 billion for the second quarter of the year and $3.3 billion for the third quarter of 2023. The firm’s third-quarter results were the weakest since the fourth quarter of 2020, when industry profits cratered during the coronavirus pandemic. ...

How did BP perform in Q2 2024?

During the quarter, BP’s capital expenditure was $4.54bn, up from $3.60bn. In the first three quarters of 2024, BP’s underlying RC profit was $7.74bn and during Q2 2024 the energy major reported underlying RC profit of $2.75bn. ...

What was bp upstream production in Q3 2024?

The upstream production for BP in Q3 2024 was 2.4mmboe/d. (Credit: Kristina Kasputienė from Pixabay) BP has reported a net profit attributable to shareholders of $206m for the third quarter of 2024 (Q3 2024), a decline of 95.8% from the $4.86bn reported in the same period last year. In the previous quarter, Q2 2024, BP recorded a loss of $129m. ...

What was the underlying result in the second quarter 2024?

Compared with the second quarter 2024, the underlying result reflects weaker realized refining margins, a weak oil trading result and lower liquids realizations, partly offset by higher gas realizations. The gas marketing and trading result was average. The underlying effective tax rate (ETR)* in the quarter was 42%. ...

How did gas marketing & trading perform in Q2 2024?

The gas marketing and trading result was average. The underlying effective tax rate (ETR)* in the quarter was 42%. Reported profit for the quarter was $0.2 billion, compared with a loss of $0.1 billion for the second quarter 2024. ...

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