• 11/29/2024

BP Misses Forecasts But Starts Buyback

Wall Street Journal

BP posted a sharply lower replacement-cost profit of $2.6 billion in the second quarter, hit by weaker oil-and-gas trading, and launched a $1.5 billion buyback program.

https://www.wsj.com/articles/bp-2q-profit-dropped-on-lower-prices-raises-dividend-launches-1-5-bln-buyback-cd20bb3