bearish

BP PLC

[Earnings Preview] BP's Woes Continue: Weak Refining Margins to Squeeze Earnings

353 Views26 Jul 2024 23:37
BP faces continued challenges with lower refining margins and weak oil trading. It expects USD 1-2 billion in impairments but anticipates some relief from improved oil production realisations.
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  • Introduction
  • Q2 2024 Earnings Preview
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  • Q1 2024 Performance
  • Conclusion
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