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BP BP Plc

38.71
0.04 (0.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.04 0.10% 38.71 38.74 38.11 38.48 8,071,028 01:00:00

BP Upstream CEO Sells Around GBP2 Million in Shares

02/05/2019 10:24am

Dow Jones News


BP (NYSE:BP)
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By Oliver Griffin

 

BP PLC (BP.LN) on Thursday said that Bernard Looney, the chief executive of its upstream business, has sold around 2 million pounds ($2.6 million) worth of shares.

The British oil giant said Mr. Looney sold 347,630 shares at 559.60 pence each.

On Tuesday, BP posted an 8.8% fall in first-quarter underlying replacement cost profit--a figure that is similar to the net profit figure U.S. oil companies use and which strips out one-off items. However, at $2.4 billion, the profit figure still beat a company-compiled consensus of $2.3 billion.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

May 02, 2019 05:09 ET (09:09 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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