BP plc 1Q 2016 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for BP plc (BP) first-quarter results, based on a poll of seven analysts conducted by Dow Jones Newswires (figures in million dollars, target price in pence, production in kboe/d, according to IFRS). Earnings figures are scheduled to be released April 26.

=== 
                           RC net 
                 RC oper.  attrib.  Production 
1st Quarter       profit   Profit     (kboe/d) 
AVERAGE              -50     -317        2,332 
Prev. Year         2,526    2,577        2,307 
+/- in %            -102     -112         +1.1 
Prev. Quarter        491      196        2,369 
+/- in %            -110     -262         -1.6 
 
MEDIAN               -68     -244        2,351 
Maximum              345     -187        2,367 
Minimum             -344     -558        2,242 
Amount(a)              6        7            5 
 
Canaccord             --     -200        2,242 
Deutsche Bank       -228     -387        2,348 
Jefferies           -265     -442        2,351 
Morgan Stanley        93     -187           -- 
Santander           -344     -558        2,367 
Societe Generale      97     -200        2,351 
 
               Exploration &     Refining & 
1st Quarter       Production      Marketing 
AVERAGE                 -919            968 
Prev. Year               604          2,158 
+/- in %                -252            -55 
Prev. Quarter           -728          1,218 
+/- in %                  --            -21 
 
MEDIAN                  -994            962 
Maximum                 -500          1,174 
Minimum               -1,155            600 
Amount(a)                  7              7 
 
Canaccord               -500            600 
Deutsche Bank         -1,083            960 
Jefferies             -1,155            962 
Morgan Stanley          -925          1,138 
Santander             -1,118            901 
Societe Generale        -994          1,174 
 
            Target price  Rating 
AVERAGE              406  positive 4 
Prev. Quarter        376  neutral  2 
+/- in %            +7.9  negative 0 
 
MEDIAN               408 
Maximum              460 
Minimum              340 
Amount                 6 
 
Canaccord            420  Buy 
Deutsche Bank        460  Buy 
Jefferies            340  Hold 
JP Morgan            400  Overweight 
Santander            405  Hold 
Societe Generale     410  Buy 
=== 

Year-earlier figures are as reported by the company. Replacement Cost, underlying

(a) Including estimates from analysts who want to remain anonymous.

DJG/err 

(END) Dow Jones Newswires

April 25, 2016 07:42 ET (11:42 GMT)

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