BP plc 2Q 2014 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for BP plc (BP) second-quarter results, based on a poll of 14 analysts conducted by Dow Jones Newswires (figures in million dollars, EPS and DPS in cents, target price in pence, production in kboe/d, according to IFRS). Earnings figures are scheduled to be released July 29.

=== 
                            RC net 
                  RC oper.  attrib.  Production 
2nd Quarter        profit   Profit     (kboe/d)    EPS 
AVERAGE             5,642    3,471        2,075   19.2 
Prev. Year          5,398    2,712        2,241   14.3 
+/- in %             +4.5      +28         -7.4    +35 
 
MEDIAN              5,649    3,472        2,070   19.0 
Maximum             6,266    4,210        2,114   23.0 
Minimum             5,031    3,030        2,030   16.5 
Amount (a)             12       14           13      9 
 
Barclays               --    3,238        2,065     -- 
Bernstein           5,416    3,499        2,099     -- 
Citigroup              --    4,210           --   23.0 
Credit Suisse       5,743    3,646        2,098   20.0 
Deutsche Bank       6,266    3,645        2,069   19.9 
J.P. Morgan         6,097    3,669        2,081   20.0 
Jefferies           5,710    3,490        2,056   19.0 
Kepler Cheuvreux    5,415    3,566        2,072     -- 
Natixis             5,677    3,330        2,059     -- 
Oppenheimer         5,809    3,453        2,069   18.8 
Raymond James       5,492    3,248        2,114     -- 
Santander           5,620    3,328        2,030   18.1 
Societe Generale    5,031    3,030        2,087   16.5 
 
 
                 Exploration &     Refining & 
2nd Quarter       Production      Marketing 
AVERAGE                4,278          1,080 
Prev. Year             4,288          1,201 
+/- in %                -0.2            -10 
 
MEDIAN                 4,332          1,083 
Maximum                4,544          1,444 
Minimum                3,958            767 
Amount (a)                11             11 
 
Bernstein              4,021            969 
Deutsche Bank          4,544          1,444 
J.P. Morgan            4,439          1,141 
Jefferies              4,374          1,067 
Kepler Cheuvreux       4,333            913 
Natixis                4,332          1,083 
Oppenheimer            4,488          1,239 
Raymond James          4,223            869 
Santander              4,183          1,241 
Societe Generale       3,958            767 
 
 
          Target price    Rating                   DPS 2014 
 
AVERAGE            553    positive 4   AVERAGE         39.9 
Prev. Quarter      530    neutral  4   Prev. Year      36.5 
+/- in %          +4.4    negative 1   +/- in %        +9.2 
 
MEDIAN             548                 MEDIAN          40.0 
Maximum            600                 Maximum         40.0 
Minimum            505                 Minimum         39.5 
Amount               8                 Amount             4 
 
Barclays           600    Underweight                    -- 
Credit Suisse      505    Neutral                      39.5 
Deutsche Bank      550    Hold                         40.0 
Jefferies          570    Buy                            -- 
Kepler Cheuvreux   545    Buy                          40.0 
Natixis            540    Neutral                        -- 
Oppenheimer         --    Outperform                     -- 
Santander          575    Hold                           -- 
Societe Generale   540    Buy                          40.0 
=== 

Year-earlier figures by the company - replacement cost, underlying.

(a) Including anonymous estimates from one more analyst.

DJG/err/mus 

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