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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bp Plc | LSE:BP. | London | Ordinary Share | GB0007980591 | $0.25 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.40 | -1.05% | 510.40 | 509.40 | 509.50 | 516.60 | 506.10 | 516.30 | 26,147,354 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.70 | 86.91B |
LONDON-- BP PLC on Tuesday reported a fall in first-quarter profit from a year earlier, giving the first glimpse of how low oil prices through the beginning of 2015 affected the world's biggest oil companies.
BP's replacement-cost profit--a number similar to the net income that U.S. oil companies report--was $2.1 billion, down from $3.48 billion a year earlier. Revenue fell to $54.9 billion from $75.1 billion from a year earlier.
Production for the quarter was 8.3% higher than the first quarter of 2014.
"Looking ahead, we expect second-quarter 2015 reported production to be lower than the first quarter, reflecting significant seasonal turnaround and maintenance activity," the company said.
Write to Justin Scheck at justin.scheck@wsj.com and Rory Gallivan at rory.gallivan@wsj.com
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