News
04 February 2020

BP boosts dividend as profits slump on weak oil, gas prices

In:
Oil & gas
Region:
Europe

BP has boosted its dividend payout after a 26% drop in fourth-quarter profit on lower oil and gas prices which still beat forecasts. The London-based company reported $2.57 billion in fourth-quarter underlying replacement cost profit - its definition of net income - exceeding forecasts of $2.1...

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