tiprankstipranks
BP Forecasts Mixed Q3 2024 Financials
Company Announcements

BP Forecasts Mixed Q3 2024 Financials

BP (BP) has released an update.

Pick the best stocks and maximize your portfolio:

BP p.l.c. has released its trading statement for Q3 2024, revealing expectations of flat upstream production compared to the previous quarter, and mixed financial impacts due to varying segment performances and weaker realized refining margins. The company anticipates an increase in net debt by quarter’s end, largely attributable to the refining margin and the deferral of divestment proceeds. BP’s full third quarter results will be published on October 29, 2024.

For further insights into BP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyTrump Trade: Federal funding plan endorsed by Trump fails
TheFlyTrump tells EU to buy more US oil, gas or face tariffs, FT reports
TipRanks Auto-Generated NewsdeskBP Adjusts Share Capital and Voting Rights with Employee Share Distribution
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App