BP (BP) has released an update.
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.
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