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BP followed suit after Shell in raising projected refining margins for Q2 compared to the prior three-month period; however, ...
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Zacks Investment Research on MSNBig Oil's Q2 Outlook: Downstream Gains and Upstream Pains
The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...
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Zacks Investment Research on MSNBP's Q2 Results to Be Hit by Low Prices Despite Higher Production
BP plc BP expects higher oil and gas production for the second quarter of 2025 following its renewed approach to fossil fuels to increase profits, per Reuters. The company expects upstream production ...
On July 11, 2025, BP released its second quarter trading statement, indicating an expected increase in upstream production compared to the previous quarter, particularly in oil and gas operations. The ...
BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...
BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.
BP expects weak oil trading results for Q2 FY24 following a strong Q1 performance. BP projects a negative impact of $0.5 billion-$0.7 billion from lower refining margins due to weaker middle ...
BP has warned investors of a potential $3 billion impact on its Q2 results. This includes a $2 billion writedown related to scaling back operations at its Gelsenkirchen refinery in Germany. The ...
As BP and Shell prepare to announce their Q2 2024 earnings, ... CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. ... Finally, investors will be ...
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