Tuesday, October 31, 2017

BP Q3 Underlying RC Profit Tops Estimates; Plans Share Buyback

Shares of BP Plc were gaining around 4 percent in the morning trading in London after the British energy giant reported Tuesday higher underlying replacement cost profit in its third quarter, above market estimates. The results were benefited by Downstream underlying earnings, which were the highest for five years, despite weak upstream results. BP said it will recommence a share buyback programme

from RTT - Earnings http://ift.tt/2lulyJb
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