BP Stock Drops After Company Warns of Impairments of Up

21 hours ago · BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter.

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BP Stock Drops After Company Warns Of Impairments Of Up

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21 hours ago · BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter.

investopedia.com

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BP Shares Plummet On $2 Billion Impairment Warning - Yahoo …

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Jul 9, 2024 · BP shares fall sharply after the company warns of a potential $2 billion impairment charge and lower refining margins, impacting its Q2 results. ... it was expected to post an …

yahoo.com

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BP Shares Plummet On $2 Billion Impairment Warning

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Jul 9, 2024 · Shares in BP fell by as much as four percent this morning after it warned it was expected to post an impairment of up to $2bn (1.6bn) and was operating under “significantly” …

businessinsider.com

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BP Expects To Book Up To $2 Billion In Charges, Sees ... - Morningstar

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1 day ago · BP said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth-quarter while upstream production is expected to fall. The British oil-and-gas giant said on …

morningstar.com

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BP Shares Plummet On $2 Billion Impairment Warning

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Jul 9, 2024 · BP shares fall sharply after the company warns of a potential $2 billion impairment charge and lower refining margins, impacting its Q2 results. ... was expected to post an …

oilprice.com

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BP Slides After Projecting Up To $2B In Q2 Impairment Charges

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Jul 9, 2024 · BP ADRs slipped in premarket trading Tuesday after the energy giant said that it expects lower refining margins and an impairment charge of up to $2 billion will impact its …

investopedia.com

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UK Stocks: BP Shares Fall On $2 Billion Impairment Warning

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Jul 9, 2024 · In key news on UK stocks, BP PLC (GB:BP) shares fell by nearly 4% after the oil and gas giant warned of up to $2 billion of impairment charges in its second-quarter trading …

nasdaq.com

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BP Warns Of Fourth-quarter Profit Hit, Postpones Capital Markets …

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1 day ago · BP said a drop in refining margins and the impact of turnaround and maintenance activity would result in an up to $300 million drop in profit quarter-on-quarter.

reuters.com

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BP Shares Drop 4.3% After Warning Of Up To $2 Billion Impairment …

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BP shares dropped 4.3% on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining margins weighing on its results.

msn.com

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BP Stock Falls 3.9% After Warning Of Weak Q2 Results And $2B …

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Jan 6, 2025 · BP (NYSE: BP) stock took a significant hit on Tuesday after the energy giant issued a warning about its second-quarter results. The company revealed that lower refining margins …

thefinancialanalyst.net

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BP Delays Investor Day After CEO's Medical Procedure, Sees Lower …

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20 hours ago · BP (NYSE:BP) -1.3% pre-market Tuesday after saying Q4 results will be hurt by lower oil and gas production, refining margins and trading, while also delaying its investor day …

seekingalpha.com

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BP To Book Up To $2 Billion Impairment, Warns Of Lower

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Jul 9, 2024 · By Christian Moess Laursen . BP expects to book an impairment of up to $2 billion for the second quarter, and warned that its oil-trading earnings will take a hit of up to $700 …

morningstar.com

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BP To Book Up To $2 Billion Impairment, Warns Of Lower

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Jul 9, 2024 · Oil production will be stable on quarter, while gas and low-carbon energy production is set to fall slightly, BP said. The announced impairments comes after its London rival Shell …

morningstar.com

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BP Stock Plunges As Company Warns Of $1-2 Billion Impairments …

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20 hours ago · The impairments and weaker margins could indicate that BP is facing challenges in its operations and may struggle to maintain its dividend payouts. In conclusion, BP's stock is …

ainvest.com

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BP Reveals Boss Recovering After Medical Procedure As It Signals …

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1 day ago · The group also said it expects impairments of up to two billion US dollars (£1.6 billion) and higher-than-forecast annual charges of around 600 million US dollars (£491 million) in its …

independent.co.uk

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BP To Book Up To $2 Billion Impairment, Warns Of Lower Refining …

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The oil company said weak oil trading and lower refining margins would hurt earnings. The warning echoes a similar message from Exxon Mobil. ... BP to Book Up to $2 Billion …

msn.com

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BP Shares Drop Following Profit Warning And Significant Impairment.

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Jul 9, 2024 · BP shares drop on Tuesday after the energy giant announced lower refining margins and an expected impairment of up to $2 billion for the second quarter. BP shares drop. By …

efimarkets.com

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BP Shares Drop 3% After Warning Of Up To $2 Billion Impairment, …

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Jul 9, 2024 · BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower

morningstrong.com

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BP To Book Up To $2 Billion Impairment, Warns Of Lower

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Jul 9, 2024 · BP expects to book an impairment of up to $2 billion for the second quarter, and warned that its oil-trading result will take a hit of up to $700 million from lower refining margins.

morningstar.com

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BP Shares Drop 3% After Warning Of As A Lot As $2 Billion …

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Jul 9, 2024 · BP in 2020 build out its ambition to change into a catch zero company "by 2050 or sooner."Matt Cardy | Getty Photos Files | Getty PhotosBP shares dropped on Tuesday after …

businessline.global

FAQs about BP Stock Drops After Company Warns of Impairments of Up Coupon?

Why did BP shares drop 3%?

BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining margins weighing on its results. BP shares dropped 3% in early market trading at 08:18 a.m. London time. ...

Why did BP stock fall 4 percent This Morning?

Shares in BP fell by as much as four percent this morning after it warned it was expected to post an impairment of up to $2bn (1.6bn) and was operating under “significantly” lower refining margins. ...

Why did BP stock crash Tuesday?

Investing.com - BP (NYSE:BP) stock slumped Tuesday after the energy giant warned that its second-quarter results will be hit by lower refining margins and it also expects to post an impairment of up to $2 billion. At 06:30 ET (10:30 GMT), BP shares fell 3.9% to 455.98 pence. ...

Will BP post a $2 billion impairment in the second quarter?

BP on Tuesday said it expects to post an impairment of up to $2 billion in the second quarter, also warning of lower refining margins. ...

What happened to BP shares in early market trading?

BP shares were down 3.5 percent in early market trading at 9 30am BST. In a trading update published this morning, the company said upstream production was flat compared to the prior quarter, and realised oil prices had a favourable impact on its bottom line. ...

Will BP's oil-trading result fall on Q2?

BP expects to book an impairment of up to $2.0 billion, hitting its second-quarter results, while its oil-trading result is set to fall on quarter. ...