BP Stock Drops After Company Warns of Impairments of Up to $2 …

1 day 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 To $2 …

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1 day 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 Expects To Book Up To $2 Billion In Charges, Sees Lower …

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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 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 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 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.

oilprice.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 To Book Up To $2 Billion Impairment, Warns Of Lower

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Jul 9, 2024  · The British energy major said Tuesday that it expects its second-quarter results to be hit by after-tax asset impairments and one-off contract provisions of between $1.0 billion and …

morningstar.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 weak oil trading and lower refining margins will hurt …

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

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BP BP 1.62 % increase; green up pointing triangle expects to book an impairment of up to $2 billion for the second quarter, and warned that weak oil trading and lower refining margins …

wsj.com

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

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Jul 9, 2024  · BP Joins Exxon in Warning About Refining Margins. BP, which expects to take an impairment charge between $1 billion and $2 billion related to a review of one of its German …

yahoo.com

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BP Warns Of Up To $2B Impairment, Lower Refining Margins In Q2; …

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BP (NYSE:BP) expects to book impairment charges of $1B-$2B for Q2, and warned of weak oil trading earnings amid "significantly lower" refining margins, sending its shares falling 3.8% in …

msn.com

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

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

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The announced impairments come after its London rival Shell last week warned of non-cash charges, also up to $2 billion, after pausing construction of a major biofuels plant in the …

msn.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 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

FAQs about BP Stock Drops After Company Warns of Impairments of Up to $2 … 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. ...

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. ...

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. ...

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. ...

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. ...

Why did BP ADRs slid in premarket trading Tuesday?

BP ADRs slid in premarket trading Tuesday after the energy giant said its second-quarter earnings will likely be impacted by lower refining margins. The company also expects to take an impairment charge of between $1 billion and $2 billion related to a review of one of its German refineries. ...

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