BP: Production and sales up in Q1 2024
BP forecasts higher production and robust oil and gas sales for the first quarter, with financial results due on May 7.
| Countries | Royaume-Uni, Israël |
|---|---|
| Companies | BP, Shell |
| Sector | Gaz, Pétrole, Gaz naturel |
| Theme | Marchés & Finance, Résultat |
BP forecasts that first-quarter hydrocarbon production will outperform the previous quarter, with notable gains in oil production and a slight increase in gas and low-carbon energy. Gas sales should remain strong, underpinning the good result already achieved in the fourth quarter of 2023. At the same time, BP’s oil sales recovered from a weaker end to 2023, signalling a potential turnaround in this segment.
Comments
Sign in to leave a comment.