(Bloomberg) -- BP Plc, Europe's second-largest oil
company, reported better-than-expected earnings in the second
quarter, boosted by record gasoline prices.
Net income rose 1.5 percent to $7.38 billion, or 38 cents a
share, from $7.27 billion, or 36 cents, in the year-earlier
period, the London-based company said today. Earnings benefited
from the sale of a U.K. refinery. Profit excluding one-time
items and inventory changes beat estimates for the first time in
a year.
Read more at Bloomberg Energy News
company, reported better-than-expected earnings in the second
quarter, boosted by record gasoline prices.
Net income rose 1.5 percent to $7.38 billion, or 38 cents a
share, from $7.27 billion, or 36 cents, in the year-earlier
period, the London-based company said today. Earnings benefited
from the sale of a U.K. refinery. Profit excluding one-time
items and inventory changes beat estimates for the first time in
a year.
Read more at Bloomberg Energy News
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