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reported a decline in its profit for the first quarter.
BG's quarterly profit slipped 78 percent to $240 million, from $1.11 billion, in the year-ago period. EPS shrank 51 percent to 16.1 cents.
Its revenue declined 23 percent to $3.82 billion from $4.98 billion.
Its production rose 1 percent to 638,000 barrels of oil equivalent a day.
For the year, the company expects production of 650,000 to 690,000 barrels of oil equivalent a day.
BG Group shares fell 1.10 percent to close at $18.06 yesterday.
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