BP Reports Rise In Q4 Profit, Lifts Dividend


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


BP PLC (NYSE: BP) reported a 14% surge in its Q4 adjusted net profit and announced its plans to lift the dividend. BP would lift its dividend by 14% to 8 cents a share.BP's clean replacement cost profit surged 14% to $4.99 billion, versus $4.36 billion in the year-ago quarter, and versus analysts' expectations of $4.88 billion. BP's quarterly net profit surged to $7.69 billion, from $5.57 billion, in the year-ago quarter. Its total revenue climbed to $96.34 billion from $83.99 billion. BP's diluted earnings per share came in at 39.99 cents, up from 29.28 cents the previous year. BP shares dropped 1.11% to $46.35 in pre-market trading.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsNewsDividendsEarnings