Recap: BP Q4 Earnings

Shares of BP BP fell 4.0% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 96.05% year over year to $0.03, which missed the estimate of $0.08.

Revenue of $44,789,000,000 decreased by 37.01% from the same period last year, which missed the estimate of $46,610,000,000.

Outlook

BP hasn't issued any earnings guidance for the time being.

BP hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Feb 02, 2021

Time: 04:00 AM

ET Webcast URL: https://www.bp.com/en/global/corporate/investors/results-and-reporting/quarterly-results-and-webcast.html

Recent Stock Performance

Company's 52-week high was at $37.78

Company's 52-week low was at $14.74

Price action over last quarter: Up 43.02%

Company Profile

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.3 million barrels of liquids and 9.5 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft. At year-end 2019, reserves stood at 19.3 billion barrels of oil equivalent, 59% of which are liquids. The company operates refineries with a capacity of 1.9 million barrels of oil per day.