BP posts record 2022 earnings to join Big Oil profit bonanza

ایران اخبار اخبار

BP posts record 2022 earnings to join Big Oil profit bonanza
ایران آخرین اخبار,ایران سرفصلها

Oil major BP's record annual profits follow bumper earnings from energy giants Shell, Exxon Mobil and Chevron.

BP posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion for 2022. That compared with $12.8 billion for the previous year.

The British energy giant posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion for 2022. That compared withAnalysts polled by Refinitiv had expected net profit of $27.6 billion for full-year 2022. BP said its previous annual profit record was $26.3 billion in 2008.

BP announced a further $2.75 billion share buyback, which it expects to complete prior to announcing its first-quarter 2023 results in early May. It also boosted its dividend by 10% to 6.61 cents per ordinary share.Speaking to CNBC's "Squawk Box Europe" Tuesday, BP CEO Bernard Looney described the earnings as a "good set of results."

 

What does BP stand for?

Woow..☆☆☆

The oil giants are the winners of 2022

Yup

ایران آخرین اخبار, ایران سرفصلها

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