Wednesday 22 October 2014

BP pic- Petroleum Industry Company Actual Profit Value

proxy season insider bp plc


> Net profit from cont. Operations: $23.50 Billion.


> Country: UK


> Industry: Integrated oil and gas


> Revenue: $379.6 billion


BP was the third most profitable energy company within the world, with over $23 billion in profits from continued operations. This was despite the actual fact that the Gulf of Mexico oil spill continuing to weigh down its gain. Charges related to the spill down all-time low line by $396 million, though this was down from charges of just about $5 billion in 2012. Last year, BP additionally recorded a gain of $12.5 billion on the sale of its five0% stake in TNK-BP. Such gains are hardly one-time events for the corporate, that has recorded billions in gains from such sales in every of its last 3 commercial enterprise years. Reciprocally for commercialism TNK-BP to Rosneft, BP additionally grew its stake within the Russian oil large to just about 2 hundredth. Rosneft is additionally one in all the foremost profitable firms within the world.


BP



BP pic- Petroleum Industry Company Actual Profit Value

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