Why Did BP Stock Surge Today? Q1 Results Rout Estimates, Buyback Plan Beefed-up

seekingalpha2022-05-04

BP (NYSE:BP) soared 8% in Tuesday's trading after Q1 results soundly beat analyst estimates, helped by what the company called "exceptional" results in oil and gas trading as well as a pledge to buy ...

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Comments

pancherry
2022-05-04
pancherry
Ok
huathuatlai
2022-05-04
huathuatlai
Tot shd drop
PBL77
2022-05-04
PBL77
Ok
Mindthink
2022-05-04
Mindthink
Ok
Chitz
2022-05-04
Chitz
Like
phongy 45
2022-05-04
phongy 45
Awesome

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Q1 Results Rout Estimates, Buyback Plan Beefed-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-04 07:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3831687-why-did-bp-stock-surge-today-q1-results-rout-estimates-buyback-plan-beefed-up><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BP (NYSE:BP) soared 8% in Tuesday's trading after Q1 results soundly beat analyst estimates, helped by what the company called \"exceptional\" results in oil and gas trading as well as a pledge to buy ...</p>\n\n<a href=\"https://seekingalpha.com/news/3831687-why-did-bp-stock-surge-today-q1-results-rout-estimates-buyback-plan-beefed-up\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4201","symbol_name":"综合性石油与天然气企业","start_time":0,"source_url":"https://seekingalpha.com/news/3831687-why-did-bp-stock-surge-today-q1-results-rout-estimates-buyback-plan-beefed-up","article_id":"2232979020","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2232979020","pubTimestamp":1651621905,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"BP (NYSE:BP) soared 8% in Tuesday's trading after Q1 results soundly beat analyst estimates, helped ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4201":"综合性石油与天然气企业","BP":"英国石油"},"translate_title":"英国石油公司股票为何今天大涨？第一季度业绩溃败估计，回购计划加强","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BP":1},"content_text":"BP (NYSE:BP) soared 8% in Tuesday's trading after Q1 results soundly beat analyst estimates, helped by what the company called \"exceptional\" results in oil and gas trading as well as a pledge to buy back another $2.5B of its shares in addition to $1.6B in buybacks made during Q1.BP's (BP) spending discipline and a financial framework led by deep surplus cash flow will drive further easing of net debt and suggests comfortable capacity for sustained repurchases and potentially further dividend upside later this year, Bloomberg energy analyst Will Hares said.Earnings and cash flow both beat consensus, J.P. 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