BP beats first-quarter estimates on stronger commodity prices, improving oil demand

10
2
Favorite

BP beats first-quarter estimates on stronger commodity prices, improving oil demand

CNBC2021-04-27

British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter, following a period of stronger commodity prices and a brighter demand outlook. It comes as oil and...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

SherylS
·2021-04-27
Great
Reply
2
Report
MdNasir
·2021-04-27
Solar ia the way.
Reply
Like
Report
Fold Replies
- JoeK:
  ev and solar
  2021-04-27
  Reply
  Report
- Swetash:
  Yup
  2021-04-27
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1122721874?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-27 14:19","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1122721874","market":"us","top_or_hot":-1,"title":"BP beats first-quarter estimates on stronger commodity prices, improving oil demand","media":"CNBC","content":"<div>\n<p>British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter, following a period of stronger commodity prices and a brighter demand outlook.\nIt comes as oil and...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/27/bp-earnings-q1-2021.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BP beats first-quarter estimates on stronger commodity prices, improving oil demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBP beats first-quarter estimates on stronger commodity prices, improving oil demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-27 14:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/27/bp-earnings-q1-2021.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter, following a period of stronger commodity prices and a brighter demand outlook.\nIt comes as oil and...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/27/bp-earnings-q1-2021.html\">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":"BP","symbol_name":"英国石油","start_time":0,"source_url":"https://www.cnbc.com/2021/04/27/bp-earnings-q1-2021.html","article_id":"1122721874","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/04/27/bp-earnings-q1-2021.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1122721874","pubTimestamp":1619504360,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BP":"英国石油"},"translate_title":"英国石油公司公布第一季度预期，大宗商品价格走强，石油需求改善","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BP":0.9},"content_text":"British energy major BP on Tuesday reported stronger-than-anticipated earnings for the first quarter, following a period of stronger commodity prices and a brighter demand outlook.\nIt comes as oil and gas majors seek to prove to investors that they have gained a more stable footing amid the ongoing coronavirus crisis.\nBP’s first-quarter underlying replacement cost profit, used as a proxy for net profit, came in at $2.6billion. That compared with a profit of $115 million in the fourth quarter and $791 million for the first quarter of 2020.\nAnalysts at Refinitiv had expected BP to report first-quarter profit of $1.4 billion.\nShares of BP are up more than 16% year-to-date.\nThe oil and gas industry was sent into a tailspin last year as the Covid-19 pandemic coincided with a historic demand shock, plunging commodity prices, evaporating profits, unprecedented write-downs and tens of thousands of job cuts.\nBP reported its first full-year net loss in a decade in 2020 as the global health crisis took a heavy toll on its business operations, with CEO Bernard Looney describing the 12-month period as the “toughest” of his career.\n‘Lingering concerns’\nThe energy company had previously warned of a tough start to 2021, with widespread travel restrictions still in place, but Looney suggested the rollout of Covid vaccines should help to improve investor sentiment.\nOil prices have climbed around 25% since the start of the year, supported by the rollout of Covid vaccines and an improving economic outlook.\nMore recently, soaring Covid infections in India and an expected supply increase from producer group OPEC+ have added downward pressure to oil prices.\nInternational benchmark Brent crude futures traded at $66.24 a barrel on Tuesday morning, up around 0.9% for the session, while U.S.West Texas Intermediate futures stood at $62.47, more than 0.9% higher.\nEarlier this month, the International Energy Agency upgraded its oil demand forecast for 2021, saying market fundamentals appeared “decidedly stronger” when compared with April last year.\nThe Paris-based energy agency tempered its optimism for the year ahead, however, warning that “lingering concerns” persist over the strength of the demand recovery.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":377114285,"gmtCreate":1619505019547,"gmtModify":1704725065523,"author":{"id":"3582593597304970","authorId":"3582593597304970","name":"SherylS","avatar":"https://static.tigerbbs.com/dc7898dad90842fdd0e63f66f59ab682","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582593597304970","idStr":"3582593597304970"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377114285","repostId":1122721874,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377111732,"gmtCreate":1619504534026,"gmtModify":1704725058896,"author":{"id":"3571373255567067","authorId":"3571373255567067","name":"MdNasir","avatar":"https://static.tigerbbs.com/7f710cb4dfa7ce6c2ad0e54d32ba876c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"authorIdStr":"3571373255567067","idStr":"3571373255567067"},"htmlText":"Solar ia the way.","listText":"Solar ia the way.","text":"Solar ia the way.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/377111732","repostId":1122721874,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4147591,"gmtCreate":1619504872276,"gmtModify":1680785817348,"authorId":3575261937306050,"author":{"id":3575261937306050,"idStr":"3575261937306050","authorId":3575261937306050,"name":"JoeK","avatar":"https://static.tigerbbs.com/162445e8b6a553bd412b8a06e3f44c9e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377111732,"type":1,"supId":4147576,"prevId":0,"content":"ev and <u>solar</u>","text":"ev and <u>solar</u>","html":"ev and <u>solar</u>"},{"id":4147576,"gmtCreate":1619504712516,"gmtModify":1680785814872,"authorId":3582066628041538,"author":{"id":3582066628041538,"idStr":"3582066628041538","authorId":3582066628041538,"name":"Swetash","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377111732,"type":1,"supId":0,"prevId":0,"content":"Yup","text":"Yup","html":"Yup"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":10,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}