BP – Higher Prices Fuel An Improved Dividend And New Buyback Scheme

This article was originally published on ValueWalk

BP Energy Crisis Electric Power Grid energy prices

BP plc (LON:BP)’s total second quarter revenue was 85% higher than last year to $69.5bn, driven by growth across all segments. That includes the benefit of higher energy prices. Underlying profit rose from $2.8bn to $8.5bn. The group announce a dividend of 6.006 cents per share, 10% higher than last year. During the quarter, $2.3bn […]