BP Profit Beats Despite 19% Decline on Lower Oil

BP Profit Beats Despite 19% Decline on Lower Oil

Assessment

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Business, Social Studies, Biology

University

Hard

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BP's third quarter profit declined by 19% due to lower oil prices and reduced production. Despite this, BP exceeded analysts' expectations and showed strong cash flow and controlled capital expenditure. The company increased its dividend, but faces challenges with Gulf of Mexico liabilities and reduced contributions from Russian investments.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage decline in BP's third quarter profit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the earnings for BP a year ago for the quarter?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the target cash flow for BP for the year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What dividend did BP raise to per share?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the contribution of BP's stake in Russia to their bottom line last year compared to this year?

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