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BP Expects Profit Boosted By Higher Oil, Gas Production

By Christian Moess Laursen

 

BP expects a boost to its first-quarter underlying replacement-cost profit--a metric similar to net income used by U.S. oil companies--from higher upstream and oil production, as well as a slightly higher output of gas and low carbon energy, compared with the preceding quarter.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

April 09, 2024 02:28 ET (06:28 GMT)

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