BP Ord Shs BPAQF

Energy Oil & Gas Integrated

BP p.l.c. provides energy products and services to its customers. The Company's segments include gas & low carbon energy, oil production & operations and customers & products. The gas & low carbon energy segment comprises its gas & low carbon businesses. Its gas business includes regions with upstream activities that predominantly produce natural gas, integrated gas and power, and gas trading. Its low carbon business includes solar, offshore and onshore wind, hydrogen and CCS, power trading, and its share in bp Bunge Bioenergia. Its oil production & operations segment comprises regions with upstream activities that predominantly produce crude oil, including bpx energy. The customers & products segment comprises its customer-focused businesses, which include convenience and retail fuels, electric vehicle charging, as well as Castrol, aviation and business-to-business and midstream. It also includes its products businesses, refining & oil trading, as well as its bioenergy businesses.

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BP Ord Shs

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Post by 1Derrickon Apr 28, 2015 7:02am

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Post# 23670597

BP Q1-2015 Profit Falls 20%

BP reported a 20% YoY fall in Q1-2015 underlying replacement cost profit to $2.6 billion, hurt by reduced profits from upstream operations. Gross profit from upstream segment fell 86% YoY to $604 million. A $1.1 billion profit from non-US upstream operations was offset by a $545 million loss in US upstream operations.

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