Tougher market conditions could trip the oil major up
Thursday 31 Jan 2019 Author: Tom Sieber
Oil major BP ( BP. ) has a proud track record to uphold when it reports fourth quarter and full year results on 5 February. Every other set of quarterly figures for 2018 saw the £99bn market cap beat expectations. In the third quarter replacement cost profit, an industry standard measure of income, came in at $3.8bn against the consensus forecast for $2.85bn. It was also a positive story...