Second-quarter profits of $8.451 billion (£6.93 billion), up from $6.245 billion, were the second-highest in the oil major's history and were earned at the rate of around £900 per second.
BP also gave investors a 10% rise in the quarterly dividend to 6.006 cents and plans for a $3.5 billion share buyback.
Amid the rush of good news shareholders shrugged off concerns that the vast scale of the returns will ramp up public pressure on the Government to take further action against the sector beyond the existing windfall tax.
In early trading BP was the highest riser in the FTSE 100 with its shares up around 4%, adding more than £3 billion to the value of the business.
Bu hikaye Evening Standard dergisinin August 02, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Evening Standard dergisinin August 02, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
TEN HAG'S FINAL CHANCE AS RATCLIFFE PREPARES FOR SUMMER OF CHANGE
IF LAST season’s all-Manchester FA Cup Final felt like part of a beginning for Erik ten Hag and United, tomorrow’s re-match is surely an ending.
Glasner makes the most of Freedman's eye for talent
Huge Palace boost as sporting director agrees to stay at Selhurst
McKenna can pick next step as rivals battle for his services
Chelsea, United and Brighton target boss
Close friendship likely to be tested as Norris takes the fight to Verstappen
FROM title rivals to doubles partners: for a brief moment this week, Max Verstappen and Lando Norris found themselves on the same team.
Can Nadal and Murray summon up final feats on clay?
Time ticking for ex-world Nols as they head to French Open
Hannah saddles up for a 100-mile solo RideLondon record bid
A SPECIAL Olympics athlete is targeting a world record as she takes on a 100-mile cycle challenge through London and Essex as part of the “world’s greatest festival of cycling” this weekend.
Miller's fabulous heroine rides again to that relentless revving
FOLLOWING 2015’s spectacular Fury Road, George Miller returns to the Mad Max franchise, this time telling the origin story of Furiosa (played by Charlize Theron in the previous film).
This isn't just any gusset anxiety, this is M&S gusset anxiety and it's at an end.
IN January 2008, Jeremy Paxman wrote an angry letter to then Marks & Spencer boss Sir Stuart Rose about the state of his pants.
One of London's most beautiful sights is fading
WHAT is the one image most identified with London? If you’ve lived here long enough chances are it’s neither Big Ben nor Buckingham Palace.
Get ready for memories to treasure and adventures for all the family
There's so much wonder in store at Disneyland Paris this summer for not only little ones but also for the young at heart
