BP PLC

BP.: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 419.00	Lshg	Tfrqjtddd

BP Reports Strong Q2 Earnings and More Debt Reduction; Boosts Shareholder Payout; Hikes Dividend 10%

Allen Good

Aug 2, 2022

Following the trend of peers who have already reported, BP's second-quarter adjusted earnings exceeded market expectations at $8.5 billion compared with $2.8 billion a year ago largely on higher commodity prices and strong refining margins.

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