logo
Share SHARE
FONT-SIZE Plus   Neg

BG Group Q4 Profit Jumps - Quick Facts

BG Group plc (BG.L, BRGYY.PK) Thursday posted a fourth-quarter attributable profit of $1.34 billion, or $0.39 per share, compared to $940 million, or $0.28 per share a year ago. Business performance profit from continuing operations was $1.49 billion, or $0.43 per share, this year and $1.10 billion, or $0.31 per share, in 2010.

Group revenue for the period jumped to $5.77 billion from $4.32 billion, with exploration and production revenues rising to $2.84 billion from $2.28 billion, and liquefied natural gas revenues surging to $2.41 billion from $1.45 billion.

The company's Board has also proposed a final dividend of 12.96 cents per share, above the prior-year final dividend of 11.78 cents per share, payable on May 25, 2012, to shareholders on the books as of April 13, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Electric car maker Tesla's Chief Elon Musk confirmed that there will be no discount on new cars. Through several tweets and an email addressing its employees, Musk said, "It is absolutely vital that we adhere to the no negotiation and no discount policy that has been true since we first started taking orders 10 years ago." Shares of National Beverage Corp. fell about 15 percent on Wednesday after short selling firm Glaucus Research Group has said it is shorting the soft-drink maker and accused the company of manipulating earnings. In a research report, Glaucus alleged that National Beverage achieved its "remarkable history of financial performance in part by manipulating earnings." Canadian pipeline operator Enbridge Inc. said it has agreed to sell its liquids pipeline assets in the South Prairie Region, including the Saskatchewan pipeline system, to privately-held midstream company Tundra Energy Marketing Ltd. for C$1.075 billion in cash.
comments powered by Disqus
Follow RTT