Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

TNK-BP Q4 Profit Rises - Quick Facts

RELATED NEWS
Trade BP now with 

TNK-BP (TNBP.ME, TNKBF.PK) Wednesday reported a rise in fourth-quarter profit to $2.17 billion from last year's $1.93 billion. EBITDA for the quarter was $3.61 billion compared to the year-ago $3.16 billion.

Revenues for the three-months were $15.70 billion, jumping from $12.50 billion in 2010, thanks to Urals price increasing by 27 percent and a growth in production of 4.3 percent. Total oil and gas production in Russia was 2.00 billion boe/d this year and 1.96 billion boe/d in the prior-year.

Click here to receive FREE breaking news email alerts for BP Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Russia has agreed to resume gas supplies to Ukraine under a $4.6 billion dollar winter package, which will also secure gas for the European Union as the cold season approaches. The European Union has been mediating discussions to help find a sustainable solution to the dispute between Russia and Ukraine over gas pricing, supply and payment dues. After seven rounds of negotiations in recent months The Bank of Japan expanded its massive quantitative and qualitative easing unexpectedly as policymakers assessed it necessary to achieve the 2 percent inflation target even after a sales tax hike in April. In a 5-4 vote, the Policy Board led by Governor Haruhiko Kuroda decided to raise the monetary base at an annual pace of about JPY 80 trillion. LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.