Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

TNK-BP Q4 Profit Rises - Quick Facts

RELATED NEWS
Trade BP now with 
2/29/2012 3:41 AM ET

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
Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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.