BP plc (BP: Quote,BP_UN.TO: Quote,BP.L) posted second-quarter 2012 loss attributable to BP shareholders of $1.385 billion, versus a $5.72 billion profit last year, with replacement cost profit attributable to BP shareholders plummeting to $238 million from year-ago quarter's $5.41 billion.
On a per share basis, quarterly loss for the period totaled 7.29 cents, as against a profit of 30.27 cents in the previous year. Replacement cost profit per ordinary share dipped to 1.25 cents from 28.62 cents, and underlying replacement cost profit per share fell to 19.37 cents from 30.20 cents in the 2011 period.
Underlying replacement cost profit for the latest quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, lower than $5.7 billion for the same period in 2011.
Additionally, BP announced a dividend for the quarter of 8 cents per ordinary share.
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by RTT Staff Writer
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