BP Expects Lower Upstream Production In 1Q25 Compared To 4Q24
ReutersApr 11, 2025 6:18 AM
April 11 (Reuters) - BP PLC BP.L:
1Q25 BP TRADING STATEMENT
EXPECTS LOWER UPSTREAM PRODUCTION IN 1Q25 COMPARED TO 4Q24
EXPECTS NET DEBT TO INCREASE BY $4 BILLION IN 1Q25
EXPECTS FLAT REALIZATIONS IN OIL PRODUCTION & OPERATIONS SEGMENT IN Q1
FY REPORTED UPSTREAM PRODUCTION TO BE LOWER AND UNDERLYING UPSTREAM PRODUCTION TO BE SLIGHTLY LOWER THAN 2024
OUTLOOK FY CAPEX AROUND $15BN
OUTLOOK FY OB&C CHARGE AROUND $1BN
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