Forecast of the Day: BP’s Average Price Realized on Refined Products

BP: BP logo

BP (NYSE: BP) reported its results earlier today. The company reported a rebound in earnings from fuel sales and the absence of significant exploration write-offs. Underlying replacement cost profit (a proxy for net profit), totaled $100M vs. an expected third-quarter loss of $347M. That compares with a loss of $6.7B in Q2, and a $2.3B profit reported a year earlier.

Click here for the full Trefis coverage of BP

Relevant Articles
  1. BP Stock Flat This Year, What Now?
  2. BP Stock Up 7% This Year, What’s Next?
  3. Flat Since The Beginning of 2023, Where is BP Stock Headed?
  4. What’s Happening With BP Stock?
  5. BP Stock Up 11% Over Last Month. What’s Next?
  6. BP Stock Up 8% Over Last Month. Will It Continue?

Looking for a balanced portfolio to invest in? Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.


See all Trefis Price Estimates and Download Trefis Data here

What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams