BP PLC
BP.: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|jq | LOCK|Rlc | LOCK|$%!zf< |
BP Earnings: Results Exceed Expectations as Management Signals Greater Action
BP's second-quarter earnings of $2.4 billion exceeded market expectations on strong earnings from the gas and low-carbon energy, and customers and products segments. BP will conduct a review of its portfolio to ensure effective capital allocation and initiate a further cost review.
