BP Beats Forecasts with Record Profit, Targets Early Settling of Deepwater Horizon Bill

  Summary Underlying replacement cost profit $8.46 billion, tops forecast Surplus cash will settle remaining Deepwater Horizon liabilities Net debt falls to $13.9 billion, meeting target a year early Shell and Total use excess cash for buyback hike Oct 30 (Reuters) – BP posted a record quarterly net profit on Friday, beating expectations as the … Read more