Category: BP

BP 2012 1Q financial analysis

BP

British Petroleum 2012 1Q results is average. Revenue has slightly increased compared to Q4 from 93,4 bn.$ to 94 bn.$ since seasonality has low impact to companies results. Net Income before depreciation has decreased from 10,8 bn.$ to 9,2 bn.$ but profit remains quite good. 4Q profit was influenced by positive effect of 4 bn.$ from gulf of Mexico provision decrease.…