{"id":554065,"date":"2023-02-08T11:10:22","date_gmt":"2023-02-08T05:40:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=554065"},"modified":"2023-02-08T13:01:11","modified_gmt":"2023-02-08T07:31:11","slug":"bp-scripts-record-28-bn-profit-increases-dividend","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bp-scripts-record-28-bn-profit-increases-dividend\/","title":{"rendered":"BP scripts record $28 bn profit, increases dividend"},"content":{"rendered":"<p>BP reported on Tuesday a record profit of $28 billion in 2022, lifted by a surge in energy prices since Russia&#8217;s invasion of Ukraine as the company increased its dividend by 10% in a sign of confidence in the market&#8217;s continued strength.<\/p>\n<p>BP&#8217;s fourth-quarter underlying replacement cost profit, the company&#8217;s definition of net income, reached $4.8 billion, compared with forecasts of a $5 billion profit in a company-provided survey of analysts.<\/p>\n<p>That compared with $4 billion a year earlier and $8.2 billion in the third quarter of 2022. <\/p>\n<p>The results were impacted by weaker gas trading activity after an &#8220;exceptional&#8221; third quarter, higher refinery maintenance and lower oil and gas prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BP reported on Tuesday a record profit of $28 billion in 2022, lifted by a surge in energy prices since Russia&#8217;s invasion of Ukraine as the company increased its dividend by 10% in a sign of confidence in the market&#8217;s continued strength. BP&#8217;s fourth-quarter underlying replacement cost profit, the company&#8217;s definition of net income, reached $4.8 billion, compared with forecasts of a $5 billion profit in a company-provided survey of analysts. That compared with $4 billion a year earlier and $8.2 billion in the third quarter of 2022. The results were impacted by weaker gas trading activity after an &#8220;exceptional&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-554065","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=554065"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554065\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=554065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=554065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=554065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}