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EQS-Adhoc: BP p.l.c.: 2Q24 SEA Part 1 of 1
EQS-Adhoc: BP p.l.c.: 2Q24 SEA Part 1 of 1.
About this update from Bp Plc
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\nEQS-Ad-hoc: BP p.l.c. / Key word(s): Half Year Results\n\nBP p.l.c.: 2Q24 SEA Part 1 of 1 \n30-Jul-2024 / 08:00 CET/CEST\n\nDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.\n\nThe issuer is solely responsible for the content of this announcement.\nTop of page 1\n\n \n\n \n\nFOR IMMEDIATE RELEASE\n \n London 30 July 2024\n \n BP p.l.c. Group results\n Second quarter and first half 2024(a)\n \n\n \n\n \n\n“For a printer friendly version of this announcement please click on the link below to open a PDF version of the announcement”\n\n \n\n \n\n \n\nStrong cash generation, growing distributions\n\n \n\n \n\nFinancial summary\n \n Second\n First\n Second\n \n First\n First\n \n \n quarter\n quarter\n quarter\n \n half\n half\n $ million\n \n 2024\n 2024\n 2023\n \n 2024\n 2023\n Profit (loss) for the period attributable to bp shareholders\n \n (129)\n 2,263\n 1,792\n \n 2,134\n 10,010\n Inventory holding (gains) losses*, net of tax\n \n 113\n (657)\n 549\n \n (544)\n 1,001\n Replacement cost (RC) profit (loss)*\n \n (16)\n 1,606\n 2,341\n \n 1,590\n 11,011\n Net (favourable) adverse impact of adjusting items*, net of tax\n \n 2,772\n 1,117\n 248\n \n 3,889\n (3,459)\n Underlying RC profit*\n \n 2,756\n 2,723\n 2,589\n \n 5,479\n 7,552\n Operating cash flow*\n \n 8,100\n 5,009\n 6,293\n \n 13,109\n 13,915\n Capital expenditure*\n \n (3,691)\n (4,278)\n (4,314)\n \n (7,969)\n (7,939)\n Divestment and other proceeds(b)\n \n 760\n 413\n 88\n \n 1,173\n 888\n Net issue (repurchase) of shares\n \n (1,751)\n (1,750)\n (2,073)\n \n (3,501)\n (4,521)\n Net debt*(c)\n \n 22,614\n 24,015\n 23,660\n \n 22,614\n 23,660\n Adjusted EBITDA*\n \n 9,639\n 10,306\n 9,770\n \n 19,945\n 22,836\n Announced dividend per ordinary share (cents per share)\n \n 8.000\n 7.270\n 7.270\n \n 15.270\n 13.880\n Underlying RC profit per ordinary share* (cents)\n \n 16.61\n 16.24\n 14.77\n \n 32.86\n 42.65\n Underlying RC profit per ADS* (dollars)\n \n 1.00\n 0.97\n 0.89\n \n 1.97...