BP Prioritizes Balance Sheet as Q3 Profit and Cash Flow Soar, Slashing Debt by 40%

BP (BP) edged 0.3% higher in Friday's trading as the broader stock market fell sharply, after reporting Q3 profit nearly quadrupled and cash flow jumped, enabling it to reduce net debt faster than expected. Q3 underlying replacement-cost profit surged to $8.46B from $2.21B

BP (BP) edged 0.3% higher in Friday’s trading as the broader stock market fell sharply, after reporting Q3 profit nearly quadrupled and cash flow jumped, enabling it to reduce net debt faster than expected.

Q3 underlying replacement-cost profit surged to $8.46B from $2.21B To ensure this doesnât happen in the future, please enable Javascript and cookies in your browser

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