- BP's (BP) Q3 underlying replacement profit dropped to $3.7B from $5B a year earlier but exceeded forecasts of $3.4B.
- BP raised its dividend by 5.6% to 9.5 cents a share, and said it intends to sell another $10B in assets within two years and use the money to pay shareholders.
- Production 3.17M barrels of oil equivalent a day.
- Of BP's $20B oil spill compensation fund, $19.3B has been paid or assigned. (PR)
BP's profit falls 26%
Oct 29 2013, 03:43 ET