Seeking Alpha

BP (BP): Q2 loss of $1.38B, after being forced to cut the value of a number of key assets....

BP (BP): Q2 loss of $1.38B, after being forced to cut the value of a number of key assets. Replacement cost profit (which excludes oil price movements) of $238M vs. $5.4B in the year earlier period. Expects earnings momentum to build in 2013. (PR)
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