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BP -4.4% premarket after its weaker-than-expected Q2 earnings are “a disappointing miss on...

BP -4.4% premarket after its weaker-than-expected Q2 earnings are “a disappointing miss on a number of fronts.” Despite talk last year that BP was turning a corner, its U.S. underlying upstream profit and oil production have declined Y/Y in every quarter since Deepwater Horizon, with no clear end in sight. Extensive turnaround and maintenance programs are expected to continue into Q3.
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  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Seems as if Obama still has his boot on their throat!! Barry really knows how to be a business friendly prez! I wish they would fire every US employee and replace them all with illegals! Then they could show him a bit of fair play!
    31 Jul 2012, 08:30 AM Reply Like
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