(BP Plc) BP PLC reported a $ 3.4 billion profit in the second quarter of 2021, up from a loss of $17.5 billion in the same period last year.
The company posted total revenue of $37.6 billion in the quarter ended June, a jump from $20.8 billion in the same quarter last year.
The net revenue for the year half was $74.1 billion, an increase compared to $51.6 billion in the same period last year.
The British energy giant announced a dividend per ordinary share of 5.46 cents, slightly up from 5.25 cents announced in the second quarter of 2020, payable on 24 September.
BP completed $500 million worth of share buybacks in the second quarter of 2021.
The management of the company expects to see more divestments, especially to low-carbon energy going up to $5-6 billion towards the end of the year.
BP: LON is up +5.02%.
