BP profit sinks for year but rises in Q4

BP’s step change to less oil and gas and more renewable investment last year has not insulated it from huge losses and a share price that plunged to mid-1990s levels after its dividend cut in August. 

 BP profit sinks for year but rises in Q4  BP profit sinks for year but rises in Q4  BP profit sinks for year but rises in Q4  BP profit sinks for year but rises in Q4  BP profit sinks for year but rises in Q4

CEO Bernard Looney

 
The share price fell 46% through 2020 but has risen a modest 6% this year so far but was down 3% after results released overnight Australia time.