BP’s profit tripled in the second quarter to $8.45 billion

Company’s adjusted net profit doubled British Petroleum “BP” 3 times on an annual basis during the second quarter of this year to 8.45 billion dollars, which came better than the average expectations of analysts.

The company also raised the dividend to 6 cents per share, an improvement over the previous commitment to raise dividends by 4% annually until 2025.

Net debt also decreased to $22.8 billion at the end of the second quarter, down from regarding $33 billion last year.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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