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Chevron and BP both reported disappointing third-quarter profits, causing their shares to fall. Chevron's profit slumped, while BP's profit rebounded from the previous quarter but fell short of estimates due to weak gas trading results. BP also wrote down a large chunk of a US offshore wind project. BP's shares took a hit despite announcing a $1.5 billion payday for investors.
Investors left unimpressed as BP misses analyst forecasts with its third-quarter earnings https://t.co/RGCCyAmLX7 https://t.co/yt5LLUMWQ7
Investors left unimpressed as BP misses analyst forecasts with its third-quarter earnings https://t.co/unqAHK3DzR https://t.co/AvKah70B1i
WATCH: BP shares slump as third-quarter profit misses forecast on weak gas trading results https://t.co/unqAHK35Kj https://t.co/iDIqpOJfr6
BP shares slump as third-quarter profit misses forecast on weak gas trading results https://t.co/RGCCyAnjMF https://t.co/g0JMbqwoDP
WATCH: BP reported third-quarter earnings of $3.3 billion, missing analysts' forecasts due to weak gas trading results while the firm wrote down a large chunk of a US offshore wind project https://t.co/unqAHK3DzR https://t.co/7Ark1y2cgo
BP reported third-quarter earnings of $3.3 billion, missing analysts' forecasts due to weak gas trading results while the firm wrote down a large chunk of a US offshore wind project https://t.co/RGCCyAmLX7 https://t.co/SmsLUDTROh
$BP (-3.9% pre) BP shares take a hit on profit miss even after fresh $1.5 billion payday for investors https://t.co/7ZvhSUJGFT
BP's Q3 profits drop sharply, buybacks extended https://t.co/0mpyNFwynH https://t.co/VxJPwXBiMc
Oil major BP misses estimates for third quarter as profits plummet https://t.co/rvsm7thQ8o
⚠️ BP'S Q3 PROFITS DROP SHARPLY, BUYBACKS EXTENDED Full Story → https://t.co/MjM9zN63zx https://t.co/aND62C6YNu
BP's third-quarter profit rebounds from the prior period, but falls short of estimates as weak results in gas marketing offset a strong performance in oil trading https://t.co/ksIJUXO8jG
Chevron's third-quarter profit slumps, shares fall on earnings miss https://t.co/0tDsVGN8cJ