BP Falls After Q4; CapEx Reductions Ahead, Adjusting To $40-$60 Oil
February 04, 2015 at 09:49 AM EST
BP (BP) was falling early Wednesday, despite a better than expected fourth quarter BP said it earned 73 cents a share on revenue that fell 22.2% to $74 billion. Analysts were looking for the company to earn 49 cents on $66.93 billion in revenue. The company said it would reduce exploration expenditure and postpone some [...]
