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BP Sees 3Q Post-Tax Impairment Items of $3.0B-$4.5B

BP expects third-quarter post-tax adjusting items related to impairments in the range of $3.0 billion to $4.5 billion.

BP.

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06:30:43 AM UTC
SquawkNews
By Stephanie Kelly and Shadia NasrallaBP LSE:BP. expects to report $3 billion to $4.5 billion of impairments in its third quarter results, relating to its gas and low-carbon energy segment, the oil major said on Tuesday.This is the second time in a year that the British firm has booked large write…