J.P. Morgan Says BP’s Balance Sheet Inflection Has Arrived
J.P. Morgan’s Matthew Lofting says BP’s total financial obligations have fallen by $9.3 billion, or 20%, and net debt could fall further when $6 billion from the Castrol disposal arrives.
J.P. Morgan’s Matthew Lofting says BP’s total financial obligations have fallen by $9.3 billion, or 20%, and net debt could fall further when $6 billion from the Castrol disposal arrives.