BP’s Q2 Profit Doubles Amid Middle East Conflict, but It Cuts Production, Capex Outlook
BP p.l.c. (NYSE: BP ) stock is trading lower on Tuesday after the energy major reported second-quarter results that surpassed Street estimates. Chief Executive Officer Meg O’Neill noted weaker operational performance during the quarter, with upstream plant reliability declining to 92.4% from 95.7% in the first quarter