BP Stumbles: Weak Oil Trading, Refining Margins Drag Down Q2 Outlook
BP Stumbles: Weak Oil Trading, Refining Margins Drag Down Q2 Outlook
BP p.l.c. (NYSE:BP) shares are trading lower after the company disclosed the trading update for the second quarter of FY24, with oil trading results expected to be weak after a strong first quarter.
纽交所BP p.l.c.(NYSE:BP)股票交易走低，公司公布了第二季度FY24的交易更新，因为强劲的第一季度后，预计石油交易业绩将疲弱。
In the oil production and operations segment, the company anticipates realizations to have a favorable impact of $0.1 billion-$0.3 billion versus the first quarter, factoring in the effects of price lags on production in the Gulf of Mexico and the UAE.
在石油生产与操作领域，该公司预计实现利润相对于第一季度将有1亿至3亿的有利影响，考虑到墨西哥湾和阿联酋产量的价格滞后效应。
The British oil giant expects Upstream production in the quarter to remain flat compared to the prior quarter, with stable oil production and a slight decrease in gas and low-carbon energy output.
这家英国石油巨头预计上游生产在这个季度内与上一个季度持平，石油产量稳定，而天然气和低碳能源产量略有下降。
Also Read: Is BP Bailing on Green? Reportedly Shifts Gears From Renewables To Oil And Gas
此外还阅读：BP是否放弃绿色发展？据报道，从可再生能源转向油气
In the gas and low-carbon energy segment, the company projects realizations to have an adverse impact of about $0.1 billion vs the prior quarter, including declines in non-Henry Hub natural gas prices.
在天然气和低碳能源领域，该公司预计实现利润相对于上一季度将有大约1亿的不利影响，包括非Henry Hub天然气价格的下降。
Also, the gas marketing and trading result is expected to be average in the second quarter following a strong first quarter.
此外，在强劲的第一季度之后，天然气营销和交易结果预计将在第二季度平均。
BP projects lower refining margins to negatively impact to have a negative impact of $0.5 billion-$0.7 billion owing to weaker middle distillate margins and narrower North American heavy crude oil differentials, along with increased turnaround activity.
BP预计较低的炼油利润将会对中间馏分利润较弱和北美重质原油差额较小以及停车活动增加造成5亿至7亿的负面影响。
Apart from this, the company disclosed that second-quarter results are expected to include post-tax adverse adjustments of $1.0 billion-$2.0 billion on asset impairments and onerous contract provisions, including charges related to the Gelsenkirchen refinery review.
此外，该公司透露，第二季度的业绩预计将包括税后的10亿至20亿的资产减值和负担紧缩合同条款的不利调整，包括与盖尔森基兴炼油厂审查有关的费用。
Last month, BP agreed to purchase Bunge Global SA's (NYSE:BG) 50% stake in their joint venture, BP Bunge Bioenergia S.A., for an enterprise value of about $1.4 billion.
上个月，BP同意以约14亿美元的企业价值收购邦吉全球有限公司（NYSE:BG）在合资公司BP邦吉生物能源股份有限公司中的50％股份。
Related: BP Eyes Biofuel Dominance In Brazil With Expansion Plans: Report
相关：BP通过扩张计划，着眼于主导巴西生物燃料市场
Investors can gain exposure to the stock via Direxion Hydrogen ETF (ARCA: HJEN) and First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA: EIPX).
投资者可以通过 Direxion Hydrogen ETF (ARCA: HJEN) 和 First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA: EIPX) 来获得这只股票的曝光。
Price Action: BP shares are down 3.99% at $35.08 premarket at the last check Tuesday.
股价表现：周二最后一次查询，BP股价在盘前下跌3.99％，报35.08美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
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