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.
紐交所BP p.l.c.(NYSE:BP)股票交易走低，公司公佈了第二季度FY24的交易更新，因爲強勁的第一季度後，預計石油交易業績將疲弱。
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.
在石油生產與操作領域，該公司預計實現利潤相對於第一季度將有1億至3億的有利影響，考慮到墨西哥灣和阿聯酋產量的價格滯後效應。
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.
這家英國石油巨頭預計上游生產在這個季度內與上一個季度持平，石油產量穩定，而天然氣和低碳能源產量略有下降。
Also Read: Is BP Bailing on Green? Reportedly Shifts Gears From Renewables To Oil And Gas
此外還閱讀：BP是否放棄綠色發展？據報道，從可再生能源轉向油氣
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.
在天然氣和低碳能源領域，該公司預計實現利潤相對於上一季度將有大約1億的不利影響，包括非Henry Hub天然氣價格的下降。
Also, the gas marketing and trading result is expected to be average in the second quarter following a strong first quarter.
此外，在強勁的第一季度之後，天然氣營銷和交易結果預計將在第二季度平均。
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預計較低的煉油利潤將會對中間餾分利潤較弱和北美重質原油差額較小以及停車活動增加造成5億至7億的負面影響。
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，該公司透露，第二季度的業績預計將包括稅後的10億至20億的資產減值和負擔緊縮合同條款的不利調整，包括與蓋爾森基興煉油廠審查有關的費用。
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.
上個月，BP同意以約14億美元的企業價值收購邦吉全球有限公司（NYSE:BG）在合資公司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
相關：BP通過擴張計劃，着眼於主導巴西生物燃料市場
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).
投資者可以通過 Direxion Hydrogen ETF (ARCA: HJEN) 和 First Trust Exchange-Traded Fund IV FT Energy Income Partners Strategy ETF (ARCA: EIPX) 來獲得這隻股票的曝光。
Price Action: BP shares are down 3.99% at $35.08 premarket at the last check Tuesday.
股價表現：週二最後一次查詢，BP股價在盤前下跌3.99％，報35.08美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
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