BP Earnings Preview: Are They Feeling the Pinch?
BP Plc’s shares have lagged behind its top four non-state competitors this year as investors perceive its dividend to be most at risk should oil’s slump persist. The U.K. company may report an adjusted quarterly loss on Tuesday, its first since the Gulf of Mexico spill in 2010, analyst estimates show. Oil resumed its gain near $43 a barrel before weekly U.S. government crude inventory and production data. Oil markets are signaling that prices have bottomed, even as growth in demand is forecast to slow this year. Bloomberg's Ryan Chilcote and Fathom Financial Consulting Director Erik Britton discuss with Anna Edwards on "Countdown."
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