BP (LSE: BP) saw operating profits fall 20% year over year in its most recent quarter, but the company isn’t taking the turmoil in the sector lying down. It’s paying a hefty price to restructure the business to better reflect the lower price of crude, but that should pay dividends in the future…
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How BP plc Is Navigating The Oil Price Rout
VIDEO: One Fool takes a closer look at BP plc (LON:BP).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
