Investing.com - BP (LON:BP) ADR reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BP ADR announced earnings per share of $1.23 on revenue of $52.24B. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $45.76B.
BP ADR shares are up 25.49% from the beginning of the year and are trading at $33.34 , down-from-52-week-high.They are outperforming the FTSE 100 which is up 3% from the start of the year.
BP ADR follows other major Energy sector earnings this month
BP ADR's report follows an earnings beat by Exxon Mobil on Tuesday, February 1, 2022, who reported EPS of $2.05 on revenue of $84.97B, compared to forecasts EPS of $1.94 on revenue of $85.01B.
Chevron had missed expectations on Friday, January 28, 2022 with fourth quarter EPS of $2.56 on revenue of $48.13B, compared to forecast for EPS of $3.13 on revenue of $45.34B.
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