BP Investors Unfazed by Potential $1.5 Billion Asset Impairments -- Market Talk

Dow Jones

2025/07/11

0852 GMT - The market doesn't seem too fussed about BP's potential $1.5 billion of asset impairments, AJ Bell analyst Dan Coatsworth writes. Instead, focus is on good news from its oil trading business and the boost from refining margins, he adds. BP said in its second-quarter update that it anticipates $500 million to $1.5 billion in after-tax impairment charges. Shares rise 2.3% to 397.4 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

July 11, 2025 04:53 ET (08:53 GMT)

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Instead, focus is on good news from its oil trading business and the boost from refining margins, he adds. BP said in its second-quarter update that it anticipates $500 million to $1.5 billion in after-tax impairment charges. Shares rise 2.3% to 397.4 pence. 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Instead, focus is on good news from its oil trading business and the boost from refining margins, he adds. BP said in its second-quarter update that it anticipates $500 million to $1.5 billion in after-tax impairment charges. Shares rise 2.3% to 397.4 pence. 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Shares rise 2.3% to 397.4 pence. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 11, 2025 04:53 ET (08:53 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}