BP Reinstates Dividend but Problems Linger

by | Feb 1, 2011 | Towing

BP has benefited from high oil prices and announced it would reinstate its dividend. However, while its fourth-quarter profit was up from a year earlier, the oil giant reported a full-year loss.
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BP Returns to Profit Despite Oil Spill Charge

by | Nov 2, 2010 | Towing

Oil giant BP (BP) announced Tuesday that it had an operating performance that helped it become profitable again in 2010’s third quarter, even though the company took an additional pretax charge of $7.7 billion related to the Deepwater Horizon oil spill…