The British energy company BP beats analysts' expectations and reports net income of 2.35 billion dollars during the second quarter. It is 15 percent lower than the same quarter last year. Expected was that net income would fall to 1.76 billion dollars, according to Bloomberg's compilation.
The Ebit result fell 3 percent compared to last year to 5.25 billion dollars, also that was above analysts' expectations.
The company announces at the same time a buyback program of 750 million dollars.