The British energy company BP beats expectations and reports a net profit of 2.8 billion dollars for the second quarter of the year. This can be compared to 2.6 billion during the same period last year.
Analysts had on average expected a profit of 2.7 billion dollars, according to Bloomberg's compilation of forecasts.
The adjusted operating result for the second quarter landed at 5.4 billion dollars, which can be compared to expectations of 5.5 billion.
The company is also increasing the dividend to shareholders.
"Our operations continue to operate safely and efficiently," says CEO Murray Auchincloss in a comment.
