Investing.com - BP (LON:BP) ADR reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
BP ADR announced earnings per share of $2.59 on revenue of $55.01B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $66.29B.
BP ADR shares are up 24.75% from the beginning of the year and are trading at $33.22 , down-from-52-week-high.
BP ADR shares lost 0.20% in intra-day trade after the report.
BP ADR follows other major Energy sector earnings this month
BP ADR's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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