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Fly News Breaks for February 2, 2016
BP
Feb 2, 2016 | 07:55 EDT
After BP reported weaker than expected results, Bernstein says the miss is a "one-off" event caused by hedges. The firm thinks the company has several positive attributes, including a strong balance sheet, declining capex, stable volumes, and declining opex. Bernstien is upbeat on the company's longer term outlook and keeps an Outperform rating.
News For BP From the Last 2 Days
