British oil company BP announced on Tuesday that it had net income of US$ 2.326 billion in the fourth quarter of 2021, an amount 71% higher than the gain of US$ 1.358 billion obtained in the same period of 2020. Between October and December, the BP secured an underlying profit of US$4.065 billion, beating the company’s own 26-trader consensus of US$3.93 billion. At the close of 2021, BP had accumulated underlying gains of $12.815 billion, reversing a loss of $5.69 billion from the previous year. BP also announced that it intends to buy back $1.5 billion of shares before announcing results for the first quarter of this year.
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