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BP will review its global portfolio to boost returns, incoming Chair Albert Manifold said. Q2 profit beat estimates at $2.35B vs $1.76B forecast. Retail sentiment on Stocktwits was 'bullish'. The firm cut $900M in costs and aims to divest $20B by 2027. BP shares are up 9.4% YTD, trailing Shell's 14% gain.
short by / 02:09 pm on 05 Aug
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