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BP Posts Reports Higher Q1 Attributable Profit, Total Revenue

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BP (BP.L) reported on Tuesday that its attributable profit and total revenue increased year over year in the first quarter.

Profit attributable to shareholders for the three months ended March 31 was $3.84 billion, compared with $687 million earlier. EPS moved to $0.2453 from $0.0427, while earnings per American depositary receipt increased to $1.47 from $0.26.

The oil and gas company's total revenue and other income were $53.37 billion, compared with $47.88 billion a year ago.

Meanwhile, the board declared an interim dividend of $0.0832 per share for the quarter, payable June 26 to shareholders on record May 15. It paid $0.0800 per share in the year-ago period.

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