在欧洲同行荷兰皇家壳牌公司(Royal Dutch Shell Plc) 4月份大幅削减股息之后，这一举措在很大程度上已在人们的预料之中。尽管大型石油公司慷慨的支付长期以来一直是其吸引投资者的主要因素，但疫情造成的前所未有的市场动荡，已迫使企业做出在今年以前无法想象的决定。
美国同行埃克森美孚(Exxon Mobil Corp.)和雪佛龙(Chevron Corp.)在交易方面更为谨慎，公布了现代史上最差的一组季度业绩。
赵斌 编译自 钻井网
BP Cuts Dividend for First Time Since 2010
BP cut its dividend for the first time in a decade, removing a cornerstone of its investment case.
The move was largely expected after European peer Royal Dutch Shell Plc slashed its own dividend in April. While Big Oil’s generous payouts have long been its main attraction to investors, the unprecedented market turmoil wrought by the virus has forced companies to take decisions unthinkable before this year.
BP also announced a new strategy to deliver its “net-zero” ambition, targeting a 40% decline in hydrocarbon production, a 10-fold increase in low-carbon investment, and a 30%-35% cut in emissions from its operations by 2030. It won’t explore for oil in any new countries.
The company reported an adjusted net loss of $6.68 billion for the second quarter, following a $2.81 billion profit a year earlier. Analysts had estimated a loss of $8.45 billion. It cut its dividend to 5.25 cents a share.
BP had raised its payout in the fourth quarter to 10.5 cents a share, in the final set of results for outgoing Chief Executive Officer Bob Dudley. But as the coronavirus spread across the world, destroying demand and hammering oil prices, the $8 billion annual payout had looked increasingly shaky.
Virtually every part of BP’s business, from its forecourts to its oil and gas production, was hit by the pandemic’s devastating impact on fuel consumption. But there was one bright spot: oil trading delivered an “exceptionally strong result,” BP said.
The oil major’s sprawling trading unit capitalized on the period’s volatility and in particular made money from so-called contango plays. That trade involves putting cheap oil into storage and simultaneously selling it at higher prices on the forward market. Total SE, Shell and Equinor ASA all reaped the benefits of contango, with trading gains saving them from a quarterly loss.
American counterparts Exxon Mobil Corp. and Chevron Corp., which have a more timid approach to trading, posted their worst set of quarterly results of the modern era.