After the difficult Corona year 2020, things are looking up for the British oil and gas company BP.
In the second quarter, the company earned 3.1 billion dollars (2.6 billion euros), as BP announced in London on Tuesday.
In the corresponding quarter of the previous year, the group had to cope with a loss of just under $ 17 billion.
Adjusted for special factors, the profit for the past quarter was around $ 2.8 billion.
In view of the surprisingly high quarterly profit, the group pays more dividends for the first time in a year: According to the information, shareholders should now receive 5.46 US cents per share. In the previous quarters, they had to be satisfied with 5.25 cents per paper after the group had cut the distribution sharply as a result of the slump in oil prices at the beginning of the Corona crisis. In addition, the energy multinational is now starting a share buyback worth 1.4 billion US dollars, which will be financed from excess cash generated in the first half of the year.