秋明英国石油公司2009年一季度净利润回落58％, 秋明英国石油公司
Release Date: 2009-05-21
Russian-British oil major TNK-BP has announced its net profit had dropped 58% year-on-year in January-March 2009 to $747 million.
"This is a strong performance, despite a very challenging environment compared to last year. Safety performance has continued to improve, production levels are higher, and investment discipline has been maintained, with healthy cash generation," TNK-BP CEO Tim Summers said in a statement posted on the company's website.
In the first quarter of 2009, the price for the Russian Urals export blend fell by 53% to $43.7 per barrel relative to the same period last year, with revenues falling by 50% to $6.328 billion, continued the press release.
Organic capital expenditure was $711 million, 16% down on the same period last year. Operating expenses were $885 million, a 23% improvement from 1Q 2008.
Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 50% to $1.49 billion, and operating cash was down 45% to $1.18 billion.
The first quarter 2009 financial statements of TNK-BP International were prepared according to the US GAAP.
| Type: | NORMAL |
| Company: | 秋明英国石油公司 |
| Country: | 俄罗斯 |