Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
One quarter’s results, usually gives an indication and little more about a company’s progress in a particular year; particularly a company as large, complex and international as BP (BP.). But these are not usual times by any definition, so far as BP is concerned. The accounting is complex; the headline figures dominated by a massive exceptional item.
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