Gauging Corporate Financial Results: BP: 2008-4Q Net Loss

03 February 2009

BP: 2008-4Q Net Loss

BP (NYSE: BP), the former British Petroleum, announced a net loss of $3.3 billion ($1.07/ADR) for the fourth quarter of 2008.

The full GCFR analysis of the quarter will be posted in the next day or two. The spreadsheet below, which differs in material respects from the company-used presentation, compares the latest results with our previously communicated expectations.

http://sheet.zoho.com/public/ncarvin/bp-income-statement?mode=html

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© 2006-2011. Neil A. Carvin. All rights reserved.

This blog describes and gives examples of a particular quantitative methodology, relying on published financial statements, to analyze businesses. The methodology does not evaluate every aspect of a company's finances or operations. Other analytical techniques may be better suited to some evaluations, depending on the type of business or the goals of the analysis. The material in the blog is not investment advice, nor does it constitute an offer or solicitation to buy or sell any security. The author might have, might once have had, or might be considering a position in the companies mentioned. Specific positions will not be disclosed. While good-faith efforts are made to use reliable information sources and to provide accurate analytical results, accuracy is not guaranteed. All results are subject to change without notification. Application of the analytical methodology described in this blog requires that various assumptions be made. The assumptions are generally not disclosed and are subject to error, invalidating some or all of the analysis results. In looking for trends, recent financial data is compared to historical financial data; however, underlying differences in the assumptions or presentation of the data might degrade or invalidate these comparisons and could produce erroneous or misleading results. Readers should independently validate any information in this blog that causes them to consider making or not making a financial transaction.

Gauging Corporate Financial Results

03 February 2009

BP: 2008-4Q Net Loss

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Gauging Corporate Financial Results

03 February 2009

BP: 2008-4Q Net Loss

No comments:

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Wikinvest Wire

Welcome

Following GCFR

Subscribe via email

Seeking Alpha

Labels

Recent Posts

Recent comments

Subscribe To GCFR

Daily Reading

Financial Data Overview

Dashboard Gauges

GCFR Index

Pages

Production Credits

Disclosure

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