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BP expects net debt to fall sharply as refining margins strengthen

Source: proactiveinvestors.com

Corporate Guidance & OutlookCompany FundamentalsEnergy Markets & Prices
BP expects net debt to fall sharply as refining margins strengthen

BP expects third-quarter net debt to decline to $13.5 billion-$14.5 billion, down from $22.3 billion at the end of the second quarter. Stronger refining margins are also expected to support earnings.

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