BP cuts net debt by $8.4B to $13.87B, holds dividend at 8.66c, to settle Deepwater Horizon liabilities

BP cut net debt by $8.4 billion to $13.87 billion, below its target range, and held its dividend at 8.66 cents. The company plans to use additional cash to settle its remaining Deepwater Horizon liabilities, and will provide a strategy update on Dec. 15.

Detected & updated continuously · Source: Nebula