NuStar Energy L.P. (NS)

[leftovers]

This came in my inbox today from SA:

BP - Strong As Ever

Operating cash flows remain strong.
Upstream production remains flat in 3Q19.

I firmly believe that British Petroleum's (BP) latest financial results will not have any long-term negative impact on its stock price. In my earlier article, I had stated that British Petroleum's 3Q19 financial results will disappoint the market. And, I was right. BP's shares fell by 3% on Tuesday October 29th, after its 3Q19 earning results were declared. BP reported an underlying replacement cost profit (used as a proxy for net profit) of $2.25 billion for 3Q19, compared to $2.8 billion in 2Q19 and $3.8 billion in 3Q18.