BP (British Petroleum) Q2 net profit doubled! Will the oil and gas return strategy win market recognition?

According to Zhitong Finance APP, on August 4th, BP (BP.US) released its second-quarter financial report, presenting results that far exceeded market expectations: adjusted net profit reached $5.73 billion, with a year-on-year increase of over 100%, surpassing the consensus estimate of $5.01 billion by more than 14%. The surge in performance was mainly attributed to the robust growth of its refining and trading business during the Iran war.