It takes a long time to reshape a company, and with its 2012 results out today, BP still appears to have some work to do. Adjusted net income for the fourth quarter of 2012 was $4 billion, down 20% over the previous year. Full year profits came in at $17.6 billion compared with $21.7 billion in 2011.
It takes a long time to reshape a company, and with its 2012 results out today, BP still appears to have some work to do. Adjusted net income for the fourth quarter of 2012 was $4 billion, down 20% over the previous year. Full year profits came in at $17.6 billion compared with $21.7 billion in 2011.