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BP plc

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BP plc’s earnings came above the Zacks Consensus Estimate in the first quarter. This was mainly due to higher production. We believe that the company’s strategy of offloading non-core upstream properties will prove beneficial over time, while creating a portfolio with potentially stronger growth from a smaller base. Additionally, BP’s position in the Woodford, Haynesville, Fayetteville, Eagle Ford and Utica shale plays, in association with its vast resource base and profound knowledge in unconventional gas, will aid its natural gas operations going forward.

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