BRIEF-Moody's confirms A2 rating of BP P.L.C positive outlook

viernes 8 de abril de 2016 17:42 GYT
 

April 8 (Reuters) - Moody's

* Moody's confirms a2 rating of bp p.l.c; positive outlook

* Moody's expects bp to generate negative free cash flow in 2016,2017, based on weak upstream pricing, flattish production outlook of 2.1 million boe/day

* Positive outlook reflects view that despite earnings weakness expected in 2016-2017, bp's credit metrics compare well with higher rated peers Source text for Eikon: (Bengaluru Newsroom: +1-646-223-8780)