BP expects to hit $35 billion net debt target in first quarter

BP expects to hit $35 billion net debt target in first quarter
  • Clock-gray 14:13
  • calendar-gray 06 April 2021

BP expects to reach its $35 billion net debt target in the first quarter of 2021, the energy group said on Tuesday, following earlier-than-expected proceeds from disposals and a “very strong” quarter, APA reports citing Reuters.

BP said it expects sale proceeds in 2021 to be at the top end of its existing $4 billion to $6 billion range.

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