Could BP’s Cash Flow Position Improve?
In the first quarter, BP’s (BP) cash flow from operations rose 72% YoY (year-over-year) to $3.7 billion, and its cash outflow from investing was flat YoY at $3.8 billion. BP’s cash outflow from financing stood at $3.4 billion, against a cash inflow of $1.8 billion in Q1 2017. In the first quarter, BP produced $3.7 billion in cash from operations. However, it had a cash outflow of $3.6 billion in the form of an additions to plants, property, and equipment, and $1.8 billion in the form of dividends, adding up to $5.4 billion of cash outflow.