LONDON, April 30 (Reuters) - BP Plc profitsoutperformed expectations by almost $1 billion in the firstquarter of 2013 thanks in part to the high margin nature of newproduction that came on stream at the end of 2012 and a strongperformance from its trading division.
The British oil company turned in underlying replacementcost net profit of $4.215 billion for the quarter, down from $4.65 billion a year ago, but beating analysts expectations ofaround $3.27 billion.