NEW YORK (

TheStreet

) --

BP

(BP) - Get Report

was happy to share with the world this week its version of oil spill events, but the British oil giant is not rushing to release its third-quarter earnings.

>>BP: No Smoking Gun in Oil Spill

BP announced on Friday morning that it will delay its third-quarter earnings report by a week, and the results will now be out on Nov. 2.

The last BP earnings report was, by all accounts, the big one, being the first BP earnings after the oil spill and with BP taking a $32 billion charge to cover its oil spill liabilities. The company also announced at the time that embattled CEO Tony Hayward would in fact be replaced by Bob Dudley.

>>BP Takes $32 Billion Charge, Dudley Replacing Hayward

BP did not provide a reason for the earnings delay in its tersely worded one sentence statement.

Current Street consensus for the upcoming BP earnings is for earnings per share of $1.23 on revenue over $72 billion.

BP received some good news this week when Fitch Ratings raised it long-term debt rating on BP by three notches, a major recovery from the darkest days of the oil spill when the rating firms were pricing BP near junk status on the fears of bankruptcy.

The BP interim report on the oil spill released this week was met with a less favorable response than BP received from Fitch, however, with critics taking BP to task for seeming to shift not just a part, but a large part of the blame for the oil spill to other companies. In particular, BP hammered away at

Halliburton

(HAL) - Get Report

for what outgoing CEO Hayward described as "a bad cement job" on the Macondo well.

BP can expect to be questioned by analysts about the version of events that it presented in its oil spill report on the earnings conference call, as the war of words between BP and Halliburton -- as well as rig operator

Transocean

(RIG) - Get Report

-- has tens of billions of dollars in liability implications.

--Written by Eric Rosenbaum in New York.

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RELATED STORIES:

>>Do You Trust BP?

>>BP: No Smoking Gun in Oil Spill

>>BP Takes $32 Billion Charge, Dudley Replacing Hayward

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