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Shares of BP plc BP have gained 13.8% in the past six months, outperforming the oil-energy sector’s gain of 9.8%. The company ...
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
Looking ahead to 2025, BP expects lower upstream production due to asset divestments in Egypt and Trinidad. Refining and fuel ...
The BP share price has grown in the past five years, but it's been left in the dust by rival Shell's performance. Could it ...
Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.
BP surpassed its $35 billion net debt target in the first quarter of 2021 and has since continued to reduce debt. As of year-end 2022, net debt stood at $21.4 billion, resulting in a gearing ratio ...
Earnings Call Insights: BP (NYSE:BP) Q4 2024 Management View CEO Murray Auchincloss highlighted significant strategic ...
BP scaled back its energy transition strategy earlier this year but still stands out among rivals as the only oil major with plans to cut oil and gas output by 2030 by 25%. Sign up here.
BP CEO Robert Dudley tried Tuesday to sell folks on the company's "rapid progress" towards recovery from last year's Gulf oil disaster. There's a reason why it fell a little flat.
BP's green strategy U-turn does not appear to have gone far enough for the likes of activist investor Elliott Management, which went public last week with a stake of more than 5% in the London ...
Obviously, the lack of safety here cost BP $20 billion and threw their years-long growth strategy out the window. BP is an entirely different company now; and worse, they are not calling their own ...
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.