BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
BP rises Wednesday, outperforms market
Shares of BP PLC BP rallied 1.41% to £4.69 Wednesday, on what proved to be an all-around positive trading session for the ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
The Economist23h
BP is underperforming and under pressure
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
BP’s Brazil Head Will Take Over Bioenergy Unit after CEO Exit
The head of BP Plc in Brazil will take over as the top boss of the company’s sugar and ethanol unit, replacing an executive ...
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
Aker BP raises dividend, eyes higher capital spending
Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
California company moved to NC pledging 250 jobs. Now the state is pulling its incentives.
North Carolina has terminated millions worth of incentives earmarked for a cleantech company that moved its headquarters to Durham from California with plans to create hundreds of local jobs.