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BP, Q4
BP expects weaker Q4 2024 performance, reschedules capital markets day
BP expects lower production in the upstream segment in the fourth quarter (Q4) compared with Q3, affecting both oil production and operations and gas and low-carbon energy.
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss.
BP Warns of Weak Q4 Results and Delays Capital Markets Day
BP plc BP has cautioned investors about weak fourth-quarter results due to declining oil and gas production, reduced refining margins and trading setbacks. The company also revealed a delay in its highly anticipated investor day,
BP delays investor day after CEO's medical procedure, sees lower Q4 upstream production
BP (NYSE:BP) -1.3% pre-market Tuesday after saying Q4 results will be hurt by lower oil and gas production, refining margins and trading, while also delaying its investor day due to a planned medical procedure by CEO Murray Auchincloss.
BP warns of fourth quarter profit hit as production and refining margins fall
BP warned on Tuesday that lower production, weak refining margins and sluggish trading would see its profit in the fourth quarter of 2024 fall from the previous three months. Since taking the helm a year ago,
1d
on MSN
BP Stock Drops After Company Warns of Impairments of Up to $2 Billion in Q4
KEY TAKEAWAYS BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book ...
1d
BP CEO Auchincloss Faces a Crucial Test in Delayed Strategy Update
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
11h
BP p.l.c. Hold Rating Amid Strategic Transition Challenges and Financial Volatility
BP p.l.c. (BP – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Christopher Kuplent from ...
Upstream
9h
Delay to BP strategy announcement amps up investor pressure
Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
1d
BP Warns of Lower Oil, Gas Output in Q4 Update
BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects ...
14h
Barclays Keeps Their Buy Rating on BP p.l.c. (BP)
Barclays analyst Lydia Rainforth maintained a Buy rating on BP p.l.c. (BP – Research Report) today and set a price target of £6.50. The ...
Recharge
1d
BP postpones financial event as CEO has 'planned medical procedure'
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Upstream
1d
BP postpones capital markets event as its chief executive has undergone a 'planned medical procedure'
BP revealed its fourth quarter 2024 upstream production is expected to be lower and said its chief executive is "recovering ...
Zacks.com on MSN
2d
BP Halts Shah Deniz Output After Pipeline Issue in Caspian Sea
BP halts production at its Shah Deniz Alpha platform in the Caspian Sea due to a pipeline issue, coinciding with Azerbaijan's ...
Convenience Store News
2d
Amazon Go Hires Former bp Executive
Kimberly James has joined Amazon to lead the U.S. convenience categories for its cashierless Amazon Go convenience stores, ...
Hosted on MSN
6h
Iraq, BP to sign major Kirkuk fields deal worth over $27bn
By bnm Gulf bureau Iraq will sign a massive deal with BP covering four Kirkuk oil and gas fields by early February that will ...
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