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Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
18h
The Cool Down on MSNBP stirs controversy after halting operations for new type of fuel: 'Weaker-than-anticipated growth in the market'Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader ...
BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy chief as it tries to shore ...
Finance Chief Kate Thomson said BP would provide no guidance on the size of future buybacks. BP increased its outlook for asset sales this year to $3-$4 billion from $3 billion previously. It also cut ...
Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock. Shares of BP have an average 1 ...
By Stanley Reed Reporting from London BP, the energy giant, said on Wednesday that it would increase spending on oil and gas while sharply paring back investments on various forms of clean energy.
The current fundamentals are very low and indicate high future returns ... With current oil prices and a promising economic outlook, BP will buy back shares for at least $7 billion next year.
These collaborations will unlock new funding opportunities and expand market access. The future of bp in Africa is promising as the company adapts to the evolving energy landscape and prioritises ...
We think they will cut by 25bp again in December, but the outlook thereafter is less clear and there is a strong chance of a pause at the January FOMC meeting. Previously, the market was expecting the ...
suggesting that BP basically had no idea what it wanted to do with its future, and this should make investors nervous about the whole oil and gas industry. That criticism certainly has a lot of ...
These macroeconomic factors have led to a pessimistic outlook for oil demand ... landscape will likely be a key factor in its future share price performance and long-term success. Remember, while BP's ...
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