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 upstream production to decline compared to the previous quarter, with decreases in both oil production and gas & low-carbon energy.
BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas ...
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...
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 ...
BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...
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BP Halts Shah Deniz Output After Pipeline Issue in Caspian SeaBP halts production at its Shah Deniz Alpha platform in the Caspian Sea due to a pipeline issue, coinciding with Azerbaijan's ...
A group of Palestinian-British individuals has taken initial steps to bring British Petroleum (BP) to court, accusing the company of aiding and abetting war crimes and crimes against ...
The company's ADS shares are 6:1 with British shares, which means its BP shares pay $0.48/share/quarter. That's a 6.4% dividend yield, and the company can afford it at ~$40/barrel breakeven.
The Internal Revenue Service has priority over a $1 million payout received by a Florida staffing company from the Deepwater Horizon oil spill settlement, outstripping the bankruptcy claim of an ...
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