BP plans to sell all of its Dutch petrol stations
BP plans to sell all 310 of its petrol stations in the Netherlands, a spokesman for the British oil and gas company said on Tuesday, confirming a report in Dutch newspaper AD.
Mideast tensions top risk facing energy markets, says BP CEO
Tension in the Middle East is the top risk facing energy markets, BP CEO Murray Auchincloss told an industry event in Abu Dhabi.
World War 3 on Hold for Now: Grab 5 Ultra-High-Yield Dividend Energy Giants Fast
24/7 Wall St. Insights Spot oil dropped almost 7% after Israel did not target Iranian oil.
4 Things BP Can Do To Convince Investors They Are An Oil Company Again
BP is taking the right steps to act like an oil company again, but more work is needed. Until investors see plans for volume growth, improved returns, and better capital allocation, they may continue to punish the stock. The shares are a Hold, at least until the company's strategy update in February gives us more information.
BP Faces Price Forecast Cuts As Analysts Flag Weak Earnings And Rising Debt Challenges
Analysts cut the price target on BP p.l.c. BP following the company's third quarter results reported on Tuesday.
BP has the ability to return $1.3bn a quarter, according to US bank
Jefferies reaffirmed its price target for BP PLC (LSE:BP.) at £5.40 (a 42% premium to the current share price), citing its commitment to balancing shareholder returns against financial prudence.
BP p.l.c. (BP) Q3 2024 Earnings Conference Call Transcript
Start Time: 09:00 January 1, 0000 10:09 AM ET BP p.l.c. (NYSE:BP ) Q3 2024 Earnings Conference Call October 29, 2024, 09:00 AM ET Company Participants Murray Auchincloss - CEO Kate Thomson - CFO Craig Marshall - SVP and Head, IR Conference Call Participants Josh Stone - UBS Giacomo Romeo - Jefferies Irene Himona - Bernstein Biraj Borkhataria - RBC Doug Leggate - Wolfe Lydia Rainforth - Barclays Peter Low - Redburn Roger Read - Wells Fargo Chris Kuplent - Bank of America Ryan Todd - Piper Alastair Syme - Citi Kim Fustier - HSBC Martijn Rats - Morgan Stanley Matt Lofting - JPMorgan Paul Cheng - Scotia Bertrand Hodee - Kepler Craig Marshall Thank you everyone for joining BP's Third Quarter 2024 Results Call.
BP's Q3 Earnings Top Estimates Over Higher Liquids Production
BP's Q3 earnings gain on increased liquids production volumes. However, revenues witness a year-over-year decline due to weaker refining margins.
BP update and buy back slowdown hints underwhelm
BP PLC (LSE:BP.) scraped past forecasts in its third quarter, notes Jefferies with a comment that it will review the scope for buybacks reflecting the underwhelming tone of the statement.
Refining margins dismal as China weighs on oil demand, BP CEO says
Global refining margins are dismal as global oil demand growth remains below average due to sluggish economic activity in China, BP CEO Murray Auchincloss said on Tuesday.
BP Profit Plummets on Lower Refining Margins, Oil Trading
BP (BP) on Tuesday posted third-quarter profit that fell well short of analysts' forecasts, dragged by weaker refining margins and oil trading.
Oil Market Volatility Sees BP Post Lowest Quarterly Profits In 4 Years
Oil and gas giant BP (LON: BP) has unveiled its lowest quarterly profits since Q4 2020, when the industry's performance took a nosedive during the Covid-19 global pandemic.
