BP's Whiting refinery restarts after flooding sent its units offline, with Midwest fuel prices expected to feel the strain.
Zacks.com users have recently been watching BP (BP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
BP delivered strong Q2 results, beating earnings and revenue estimates due to strong profitability in its core business. The energy enterprise makes an attractive value proposition, trading at a significant discount to U.S. energy rivals despite solid profitability and capital returns. BP is planning on spending $10B annually on major projects in the upstream segment which could help the company accelerate its earnings growth in the years ahead.
BP considers teaming with Petrobras to develop its biggest oil discovery in 25 years despite high CO2 levels raising viability concerns.
UBS is flagging the prospect of volatility in the oil market as the United States ramps up pressure on countries still buying Russian crude, but the bank sees any price spikes as likely to be short-lived thanks to spare capacity and a looming surplus. With an 8 August deadline set by President Trump for a Ukraine ceasefire, the US has vowed to penalise buyers of Russian energy, focusing on India and China, and threatening fresh sanctions on shadow fleets that help Russia move oil.
BP PLC (LSE:BP.) new discovery offshore Brazil could be worth somewhere between $10 billion and $20 billion, that's according to analysts at Citi.
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BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence and driving outperformance vs. peers. Strategic divestments in renewables and downstream, alongside major new oil discoveries, reinforce the company's pivot back to its core oil business. Operational reliability and cost-cutting should help BP deliver its plan of free cash flow growth and debt reduction, maintaining a dividend yield around 6%.
After a good few years of disappointment languishing in the shadows of Big Oil rivals, executive departures, costly renewables forays, rumors of a takeover and an activist investor on its back, BP (LON: BP) has finally signalled to the market and its investors that a change might be on the horizon, backed up an improved quarterly performance.
BP p.l.c. (NYSE:BP ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Craig Marshall - Group Head of Investor Relations Emeka Emembolu - Executive Vice President of Technology Gordon Birrell - Executive Vice President of Production & Operations Katherine Anne Thomson - CFO & Director Murray Auchincloss - CEO & Director Conference Call Participants Biraj Borkhataria - RBC Capital Markets, Research Division Christopher Kuplent - BofA Securities, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Henry Michael Tarr - Joh. Berenberg, Gossler & Co. KG, Research Division Irene Himona - Sanford C.
BP Q2 earnings beat on stronger oil output, but revenues fall year over year amid weaker price realizations.
Investors shouldn't overlook BP PLC (LSE:BP.) Bumerangue discovery in Brazil, not according to analysts at Citi.