Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street.
BP (BP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas prices, CEO Murray Auchincloss said on Tuesday.
BP PLC (LSE:BP.) shares may be under scrutiny, but RBC Capital believes the oil giant can win back investor confidence — if it can get ‘runs on the board' with its asset sales.
BP PLC (LSE:BP.) and activist investor Elliott Management are both preparing for a potential battle at the annual shareholder meeting next month, both using newspapers to put their side across over the weekend.
BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million metric tons of carbon dioxide equivalent respectively in 2024, it said in its annual report on Thursday.
Saudi Aramco is in the early stages of considering a potential bid for BP's lubricant business Castrol, according to a person with knowledge of the matter.
BP said on Wednesday it had detected low-rate subsea gas bubbles at a well in its Greater Tortue Ahmeyim (GTA) project, situated offshore between Mauritania and Senegal.
BP states that annual spending on oil and gas will rise by almost 20%, while the same on renewable energy businesses will be cut by more than $5 billion.
When investors try to gauge the market's sentiment for a group of stocks, they typically look at who has been buying into them lately with the hopes of understanding the reasoning behind these decisions. However, buying stock is not the only way large traders and market participants express their bullish views on a company's future.
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 PLC's (LSE:BP.) strategy update to investment more in oil & gas and less in renewables was largely in line with expectations for investment banking analysts, but they warned the company faces "execution risks" as it needs to hit the top end of targets to really impress markets.