BP p.l.c. Sponsored ADR (BP)
Lightsource bp secured 10 power purchase deals totalling 1.3 GW last year
Renewable energy developer Lightsource bp, a unit of British oil company BP , secured 10 power purchase agreements (PPAs) last year totalling 1.3 gigawatts (GW) of renewable energy capacity globally, the firm said on Wednesday.
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Elliott discloses nearly $5 billion stake in BP, FT reports
Activist investor Elliott Management has disclosed a stake of about 3.8 billion pounds ($4.75 billion) in BP , making it the oil giant's third-largest shareholder, the Financial Times reported on Thursday, citing people close to the matter.
BP Q4 Earnings & Revenues Miss Estimates on Lower Price Realizations
BP Q4 earnings and revenues decline year over year due to lower commodity price realizations and weaker contributions from its customers and products business segment.
BP Promises Big Changes After Attracting An Uninvited Guest
British major integrated company BP announced plans on Monday for what it calls a “new beginning” in its continuing efforts to regain its footing and become more competitive with peer companies like Shell, Chevron, and ExxonMobil.
BP results heighten expectations around strategy update later this month
BP PLC (LSE:BP.) shares struggled for direction after the oil giant reported its lowest quarterly profit for four years but promised to "fundamentally reset" its strategy.
2 Oil Stocks in Focus Amid Earnings, Investments
The shares of energy giants BP plc (NYSE:BP) and Phillips 66 (NYSE:PSX) are moving in opposite directions this morning.
BP p.l.c. (BP) Q4 2024 Earnings Call Transcript
BP p.l.c. (NYSE:BP ) Q4 2024 Earnings Conference Call February 11, 2025 8:00 AM ET Company Participants Craig Marshall - Investor Relations Murray Auchincloss - Chief Executive Officer Kate Thomson - Chief Financial Officer Conference Call Participants Josh Stone - UBS Peter Low - Redburn Biraj Borkhataria - RBC Doug Leggate - Wolfe Al Syme - Citi Irene Himona - Bernstein Lydia Rainforth - Barclays Lucas Herrmann - Exane BNP Matt Lofting - JPMorgan Chris Kuplent - Bank of America Roger Read - Wells Fargo Alejandro Vigil - Santander Michele Della Vigna - Goldman Sachs Paul Cheng - Scotia Giacomo Romeo - Jefferies Craig Marshall Welcome, everybody, to bp's Fourth Quarter and Full Year Results Call. We'll be focusing today's call on the fourth quarter and 2024 performance and the contents of the video that I hope many of you will have seen by now.
BP Faces Declines in EPS, Revenue
BP (BP 6.66%), a global oil and gas company, released its fourth-quarter earnings on Feb. 11, 2025, showing results below expectations. The company reported an EPS of $0.44, which fell short of the $0.46 forecast.
BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake
BP (BP) announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a "significant" stake in the British oil giant.
BP Earnings Miss. How Elliott Stake News Is Affecting the Stock.
The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP says it will review buybacks and capex as part of strategy update
BP PLC (LSE:BP.) released fourth-quarter results that look mostly better than expected, with its remaining $1.75 billion quarterly buyback still in place, but the oil giant said it intends to review buybacks and capex as part of its strategy update later this month.
