BP p.l.c. Sponsored ADR (BP)
BP Plans to Divest Offshore Wind Stakes, Cut Back on Renewables
BP remains focused on developing offshore wind projects. However, the company will prioritize its high-margin businesses rather than aggressively reducing emissions.
BP reportedly mulling offshore wind stake sale
BP PLC (LSE:BP.) is reportedly considering selling a minority stake in its offshore wind business under efforts to further scale back renewable energy operations.
Exclusive: BP weighs sale of minority stake in offshore wind business, sources say
BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company's focus on renewables.
BP Faces Headwinds Over Weaker Refining Margins & Sluggish Oil Demand
BP's third-quarter refining margins are expected to drop $400-$600 million sequentially. The company also anticipates higher net debt in the quarter.
Activist Investor Doubles Down on Calls for Executive Changes at BP
U.K. activist investor Bluebell Capital Partners is pushing BP to remove its chairman and lead independent director.
BP (BP) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, BP (BP) closed at $32.11, marking a -0.71% move from the previous day.
BP says lower refining margins will hit profits by up to $600 million
BP said it expects the global slump in refining margins will see it take a $400 million to $600 million hit to its profits after Shell made a similar warning this week
BP refining margins drop sharply as oil price weakens
BP PLC (LSE:BP.) has warned that weak refining margins and lower oil prices have affected its third-quarter numbers.
BP says weak refining margins to hit Q3 profit
BP said a drop in refining margins would reduce its third-quarter profit by $400 million to $600 million from the previous three months.
Bullish On Oil? Check Out These 5 Energy Dividends
If you're reading this, I assume you are already bullish on oil. Or at least intrigued by the upside possibility.
BP p.l.c. (BP) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to BP (BP). This makes it worthwhile to examine what the stock has in store.
Last Call as Oil Heads Back to $80: Investors Are Buying 5% High-Yield Dividend Giants
24/7 Wall St. Insights After a solid start to 2024, the energy sector is up less than 5%.
