The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.
BP p.l.c. missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. Results showed a clear ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
BP Q4 earnings and revenues decline year over year due to lower commodity price realizations and weaker contributions from ...
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
--BP has committed to maintain its $1.75 billion quarterly buyback. However, consensus expectations are for around $1.0 billion but it could be as low as $750 million due to weak refining margins, RBC ...
BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition.
BP shares are trading higher Monday after activist investment fund Elliot Management built a stake in the British oil company.
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
Fourth-quarter earnings fell short of market expectations, but debt levels fell from the third quarter and BP kept its quarterly repurchase rate constant at $1.75 billion. Management announced ...
BP’s share price has risen on promises of a strategy reset, which I think will extend its more pragmatic energy transition ...