BP's profit slid less than expected in the third quarter as weak oil prices and refining margins continue to weigh on the energy sector. The British oil-and-gas giant on Tuesday booked an underlying ...
BP’s stock price target has edged higher, with recent analysis increasing its fair value estimate from $4.59 to $4.72 per share. Analysts point to a lower discount rate and rising confidence in BP's ...
British energy giant BP on Tuesday beat market views with $2.76 billion in underlying replacement-cost profit compared with consensus of $2.54 billion and last year's $2.59 billion as its upstream ...
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 ...
(RTTNews) - British energy major BP Plc reported Tuesday a replacement cost or RC loss in its second quarter, compared to prior year's profit, hit by hefty charges and weak revenues. Underlying RC ...
BP is undervalued, offering a strong dividend and steady cash returns amid cautious investor sentiment and negative headlines. BP's shift to core oil and gas operations, disciplined spending, and ...
BP’sBP-0.14%decrease; red down pointing triangle profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector. The ...
BP (BP) has implemented a hiring freeze and paused new offshore wind projects as its new CEO Murray Auchincloss shifts focus back to oil and gas investments, aiming to address investor concerns over ...
Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Going by near-term metrics, energy giant BP (LON: BP) has ...
BP’sBP1.24%increase; green up pointing triangle underlying profit rose in the second quarter, beating market forecasts after higher volumes offset significantly lower refining margins, while ...