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BP, Q4
BP Stock Drops After Company Warns of Impairments of Up to $2 Billion in Q4
KEY TAKEAWAYS BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter.BP also forecast "weaker" fourth-quarter refining margins.
BP says drop in refining margins to dent Q4 profit
BP said on Tuesday that lower refining margins would hurt its fourth-quarter profit by $100 million to $300 million and that it expects oil trading to be weak. Global demand for gasoline and diesel has fallen short of expectations,
BP Warns of Weak Q4 Results and Delays Capital Markets Day
BP plc BP has cautioned investors about weak fourth-quarter results due to declining oil and gas production, reduced refining margins and trading setbacks. The company also revealed a delay in its highly anticipated investor day,
18h
BP rises Wednesday, still underperforms market
Shares of BP PLC BP inched up 0.65% to £4.23 Wednesday, on what proved to be an all-around positive trading session for the ...
1d
BP p.l.c. Hold Rating Amid Strategic Transition Challenges and Financial Volatility
BP p.l.c. (BP – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Christopher Kuplent from ...
Zacks.com on MSN
1d
KBR Wins Global EPCM Contract With BP, Strengthens Ties, Stock Up
KBR, Inc. KBR has secured a significant global agreement with BP International Limited to provide engineering, procurement, ...
10d
Down 25% from its one-year traded high, is BP’s share price set to soar on new oil field developments?
BP’s share price has tracked the oil price lower this year, but I think giant new oil deals hold the prospect of huge revenue ...
5h
Berenberg Bank Sticks to Their Hold Rating for BP (BP)
In a report released yesterday, Henry Tarr from Berenberg Bank maintained a Hold rating on BP (BP – Research Report), with a price target of ...
9d
BP rises Monday, outperforms market
BP PLC BP shares advanced 1.50% to £4.14 Monday, on what proved to be an all-around positive trading session for the stock ...
Seeking Alpha
13d
BP continues gains for eight straight sessions
BP
(NYSE:
BP
) shares continued gains for eight straight sessions, as the
stock
closed 1.3% higher at $29.93 on Thursday. The British oil giant gained over 3% in the preceding seven sessions.
12d
BP Executes Share Buyback Program to Enhance Shareholder Value
BP announced a series of share buyback transactions under the authority granted by shareholders during the 2024 Annual ...
1h
BP Eliminates Thousands of Jobs in Cost-Cutting Effort, CEO Says
BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff ...
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