Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green ...
BP (LSE:BP.) shares posted mild gains this week, closing at £4.33. Investors are tracking steady results in the energy sector ...
BP’s stock narrative has shifted as analysts adjust their price targets in response to evolving market and company ...
Major BP (NYSE:BP) shareholder Elliott Management wants the company's incoming chairman to urgently improve the cost base and capital allocation, Bloomberg reported Monday, after the company named ...
Albert Manifold’s message signaled more asset sales as it attempts to shore up its balance sheet while boosting valuations ...
The company has continued to perform well operationally with its focus on oil and gas operations. The company has managed to maintain 95+% refinery availability with ~$6/barrel upstream production ...
Trading around $34 per share, BP’s leading performance appears appealing, but the underlying narrative is more complex.
The company is in the midst of a strategic reset and review of its portfolio as it seeks to shore up its balance sheet amid declining profitability and pressure from an activist investor.
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BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...