BP’s share price has gained since the beginning of Q2, but Simon Watkins thinks it could soar on huge new oil and gas deals ...
BP is undergoing a strategic pivot, focusing on cash returns and debt reduction while divesting non-core assets and maintaining operational reliability above 95%. Valuation metrics like EV/EBITDA, ...
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.
British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...
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 ...