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BP, Q4
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss.
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,
BP Warns of Lower Oil, Gas Output in Q4 Update
BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects upstream production to decline compared to the previous quarter, with decreases in both oil production and gas & low-carbon energy.
BP warns of fourth quarter profit hit as production and refining margins fall
BP warned on Tuesday that lower production, weak refining margins and sluggish trading would see its profit in the fourth quarter of 2024 fall from the previous three months. Since taking the helm a year ago,
36m
on MSN
Judge tosses New York City climate lawsuit against Exxon, BP, Shell
A New York state supreme court justice dismissed New York City's lawsuit seeking to hold Exxon Mobil (XOM), BP (BP) and Shell ...
5h
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit alleging that Exxon Mobil , BP and Shell were liable for misleading the public ...
7h
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 ...
1d
on MSN
BP Expects to Book Up to $2 Billion in Charges, Sees Lower Upstream Production
The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.
13h
BP Prudhoe Bay Royalty Trust To Liquidate Assets For Less Than Market Price
Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...
6h
BP price target lowered to $30 from $31 at Wells Fargo
Wells Fargo lowered the firm’s price target on BP (BP) to $30 from $31 and keeps an Equal Weight rating on the shares. The firm is also ...
Daily Sabah
3h
Iraq, BP to sign mammoth Kirkuk oil, gas deal in early February
Iraq and British oil giant BP are set to finalize a major agreement involving four oil and gas fields in the northern city of Kirkuk in early February, ...
2d
Warning to UK motorists over 'contaminated' fuel from major BP petrol station
Motorists have been issued an urgent warning after dozens of drivers said their cars broke down after they visited a popular ...
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 ...
15h
on MSN
Positive Update on Braves' Ronald Acuña Jr. Revealed Via BP Video
For those craving an update on Ronald Acuña Jr. update, it’s here. The Atlanta Braves star right fielder was recorded taking ...
Convenience Store News
1d
Amazon Go Hires Former bp Executive
Kimberly James has joined Amazon to lead the U.S. convenience categories for its cashierless Amazon Go convenience stores, ...
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