Jefferies upgrades BP to 'buy'

4th Mar 2024 10:43

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.

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London close: Stocks manage gains despite UK recession news

15th Feb 2024 14:55

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

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BP and Adnoc agree Egyptian joint venture

14th Feb 2024 10:27

(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.

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London close: Stocks manage gains as oil prices rise

6th Feb 2024 17:39

(Sharecast News) - London's financial markets finished with a positive performance on Tuesday, driven by encouraging data from the UK construction sector and BP's share buyback expansion.

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BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

6th Feb 2024 07:02

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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BP appoints Kate Thomson as its permanent finance chief

2nd Feb 2024 13:14

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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London close: Stocks turn weaker ahead of busy week for earnings

29th Jan 2024 17:25

(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.

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London close: Stocks slip after surprise jump in UK inflation

17th Jan 2024 15:03

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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BP names acting CEO Murray Auchincloss as permanent leader

17th Jan 2024 07:11

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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London close: Stocks rise on positive UK economic data

12th Jan 2024 15:39

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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London close: Stocks manage positive finish after mixed session

8th Jan 2024 16:38

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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London close: Stocks rise as US jobless claims slow

4th Jan 2024 13:07

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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London close: Stocks rise as UK inflation slows further

20th Dec 2023 15:05

(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.

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London close: Stocks manage gains amid holiday slowdown

19th Dec 2023 15:02

(Sharecast News) - London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.

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BP becomes latest to pause Red Sea shipments as attacks continue

18th Dec 2023 11:50

(Sharecast News) - BP has announced that it is halting all oil shipments through the Red Sea, becoming the latest company to pause regional routes after a series of targeted attacks by Yemen's Houthi rebels.

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