BP lifts dividend despite slump in profits
4th Feb 2020 07:02
(Sharecast News) - Oil and gas giant BP reported better-than-expected full year results and lifted its dividend despite a weaker price environment that led to a sharp fall in profits.
Read moreTuesday preview: Coronavirus, BP in focus
3rd Feb 2020 14:01
(Sharecast News) - The focus on Tuesday was likely to continue to be on the 2019-nCoV coronavirus in China and updates regarding the pace of new infections as traders continued to look for confirmation in the data that they might be slowing.
Read moreTrump dilutes new environmental legislation after BP lobbying
23rd Jan 2020 11:48
(Sharecast News) - Trump watered down a landmark environmental law which could allow major infrastructure projects to avoid certain checks after BP lobbied against it.
Read moreBrian Gilvary to step down as BP finance chief
21st Jan 2020 07:42
(Sharecast News) - BP announced on Tuesday that its chief financial officer Brian Gilvary has decided to retire from the company and step down from its board on 30 June, having had a 34-year career with the company, including more than eight years as CFO.
Read moreTuesday broker round-up
14th Jan 2020 11:54
(Sharecast News) - DFS: Jefferies downgrades to hold with a target price of 275p.
Read moreTuesday broker round-up
7th Jan 2020 12:31
(Sharecast News) - SSE: Goldman Sachs downgrades to neutral with a target price of 1,461p.
Read moreBP CEO asks environmentalists to be 'realistic', saying fossil fuels industry is 'vital'
11th Nov 2019 15:34
(Sharecast News) - Bob Dudley, outgoing BP CEO said at ADIPEC in Abu Dhabi on Monday that fossil fuels companies' efforts to secure a lower carbon future are realistic and called for environmental campaigners to remember how vital the current energy mix is to millions of people.
Read moreCredit Suisse cuts BP target, but backs deleveraging plans
31st Oct 2019 14:22
(Sharecast News) - As large as it might seem, BP is in fact "a smaller and more nimble version of its former self" analysts at Credit Suisse said, even as they reiterated their 'neutral' recommendation for the shares and cut their target price.
Read moreBerenberg stays at 'buy' on BP, says higher shareholder returns may arrive with full-year results
29th Oct 2019 15:29
(Sharecast News) - Berenberg sounded a positive note on shares of BP on Tuesday following the oil major's third quarter trading statement.
Read moreBP Q3 profit dives on divestment charges but beats expectations
29th Oct 2019 07:24
(Sharecast News) - BP on Tuesday reported a 41% fall in third-quarter net profit due to the impact of a divestment programme, lower oil prices, maintenance and extreme weather in the US Gulf of Mexico.
Read moreTuesday preview: Vote in Parliament, BP in focus
28th Oct 2019 14:58
(Sharecast News) - The focus on Tuesday will be on a vote in Parliament on whether to hold fresh general elections on 9 December.
Read moreCiti makes case for BP over Shell
23rd Oct 2019 16:13
(Sharecast News) - Analysts at Citi reiterated their preference for shares of BP over rival Shell, telling clients that while they were both sporting similar dividend yields, of 6.0% and 5.6%, respectively, the foundations for shareholder income at the former were "very different".
Read moreThursday broker round-up
17th Oct 2019 13:11
(Sharecast News) - Weir Group: UBS downgrades to neutral with a target price of 1,450p.
Read moreInvestors mull impact of US Democrats win in 2020 elections
9th Oct 2019 12:57
(Sharecast News) - A Democratic victory in the next US presidential elections could turn into a 'big headache' for the oil majors on both sides of the Atlantic, analysts at Berenberg said.
Read moreBP CEO Dudley to retire; Replaced by Bernard Looney
4th Oct 2019 07:01
(Sharecast News) - BP chief executive Bob Dudley said he would step down next February after nine years at the helm and be replaced by Bernard Looney, who heads up the oil giant's upstream operations.
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