BP - BP p.l.c.
| Previous Close | 35.65 |
| Open | 35.85 |
| Bid | 35.40 x 1000 |
| Ask | 35.41 x 800 |
| Day's Range | 35.28 - 35.92 |
| 52 Week Range | 25.37 - 41.38 |
| Volume | |
| Avg. Volume | 8,822,788 |
| Market Cap | 103.346B |
| Beta (5Y Monthly) | 0.59 |
| PE Ratio (TTM) | 4.21 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.51 (4.36%) |
| Ex-Dividend Date | May 11, 2023 |
| 1y Target Est | N/A |
- Zacks
Here's Why Hold Strategy is Apt for BP Shares Right Now
BP is planning to repurchase $1.75 billion in shares before declaring the results for the June-end quarter.
- Zacks
BP Makes Significant Oil Discovery in Norway's North Sea
BP is about to complete drilling the exploration well, which is in licenses 873 and 442 in the Yggdrasil area.
- Simply Wall St.
BP p.l.c. (LON:BP.) is favoured by institutional owners who hold 72% of the company
Key Insights Given the large stake in the stock by institutions, BP's stock price might be vulnerable to their trading...
- The Canadian Press
BP subsidiary agrees to record $40M penalty and pollution-cutting steps at Lake Michigan refinery
TRAVERSE CITY, Mich. (AP) — A BP subsidiary will pay a $40 million penalty and install technology to control releases of benzene and other contaminants at its Whiting oil refinery on the Indiana shoreline of Lake Michigan, Biden administration officials said Wednesday. The actions will settle a civil case against BP Products North America Inc. filed by the U.S. Department of Justice and the Environmental Protection Agency, which described the penalty as the largest ever under the Clean Air Act f
- Reuters
BP unit to pay record $40 million to settle U.S. air pollution civil charges
A subsidiary of BP plc will pay a record-setting $40 million penalty to settle civil U.S. charges that its Indiana-based oil refinery violated federal laws aimed at curbing emissions of cancer-causing benzene in wastewater and other harmful pollutants, the U.S. Justice Department said on Wednesday. The DOJ will require the oil major to make significant investments to curb benzene pollution at its 134 year old Whiting, Indiana refinery, which has a history of violating federal regulations limiting benzene in refinery wastewater streams.
- Reuters
BP targets farms and feedstock as biofuel race gathers pace
BP is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel gathers pace, a senior executive told Reuters. Fuels made from vegetable oil, waste cooking oil and grease are expected to play a central role in reducing greenhouse gas emissions for the truck and aviation sectors where alternatives such as batteries and hydrogen remain elusive. The tripling is in line with forecasts from analysts at Barclays that predict global biofuel demand of 30 million tonnes by the end of the decade, compared with some 10 million tonnes now, and today's crude oil demand of around 102 million bpd.
- Zacks
The Zacks Analyst Blog Highlights Microsoft, BP, Zoetis, Lululemon Athletica and Weyerhaeuser
Microsoft, BP, Zoetis, Lululemon Athletica and Weyerhaeuser are part of the Zacks top Analyst Blog.
- Reuters
PRESS DIGEST-British Business - May 15
The following are the top stories on the business pages of British newspapers. BP Plc has rebuffed an appeal from its pension trustees to increase payouts to help thousands of retired staff to manage the "challenging set of circumstances" raised by the energy crisis from which it has generated record profits. U.S.-based thinktank Carbon Tracker Initiative said that asset managers have invested $376 billion in oil and gas companies, despite publicly pledging to back efforts to limit global temperature rises to 1.5C.
- Zacks
Top Stock Reports for Microsoft, BP & Zoetis
Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), BP p.l.c. (BP) and Zoetis Inc. (ZTS).
- Reuters
BP ventures back into oil frontiers to boost output
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies try to balance pressure to slash climate-warming pollution against a desire to capitalise on soaring profits from oil and gas sales, even as governments work to tame energy prices following Russia's invasion of Ukraine. BP said that on Monday it started drilling a wildcat, or exploratory, well far off the east coast of Canada which could open a new oil province in one of the world's most remote locations.
- Zacks
BP Tops on Q1 Earnings, Plans to Repurchase $1.75B Shares
An increase in oil-equivalent production volumes aids BP's earnings in Q1.
- Simply Wall St.
Should You Buy BP p.l.c. (LON:BP.) For Its Upcoming Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Yahoo Finance
'A debacle in the financial markets ... will definitely have collateral damage in oil,' says analyst
Lower oil prices have played out in tandem with the regional banking turmoil.
- Sky News
Oil giant BP hoists for sale sign over venture arm companies
BP is exploring a sale of two of the companies owned by its early-stage ventures arm in a move which could raise tens of millions of pounds. Sky News has learnt that the FTSE 100 company's Launchpad division has begun contacting prospective buyers of Lytt and Onyx Insight in recent weeks. Lytt transforms large amounts of data from sensors into actionable insights, which enables it to detect blockages in oil wells more efficiently.
- Bloomberg
India EV-Only Uber Rival Raises $42 Million in BP-Led Round
(Bloomberg) -- BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs.Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourTreasuries Advance After CPI; Stocks Edge Higher: Markets Wra
- Yahoo Finance UK
Wall Street mixed ahead of Fed interest rate decision as FTSE closes higher
Markets keenly awaiting the US Federal Reserve's interest rate decision later this evening.
- Simply Wall St.
Are BP p.l.c.'s (LON:BP.) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
It is hard to get excited after looking at BP's (LON:BP.) recent performance, when its stock has declined 7.7% over the...
- Yahoo Finance Video
Blackberry, BP, Sprouts Farmers Market: Tuesday's trending tickers
Yahoo Finance's Rachelle Akuffo takes a look at some of the top trending tickers through the morning of Tuesday's trading day.
- Evening Standard
BP reports blockbuster profit for the first quarter but slows from 2022’s record-breaking pace
Shares in the FTSE 100 oil major fall as rate of share buybacks also eases
- The Guardian
BP’s profits labelled ‘heinous’ as calls grow for tougher windfall tax
Oil and gas company beats analysts’ forecasts, with profits reaching $5bn in first three months of year
- The Canadian Press
BP posts $5B quarterly profit on strong oil and gas trading
LONDON (AP) — British energy giant BP posted a strong quarterly profit on Tuesday even as oil and natural prices that soared after Russia's war in Ukraine last year have eased off. London-based BP said it earned $5 billion in underlying replacement cost profit in the first three months of the year, up from $4.8 billion in the previous quarter. The figure excludes one-time items and fluctuations in the value of inventories. The company said the earnings report "reflects an exceptional gas marketi
- Reuters
BP pays $1 billion under Britain's windfall tax
BP expects to pay $1 billion under Britain's windfall tax on the oil and gas sector between May 2022 and April 2023, the company said on Tuesday. BP paid a total of $650 million in tax in Britain in the first quarter of 2023, of which $300 million came under the Energy Price Levy (EPL), a company spokesperson said after BP reported a $5 billion quarterly profit. The British government imposed a 25% windfall tax on oil and gas producers last May in the wake of soaring energy prices after Russia's invasion of Ukraine.
- Yahoo Finance UK
Wall Street slides and FTSE closes in the red as Fed meeting gets underway
Shares in two regional US banks have been paused amid fresh concerns about the health of the financial sector in the wake of the rescue of First Republic.
- PA Media: Money
Calls for ‘loophole’ to be closed as BP profits are £500m ahead of expectations
‘These enormous profits are the unearned, unexpected windfalls of war,’ said Labour shadow energy secretary Ed Miliband.
