BP Profit Falls More Than Expected, Buybacks Maintained

BP maintained the pace of its share buybacks even as first-quarter profit and cash flow fell by more than expected and net-debt increased. Anthony Di Paola reports on Bloomberg Television.

BP profits fall, seeks $2bn in cost savings

BP plc reported a profit of $2.3 billion attributable to shareholders in the first quarter, a significant decrease from $8.2 billion in the same period last year. The less-favourable comparison ref...

BP Posts Weaker Profit, Misses Expectations

BP's first-quarter profit was hit by lower oil and gas trading but it confirmed a $1.75 billion share buyback.

BP reports Q1 profits of $2.7 billion, missing forecasts

BP reported on Tuesday first quarter earnings of $2.7 billion, missing forecasts, while the company extended its $1.75 billion share repurchase programme.

BP-Eni JV signs agreement for Namibia offshore license

A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.

Here's Why You Should Bet on BP Stock Ahead of Q1 Earnings

Given its substantial buyback programs, a pipeline of upstream projects, significant downstream operations, and attractive valuation, it is wise for investors to buy BP before its Q1 earnings release.

BP p.l.c.: The Dividend Growth Should Continue To Be Special

Finding investments with growth and strong cash flow is challenging, but the oil industry has been performing well since the pandemic. BP has been one of the best-performing oil majors, offering in...

BP (BP) Registers a Bigger Fall Than the Market: Important Facts to Note

BP (BP) reachead $38.22 at the closing of the latest trading day, reflecting a -1.42% change compared to its last close.

Is BP (BP) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how BP (BP) and Permian Resources (PR) have performed compared to their sector so far this year.

Is BP (BP) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the lat...

Is BP Reshaping Its Energy Transition Business Priorities?

Following his predecessor Bernard Looney's sudden departure last year, BP CEO Murray Auchincloss' was left carrying the can for the company's strategy calling for growing renewables and reducing oi...

BP (BP) Ascends While Market Falls: Some Facts to Note

BP (BP) concluded the recent trading session at $38.52, signifying a +1.58% move from its prior day's close.

BP (BP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

The latest trading day saw BP (BP) settling at $37.92, representing a -1.17% change from its previous close.

Two female execs leave UK energy giant BP in wake of ex-CEO Bernard Looney scandal

Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.

3 UK oil stocks to invest in as Middle East tensions rise

The year 2024 has faced many headwinds so far – but arguably the most devastating has been the ongoing conflict in the Middle East. With far-reaching implications, some of the markets most impacted...


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