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BP warns of 4th quarter profit hit

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.

The Times of Northwest Indiana · 10h

BP warns of weak fourth-quarter profits

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.

Zacks.com on MSN · 21h

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,

Reuters on MSN · 2d

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,

BP Nears Deals For Oil Fields

Hosted on MSN · 17h

Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a visit to Britain. He said it would be larger than a 2023 TotalEnergies deal in Basra,

BP to start working in Kirkuk oil, gas fields: Governor

British energy giant, British Petroleum (BP), will start working on the development of Kirkuk province’s oil and gas fields, the governor said on Tuesday.

Barron's · 18h

BP Nears Deals For Oil Fields, Curbs On Gas Flaring In Iraq

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.

15h

BP rises Wednesday, still underperforms market

Shares of BP PLC BP inched up 0.65% to £4.23 Wednesday, on what proved to be an all-around positive trading session for the ...

15h

BP call volume above normal and directionally bullish

Bullish option flow detected in BP (BP) with 11,771 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 35.77%. 2/28 ...

الشرق الأوسط3d

Egypt: BP Completes 2 New Gas Wells in Raven Field

British Petroleum (BP) has successfully completed two additional gas wells in the Raven Field, part of its significant West ...

1d

BP falls Tuesday, underperforms market

BP PLC BP shares slid 2.54% to £4.20 Tuesday, on what proved to be an all-around rough trading session for the stock market, ...

BP kick-starts key tender for $7 billion Tangguh UCC project

UK supermajor BP has launched the tender for a key contract for its Tangguh UCC project, which has the potential to unlock ...

British Petroleum adds two new gas wells for production off Egypt's coast

The Ministry of Petroleum and Mineral Resources announced Sunday that drilling for two additional wells in the Raven Gas ...

1d

Wells Fargo Sticks to Their Hold Rating for BP (BP)

In a report released today, Roger Read from Wells Fargo maintained a Hold rating on BP (BP – Research Report), with a price target of $30.00.

Hosted on MSN1d

BP sees drop in Q4 upstream output, says CEO will be back in February

British oil major BP said on Tuesday that it expects its fourth-quarter upstream production to be lower than the third ...

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