BP, Q4
BP Warns of Lower Oil, Gas Output in Q4 Update
BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects upstream production to decline compared to the previous quarter, with decreases in both oil production and gas & low-carbon energy.
BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.
BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...
Barclays analyst Lydia Rainforth maintained a Buy rating on BP p.l.c. (BP – Research Report) today and set a price target of £6.50. The ...
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
BP forecasts that weaker realized refining margins will dent the Q4 earnings by up to $300 million. Refinery turnaround ...
In a report released today, Paul Cheng from Scotiabank maintained a Hold rating on BP (BP – Research Report), with a price target of $36.00.
The company’s update is another indication of a fourth-quarter fall in earnings for the world’s largest energy companies.
BP (NYSE:BP) plans to increase oil production at India's largest field by 44% and gas production by 89%, state-controlled Oil ...
BP warned today that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, ...
Oil prices have been falling since April causing BP shares to do the same. But Stephen Wright thinks there’s much more to the ...
In the five quarters Auchincloss has presided over since becoming interim chief executive in September 2023, BP has missed ...
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