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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.
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.
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,
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 expects weaker Q4 2024 performance, reschedules capital markets day
BP expects lower production in the upstream segment in the fourth quarter (Q4) compared with Q3, affecting both oil production and operations and gas and low-carbon energy.
BP delays investor day after CEO's medical procedure, sees lower Q4 upstream production
BP (NYSE:BP) -1.3% pre-market Tuesday after saying Q4 results will be hurt by lower oil and gas production, refining margins and trading, while also delaying its investor day due to a planned medical procedure by CEO Murray Auchincloss.
BP nears deals for oil fields
BP, Iraq set to sign massive Kirkuk oil and gas deal, oil minister says
BP (NYSE:BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued at $27B,
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.
Iraq, BP to sign major Kirkuk fields deal worth over $27bn
By bnm Gulf bureau Iraq will sign a massive deal with BP covering four Kirkuk oil and gas fields by early February that will exceed the value of TotalEnergies' $27bn Basra agreement, Oil Minister Hayan Abdel-Ghani told Reuters during his UK visit on January 15,
2h
on MSN
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public ...
10h
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 ...
10h
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 ...
Upstream
3h
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 ...
2d
BP rises Monday, outperforms market
BP PLC BP shares rose 1.43% to £4.31 Monday, on what proved to be an all-around poor trading session for the stock market, ...
23h
BP Prudhoe Bay Royalty Trust To Liquidate Assets For Less Than Market Price
Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...
19h
Barclays Keeps Their Buy Rating on BP p.l.c. (BP)
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 ...
6d
BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
2d
Warning to UK motorists over 'contaminated' fuel from major BP petrol station
Motorists have been issued an urgent warning after dozens of drivers said their cars broke down after they visited a popular ...
17h
BP p.l.c. Hold Rating Amid Strategic Transition Challenges and Financial Volatility
BP p.l.c. (BP – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst Christopher Kuplent from ...
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Iraq
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