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BP vows 'fundamental reset'
BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that investor Elliott Management had built up a stake.
BP vows ‘fundamental reset’ as profit plunges
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.
BP executive promises 'reset' after profits fell in 2024
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an influential activist investor.
18h
BP PLC (BP) Q4 2024 Earnings Call Highlights: Strategic Progress and Shareholder Returns Amidst ...
BP PLC (BP) reports increased upstream production, a 10% dividend hike, and $7 billion in share buybacks, while navigating ...
12h
BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
1d
BP Q4 Results: Lower Revenue, Rising Debt, CEO Pledges Fundamental Strategy Shift And More
BP PLC shares are trading lower after the company reported fourth-quarter results. Sales and other operating revenues came in ...
1d
BP Q4 Earnings & Revenues Miss Estimates on Lower Price Realizations
BP Q4 earnings and revenues decline year over year due to lower commodity price realizations and weaker contributions from ...
1d
on MSN
BP sees Indiana refinery running at capacity this year after major Q4 maintenance
BP expects its Whiting refinery in Indiana will run at full capacity this year after completing a major maintenance ...
1d
BP reports Q4 underlying EPS 44c, consensus 47c
Reports Q4 revenue $48.08B, consensus $47.51B. CEO Murray Auchincloss said: “In 2024 we laid the foundations for growth. We have been reshaping ...
20h
on MSN
Aker BP raises dividend after Q4 core profit beat
OSLO (Reuters) -Norwegian oil and gas group Aker BP said on Wednesday it had raised its quarterly dividend by 5% after ...
2d
BP Set To Report Q4 Earnings As Elliot Management Builds Stake: Declining Margins, Revenues In The Spotlight
BP shares are trading higher Monday after activist investment fund Elliot Management built a stake in the British oil company.
1d
BP: Q4 Earnings Snapshot
LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the London-based ...
19h
Aker BP raises dividend, eyes higher capital spending
Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...
Stocktwits on MSN
1d
BP Stock Falls Premarket After Q4 Profit Miss: Retail Shrugs It Off
BP Plc (BP) stock fell 0.9% in premarket trade on Tuesday after the oil major’s fourth-quarter earnings missed analyst ...
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