The oil giant also says it is suspending its share buyback programme ahead of the arrival of its new boss.
By buying back its own shares, a company can sometimes boost its stock price because each share represents a larger stake in ...
BP has said it expects second quarter results next month to be impacted by lower oil and gas prices. Crude oil prices average $67.9 per barrel over the three-month period, compared with $75.7 per ...
BP (BP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this oil ...
BP has suspended its share buyback programme as it wrote down around $4 billion in its renewables and biogas businesses ahead of a new CEO taking the helm, as it reported quarterly profit that met ...
BP reported underlying second-quarter net profit of $2.35 billion, comfortably beating analyst expectations. The results come as the British oil and gas company continues to try to rebuild investor ...
Shell has rejected reports its in talks to buy BP, but speculation continues to mount over potential bids. CEO Murray Auchincloss’s strategy reset in February has so far failed to impress investors.
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