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BP ( ($BP) ) has risen by 7.90%. Read on to learn why. BP’s stock has experienced a notable rise of 7.90% over the past week, driven by several key ...
Analyst Doug Leggate of Wolfe Research maintained a Buy rating on BP (BP – Research Report), with a price target of $50.00. Discover outperforming stocks and invest smarter with Top Smart Score ...
While InvestingPro assigns BP a "GOOD" overall Financial Health Score of 2.62, with particularly strong marks in relative value, the company's debt-to-equity ratio of 1.06 is considered higher ...
BP recently reported its fiscal Q3 2019 results. Underlying profit came in significantly lower on the back of lower realized oil and gas prices.
BP will take a writedown of up to $17.5 billion in its second-quarter earnings after sharply lowering its long-term oil and gas price outlook as it now expects a faster transition away from fossil ...
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs. According to Bloomberg and Reuters and CNBC, which each cited a memo ...
I was, therefore, expecting a similar performance from BP, but the company reported negative free cash flows of $2.23 billion ($2.43Bn cash flow vs. $4.66Bn capex).
Furthermore, BP's focus on returns could lead to more disciplined investment decisions, potentially resulting in higher-quality projects with better risk-adjusted returns. This approach may help the ...
BP's stock has underperformed compared to its peer group, with InvestingPro data showing a -15.3% return over the past six months and currently trading near its 52-week low. Despite this ...