BP PLC (LSE:BP.) reported a sharp drop in profitability hit by falling refining margins but still rewarded shareholders with a 10% boost to the dividend.
BP CEO Bernard Looney discusses the energy transition and the company's strategy, going forward.
BP reported a second-quarter profit of $2.6 billion on Tuesday, missing forecasts and dropping 70% from a year earlier on lower fuel prices and weaker oil trading, but still allowing the energy giant
Oil majors have failed to match the bumper profits posted during the same period of last year amid weaker commodity prices.
Wall Street forecasts BP earnings halving due to lower energy prices. But crude oil is rebounding.
On Tuesday comes big oil, booze and sausage rolls, with BP PLC (LSE:BP.) and Greggs.
Lower commodity prices are likely to have affected BP's performance in Q2.
BP (LON: BP) share price was stuck in a tight range this week even as European oil and gas giants published weaker results. The stock was hovering at 480p on Friday, where it has been in the past few
The FTSE 100 index is hovering near the highest level in June as investors reflect on a slew of corporate earnings from some of the biggest constituents. The index was trading at £7,685 on Friday, a
Hydrogen stocks hold a lot of promise currently. The world is undergoing an energy transition that is centered on limiting global warming and overall emissions.
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The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in
BP PLC (LSE:BP.) should still be generating sufficient free cash flow to keep rewarding shareholdings, according to analysts at Berenberg, nonetheless, the European bank sees greater potential elsewhe

3 Hydrogen Stocks for Getting Rich in 2023

07:28am, Wednesday, 19'th Jul 2023
The hydrogen industry is rising to prominence in the global energy complex, responding to the growing demand for clean, eco-friendly energy solutions. The sector is not only shaping the future of ener

New Strong Sell Stocks for July 18th

08:19am, Tuesday, 18'th Jul 2023
AMTX, AU and BP have been added to the Zacks Rank #5 (Strong Sell) List on July 18, 2023.
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