BP on Tuesday said it was boosting spending on oil and gas as much as it will on what it calls “transition growth engines,” a sign of both the pushback energy giants have received for their moves
BP PLC (LSE:BP.) posted on Tuesday record annual profits, an increased dividend and a further hefty share buy-back as it raised earnings targets out to 2030.
LONDON–BP PLC became the latest oil giant to post record annual profit last year, joining peers on both sides of the Atlantic in capitalizing on soaring energy prices.
BP reported on Tuesday a record profit of $28 billion in 2022, lifted by a surge in energy prices since Russia's invasion of Ukraine as the company increased its dividend by 10% in a sign of confidenc
The British energy giant posted underlying replacement cost profit, used as a proxy for net profit, of $27.7 billion for 2022.
BP stock has rebounded 57% from Oct. 2020 lows of 14.74. Meanwhile, Exxon Mobil stock has ballooned 258% since then.

Earnings Exchange: PINS, BP & RCL

02:04pm, Monday, 06'th Feb 2023
Jeff Kilburg, KKM Financial founder, joins ‘The Exchange' to discuss a few stocks ahead of earnings, including Pinterest, BP and Royal Caribbean.

BP the focus for investors, Tuesday's agenda

11:01am, Monday, 06'th Feb 2023
Full-year numbers from BP PLC (LSE:BP.) (BP PLC (LSE:BP.)) are certain to spark further calls for an increase in windfall tax on North Sea profits, even if its expected US$10bn tax bill of is its larg

Don't Overthink It, BP Is A Buy

09:37am, Sunday, 05'th Feb 2023
BP is not my absolute top pick among oil stocks, however, the good easily outweighs the bad. The company has been slowed down by heavy investments in alternative energy. However, change may be coming
Calls for a further increase in the windfall tax on North Sea profits seem set to grow louder next week when BP reports its full-year numbers. Shell has already announced the largest profit in its 115
BP p.l.c. is generating tons of free cash flow at current oil prices. It seems likely to me that oil/energy prices do not get crushed given sustained relatively modest CapEx in the industry.
BP (BP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The European oil giant's shares have lagged U.S. majors like Exxon Mobil and Chevron.
TheStreet's J.D. Durkin shares today's major market stories including Bed Bath & Beyond's looming bankruptcy, GM's fourth quarter results, and BP's downward outlook on oil and gas demand.

Top 10 Holdings of Vincent Maddi

10:52pm, Monday, 30'th Jan 2023
Vincent S. Maddi is the Co-Founder and Portfolio Manager at SIR Capital Management.
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