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BP (BP) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-11 23:07
BP (BP) closed at $32.11 in the latest trading session, marking a -0.71% move from the prior day. This move lagged the S&P 500's daily gain of 0.61%. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 0.33%. Coming into today, shares of the oil and gas company had gained 2.41% in the past month. In that same time, the Oils-Energy sector lost 2.26%, while the S&P 500 gained 5.36%. The upcoming earnings release of BP will be of great interest to investors. On that day, BP is projected ...
Bullish On Oil? Check Out These 5 Energy Dividends
Forbes· 2024-10-10 15:55
Bull market concept with stock chart getty If you're reading this, I assume you are already bullish on oil. Or at least intrigued by the upside possibility. And why not? There are three reasons crude may continue to crescendo. First, we have the Middle East situation… 'nuff said. Second, it is increasingly looking like the Federal Reserve is cutting rates sans the usual impending recession. Rather than a hard or soft landing, it looks like we will see "no landing" at all in which the economy continues to gr ...
bp Introduces earnify™App: Enhancing the Fuel and Convenience Store Experience
Prnewswire· 2024-10-07 11:58
earnify™ aims to simplify and reward fueling and shopping by integrating an intuitive loyalty program and a streamlined user experience. Exclusive introductory offer includes double points for the first 90 days and 250 welcome points after registration. CHICAGO, Oct. 7, 2024 /PRNewswire/ -- bp (NYSE: BP) announces the launch of earnify™, a cutting-edge app designed to revolutionize the fueling and convenience store experience for consumers. Based on extensive consumer research, earnify™ goes beyond simply r ...
Dividend Harvesting Portfolio Week 187: $18,700 Allocated, $1,744.63 In Projected Dividends
Seeking Alpha· 2024-10-03 13:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha Analyst's Disclosure: I/we have a beneficial long position in the shares of F, BP, CTO ...
BP (BP) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-30 23:16
BP (BP) ended the recent trading session at $31.39, demonstrating a -0.1% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%. The oil and gas company's shares have seen a decrease of 7.48% over the last month, not keeping up with the Oils-Energy sector's loss of 2.47% and the S&P 500's gain of 2.06%. Analysts and investors alike will be keeping a close eye on the per ...
BP Is A European Oil Company With Strong Return Potential
Seeking Alpha· 2024-09-30 13:25
Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. BP p.l.c. (NYSE: BP ) is one of the largest oil companies in the world, with a market capitalization of more than $80 billion. The company has an impres ...
BP: 5.7% Dividend, Buybacks, And A Mid-Single Digit P/E Signal Value
Seeking Alpha· 2024-09-30 13:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha Analyst's Disclosure: I/we have a beneficial long position in the shares of BP, XOM ei ...
30% Gains Left For BP Stock?
Forbes· 2024-09-27 13:00
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, ... [+] on July 29, 2024. (Photo by Aleksander Kalka/NurPhoto via Getty Images) NurPhoto via Getty Images With the stock down 7% so far this year, at the current price of around $32 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP's underlying replacement cost profit (used as a proxy for net profit) was up 4% year-over-year (y-o-y) to $2. ...
BP Eyes Growth in India, Holds Board Meeting to Explore Options
ZACKS· 2024-09-26 14:17
BP plc (BP) ), a leading UK-based energy company, is expanding its presence in India as it explores more business opportunities in the rapidly growing market. Per a Reuters report, the company confirmed on Wednesday that it is holding a board meeting in India this week, emphasizing its strategic interest in the country's oil and gas sector. India, the world's third-largest oil importer and consumer, seeks to increase its stagnant oil and gas production, making it a prime location for BP's future investments ...
BP Stock on the Rise Since Sale of bp Pipelines TAP Stake
ZACKS· 2024-09-24 15:01
BP plc (BP) stock has experienced a gain of almost 2%, since the announcement of an accord with Apollo Global Management, Inc. (APO) on Sept.16. Strategic Importance of BP's Trans Adriatic Pipeline AG Recently, Apollo and BP entered into a deal valued at $1 billion, where Apollo Funds will be granted a noncontrolling shareholding in bp Pipelines TAP Limited, which has about 20% shareholding in Trans Adriatic Pipeline AG (TAP). TAP, the owner and operator of a natural gas transportation infrastructure, repre ...