BP (BP) ended the recent trading session at $29.09, demonstrating a +0.45% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 1.07%. Elsewhere, the Dow lost 0.97%, while the tech-heavy Nasdaq lost 1.19%.The the stock of oil and gas company has fallen by 1.19% in the past month, leading the Oils-Energy sector's loss of 8.22% and undershooting the S&P 500's loss of 0.36%.The investment community will be paying close attention to the earnings performance of BP in its u ...

BP plc (BP) has confirmed that operations at its 435,000-barrel-per-day (bpd) Whiting refinery in Indiana have resumed normalcy following a leak from a pipeline transporting liquid material, according to a Reuters report. The company stated that the incident, which took place on Thursday, involved a leak within the refinery's tank field, potentially releasing a liquid that caused odors in the nearby area.BP’s Emergency Response and Monitoring EffortsPer the report, BP responded swiftly, dispatching emergenc ...

In the latest trading session, BP (BP) closed at $28.75, marking a +0.52% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.73% for the day. Meanwhile, the Dow gained 0.16%, and the Nasdaq, a tech-heavy index, added 0.98%.The oil and gas company's shares have seen a decrease of 3.77% over the last month, surpassing the Oils-Energy sector's loss of 9.2% and falling behind the S&P 500's gain of 0.34%.Investors will be eagerly watching for the performance of BP in it ...

BP p.l.c. (NYSE: BP ) is a British multinational oil and gas company, with a valuation of just over $75 billion. The company has a dividend yield of more than 6% and is a “supermajor” oil and gas company. As we'll see throughout this article, theThe Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in ...

BP plc (BP) announced an agreement with the Iraq government to redevelop the Kirkuk oil and gas fields in northern Iraq, per a Reuters report. The deal, finalized on Dec. 19, outlines technical terms for a project that aims to boost the field’s production capacity while incorporating renewable energy solutions such as power plants and solar infrastructure.BP initially signed a broader development agreement with Iraq in August, reaffirming its commitment to the country’s energy sector. Iraq, the second-large ...

BP plc (BP) and XRG, the international energy investment arm of ADNOC, have officially launched their new joint venture, Arcius Energy, following the financial closure of the deal.The platform, designed to develop natural gas assets, will initially focus on Egypt, contributing to the region's energy security and economic development. This marks a milestone in the 50-year partnership between BP and ADNOC, aligning with their strategic goals to build a competitive and sustainable energy future.Arcius Energy i ...

British Petroleum (NYSE: BP ) has been underperforming for more than a decade. The Deepwater Horizon oil spill, a volatile oil price, a slowing demand growth for oil and investments in alternative energy sources, that haven't really paid offAnalyst’s Disclosure: I/we have a beneficial long position in the shares of BP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Al ...

BP plc (BP) , a leading integrated energy company, is shifting its focus from production volumes to maximizing value through disciplined capital allocation and enhanced cash flow resilience. The company is projected to achieve an 11.4% earnings growth next year, marking a recovery from the expected 23.4% decline this year.What's Favoring BP Stock?West Texas Intermediate crude price is trading close to the $70 per barrel mark, proving highly advantageous for BP’s exploration and production endeavors. The ene ...

BP plc’s (BP) subsidiary BP Trinidad and Tobago (“BPTT”) is making significant strides toward achieving its goal of first gas from the Cypre subsea gas development project by 2025. Located off the southeast coast of Trinidad and Tobago, the project represents BPTT’s third subsea development in the region and is poised to enhance the country’s natural gas production capacity.After securing the final investment decision in 2022, BP collaborated with Subsea Integration Alliance and Aquaterra Energy to advance ...

Shares of BP (NYSE: BP ) have become unreasonably cheap in the last several weeks which creates an opportunity, especially for dividend investors. BP announced that it repurchased $1.75B worth of its shares in the fourth quarter which is something that makes aI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and Nv ...