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BP shares weaken after Q4 impairment warning and softer gas pricing
BP Plc (NYSE:BP) said it expects to recognise post-tax impairment charges of between $4 billion and $5 billion in the fourth ...
BP expects to book $4 billion to $5 billion in impairments in the fourth quarter, mainly related to its energy transition ...
BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...
BP rises despite saying it expects weaker oil trading and falling prices to weigh on Q4 earnings, while expecting net debt to ...
BP plc said it expects to take as much as US$5 billion in writedowns for the fourth quarter, just weeks after replacing its ...
As of 0841 GMT, the blue-chip index FTSE 100 rose 0.3% and the British GBP/USD gained 0.2% against the dollar to above 1.34. DAX index in Germany gained nearly 1%, the CAC 40 in France rose 0.5%.
The update comes as BP is ditching its expensive bet on net zero following a backlash from shareholders. Bernard Looney, the ...
BP Plc said it expects to book up to $5 billion in writedowns linked to its energy transition business, a move that signals a ...
BP Plc said it expects to take as much as $5 billion in writedowns for the fourth quarter, largely related to its transition ...
(Alliance News) - BP PLC on Wednesday said it will take a sizeable charge relating to its energy transition businesses ...
(Alliance News) - BP PLC on Wednesday announced it launched a biofuel feedstock joint venture with Corteva Inc, an ...
BP PLC BP shares advanced 2.41% to £4.37 Tuesday, on what proved to be an all-around dismal trading session for the stock ...
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