British oil giant BP posted underlying replacement cost profit, used as a proxy for net profit, of $2.8 billion for the second quarter. That beat analyst expectations of $2.6 billion, according to an ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Going by near-term metrics, energy giant BP (LON: BP) has ...

BP p.l.c. is divesting 65% of its Castrol brand to Stonepeak for $6 billion, accelerating its $20 billion divestment plan. BP will use the $6 billion proceeds to reduce net debt, targeting a $14B–$18B ...

LONDON, July 30 (Reuters) - BP (BP.L), opens new tab increased its dividend and extended its share repurchasing programme on Tuesday as it reported a forecast beating second-quarter profit of nearly ...

BP (NYSE:BP | BP Price Prediction) just received a rare same-day double upgrade from Wall Street. Argus moved BP stock to Buy from Hold, and RBC Capital lifted the stock to Outperform from Sector ...

The results come shortly after BP's board suffered a shareholder revolt at its annual general meeting.

The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big boost for the British company following its strategic shift away from ...

BP (BP) closed the most recent trading day at $32.25, moving -2.15% from the previous trading session. This change lagged the S&P 500's daily loss of 0.13%. Elsewhere, the Dow saw a downswing of 0.39% ...