BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

Earnings Call Insights: BP (NYSE:BP) Q4 2024 Management View CEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new final investment decisions (FIDs), such as ...

The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest energy deal of the century—if not ever. But with Shell s ...

BP is undergoing a strategic pivot, ... Refining margins stabilize, upstream hums along, and the market finally warms to the turnaround. The stock climbed into the $34–36 zone.

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

BP attributed the lower profit to weaker realized refining margins – as flagged last month – as well as higher impact from turnaround activity, seasonally lower customer volumes, and fuel margins.

BP’s strategy is predicated on an oil price of $71.5. Brent crude was ... it is going to require a very quick turnaround or the vultures will start to circle and BP will find itself gobbled up ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins, announcing a $1.75 billion share buyback and a pledge to "fundamentally" reset its strategy.

Jonathan Pertchik, CEO of TA, said, “Today’s announcement that BP is acquiring TA for $86 per share is a result of the successful implementation of our turnaround and strategic plans.

BP outlines strategic reset with focus on refining improvements and upstream growth in 2025 Feb. 11, 2025 10:15 AM ET BP p.l.c. (BP) Stock , BPAQF Stock AI-Generated Earnings Calls Insights 1 Comment ...

(Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations. The drop in ...