BP Jan 2022 23.000 put

OPR - OPR Delayed Price. Currency in USD
1.0000
0.0000 (0.00%)
As of 12:16PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close1.0000
Open1.0000
Bid0.0000
Ask0.0000
Strike23.00
Expire Date2022-01-21
Day's Range1.0000 - 1.0000
Contract RangeN/A
Volume2
Open InterestN/A
  • TOTAL to Gain From Adani Venture as India Invests $60B in Gas
    Zacks

    TOTAL to Gain From Adani Venture as India Invests $60B in Gas

    TOTAL (TOT) to gain from the buyout of a stake in Adani Gas, as the move coincides with the government of India's announcement of $60B investment to strengthen gas infrastructure across the nation.

  • Stock Market News For Oct 14, 2019
    Zacks

    Stock Market News For Oct 14, 2019

    Wall Street closed sharply higher on Friday after President Trump said that United States reached first phase of trade deal with China.

  • BP's Q3 Output Takes a Blow, Divestments Ahead of Schedule
    Zacks

    BP's Q3 Output Takes a Blow, Divestments Ahead of Schedule

    BP is going to wrap up the $10-billion divestment program by 2019-end, one year ahead of schedule.

  • BP nears $10B divestment goal early, will take multibillion-dollar writedown
    American City Business Journals

    BP nears $10B divestment goal early, will take multibillion-dollar writedown

    Thus far in its $10 billion divestment program, BP's largest single deal is the $5.6 billion sale of its operations in Alaska to a Houston-based company.

  • Will Chevron (CVX) Sell Its Stake in the ACG Oilfield to MOL?
    Zacks

    Will Chevron (CVX) Sell Its Stake in the ACG Oilfield to MOL?

    Chevron (CVX) is set to relinquish its interest in the giant Azerbaijan oilfield to MOL for a consideration of more than $2 billion.

  • Did BP's (LON:BP.) Share Price Deserve to Gain 20%?
    Simply Wall St.

    Did BP's (LON:BP.) Share Price Deserve to Gain 20%?

    Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

  • Stocks - Roku, Slack Jump, as Oil Companies Gain Premarket
    Investing.com

    Stocks - Roku, Slack Jump, as Oil Companies Gain Premarket

    Investing.com - Stocks in focus in premarket trading on Friday:

  • Financial Times

    BP faces up to $3bn impairment charge after sale of US assets

    On Friday BP said it will sell four packages of legacy gas assets from its US shale business, without disclosing the buyer or the price. In August, BP said it would sell its Alaskan business to Hilcorp for $5.6bn, ending its 60-year history in the US state.

  • Reuters

    UPDATE 1-BP warns of Q3 charges as it spurs $10 bln divestment target

    BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by the end of 2019, a year ahead of schedule. In a statement, London-based BP said it expects to agree asset sales of $10 billion by end-year after its $5.6 billion sale of its Alaskan business to Hilcorp and divestments in U.S. shale gas. BP shares were down 1.1% by 0948 GMT compared with a 1.3% gain in the broader European energy index.

  • MarketWatch

    BP says it expects to sell $10 billion in assets at end of the 2019 -- sooner than expected

    BP PLC on Friday said it plans on selling some $10 billion in assets by the end of 2019, a year earlier than it had expected. The major oil company had announced plans to offload assets last year to shrink its debt ratio. The company in a statement on Friday said it has been selling oil assets in Alaska at a faster clip than had been anticipated, with those divestitures expected to result in a non-cash after-tax charge of $2-3 billion in the company's 2019 full-year results. Shares of BP traded in London were down 0.7% on Friday at 5 pounds. U.S.-listed shares of BP were up 0.7% in premarket action at $37.41.

  • Reuters

    UPDATE 1-Total will not participate in Brazil transfer of rights oil auction -CEO

    France's Total SA , the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for Nov. 6 of the so-called Transfer of Rights area in Brazil's pre-salt region. The company's chief executive officer, Patrick Pouyanné, said in a statement that was because the competitive bidding rounds were for non-operating stakes. A consortium led by Total won the exploration and production rights for an offshore block near the pre-salt region on Thursday, agreeing to pay the government a signing bonus of 4 billion reais ($978 million).

  • Is BP (BP) Stock a Suitable Pick for Value Investors Now?
    Zacks

    Is BP (BP) Stock a Suitable Pick for Value Investors Now?

    Let's see if BP p.l.c. (BP) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

  • Reuters

    UPDATE 3-Brazil raises $2.2 bln in oil auction; Total, Petronas invest big

    Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions. The most heavily sought after areas in the Thursday auction directly border Brazil's so-called pre-salt area, a coveted zone in which billions of barrels of oil are trapped under a thick layer of salt beneath the ocean floor. The biggest move came from a France's Total SA, which, in a consortium with Malaysia's Petronas and Qatar Petroleum, dropped 4.029 billion reais for one block abutting the pre-salt area.

  • Which Energy Stocks Should You Consider Pre-Q3?
    Market Realist

    Which Energy Stocks Should You Consider Pre-Q3?

    Energy stocks are slumping due to falling equity markets and plunging oil prices. So far this month, the S&P; 500 Index has fallen 2.8%.

  • Hedge Funds Aren’t Excited About BP plc  (BP)
    Insider Monkey

    Hedge Funds Aren’t Excited About BP plc (BP)

    Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you’ve got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the […]

  • TOTAL's New Solar Plant in Japan to Take Capacity to 100 MW
    Zacks

    TOTAL's New Solar Plant in Japan to Take Capacity to 100 MW

    TOTAL (TOT) announces that it is going to start the construction of 52 MW Miyagi Osato Solar Park. This is likely to further expand its renewable operations in Japan.

  • BP (BP) Stock Moves -0.27%: What You Should Know
    Zacks

    BP (BP) Stock Moves -0.27%: What You Should Know

    BP (BP) closed the most recent trading day at $36.85, moving -0.27% from the previous trading session.

  • Shell's FID on Pierce Field Brings North Sea Back Into Focus
    Zacks

    Shell's FID on Pierce Field Brings North Sea Back Into Focus

    By dint of this Pierce project, Royal Dutch Shell (RDS.A) is expected to add shareholder value by opening up supplemental gas reserves for UK households and industries.

  • Equinor Divests 25% Arkona Wind Farm Stake Offshore Germany
    Zacks

    Equinor Divests 25% Arkona Wind Farm Stake Offshore Germany

    Equinor (EQNR) is expected to receive EUR 500 million from the Arkona wind farm divestment, almost double of its investment in the same.

  • Big Oil Is Selling Dirty Assets, But They Aren’t Going Away
    Bloomberg

    Big Oil Is Selling Dirty Assets, But They Aren’t Going Away

    (Bloomberg) -- When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to an extra perk from the $5.6 billion sale: a significantly lower carbon footprint.Cutting emissions is important for Dudley, partly because influential shareholders are forcing BP to align its spending with climate goals. But there’s a catch.Hilcorp Energy Co., the buyer of the Alaska assets, plans to pour more money to boost production there than BP would have, according to Dudley. That could end up making the carbon problem worse than it was.The BP boss and his counterparts at the world’s biggest oil companies are caught in a dilemma. Investors are demanding they adhere to the goals of the Paris climate accord, while continuing to generate the mounds of cash that make them among the biggest and most consistent dividend payers.To strike a balance, one of the strategies for the executives is to sell high-cost and high-carbon projects. But that may only offload the emissions problem on to another company.“If one asset just passes to another and still operates at its maximum capacity, OK that may have helped the profile of that individual company, but does that actually do anything on a net effect of reduced emissions?” said Adam Matthews, the director of ethics and engagement at the Church of England Pensions Board. “That’s a legitimate question.”Oil Sands, CoalBP is not the only one passing on the responsibility. Royal Dutch Shell Plc divested its carbon-intensive Canadian oil-sands business in 2017 that is now operating under a new owner. Total SA sold its interest in a similar project, which was dormant, to a buyer looking to revive it. Miner Rio Tinto Plc exited coal by selling some of its assets to Glencore Plc, which plans to keep running them for years.The companies’ actions will be discussed when hundreds of executives gather this week at the Oil & Money conference. The event, which saw noisy protests from pressure group Extinction Rebellion outside its London venue on Tuesday, will change its name to Energy Intelligence Forum next year in a nod to climate change and the energy transition.While the asset sales help reduce costs, Dudley, Shell’s CEO Ben van Beurden and Total’s Patrick Pouyanne will also need to show they’re committed to the environment and not just offloading their responsibility.Still, for some investors selling the high-carbon projects makes the companies more resilient to future climate legislation, and that’s a step in the right direction.If companies can use the funds from the sale of carbon intensive projects to develop lower-intensity production, that’s a “decision that we are generally supportive of,” said Nick Stansbury, head of commodity research at Legal & General Investment Management, one of the largest shareholders of major oil companies.Big ChallengeOil executives say their big challenge is to cut emissions while continuing to supply energy to a growing global economy. Shutting down production can create shortages that could boost prices, reduce affordability and even encourage the start up of new projects.Also read: Norway’s Huge New Oil Project Clashes With Growing Climate FocusTo tackle the “radical changes” required to keep global warming at a safe level, demand for low-carbon energy would have to rise dramatically, said Tal Lomnitzer, a senior investment manager at Janus Henderson Investors. It would have to be aided by government policy changes and involve social pressure, he said.“A much faster transition is technically possible but actors need guidance,” Lomnitzer said. “It’s likely to arrive from the populace and then be expressed via bans, taxes and incentives.”The oil companies support a tax on carbon as a way to discourage emissions, and are promoting natural gas as a cleaner fuel. France’s Total applies a carbon price internally in its assessment of projects, a spokeswoman said, as do others like BP. Qatar, the world’s biggest liquefied natural gas exporter, started a carbon capture and storage project as part of an effort to address concerns about climate change, Energy Minister Saad Sherida Al-Kaabi said Tuesday.Investor pressure is also forcing the oil majors to increase spending on green energy. They’re building wind and solar projects, boosting electric-vehicle infrastructure and reducing the amount of gas they release into the atmosphere. But these investments are still a fraction of overall expenditure.“The transition from Big Oil to Big Energy will certainly take time,” said Rob Barnett, an energy policy analyst at Bloomberg Intelligence. “But we do see things headed in that direction.”(Updates with protests in the eighth paragraph.)\--With assistance from Isis Almeida, Francois de Beaupuy and Kevin Crowley.To contact the reporter on this story: Kelly Gilblom in London at kgilblom@bloomberg.netTo contact the editors responsible for this story: James Herron at jherron9@bloomberg.net, Rakteem Katakey, Amanda JordanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Company News For Oct 7, 2019
    Zacks

    Company News For Oct 7, 2019

    Companies in the news are: COST, BP, HPQ and SRPT

  • Top 5 Companies Owned by British Petroleum (BP, OJSCY)
    Investopedia

    Top 5 Companies Owned by British Petroleum (BP, OJSCY)

    British petroleum giant BP owns many companies that increase its earnings through the sale of its fuel products around the world.

  • Financial Times

    BP’s Bernard Looney takes oil major into energy transition

    When Bob Dudley became BP’s chief executive in 2010 he faced a political and public backlash in the US after the deadly Gulf of Mexico blowout. , BP’s long-term survival is once again under scrutiny amid pressure to act on climate change — a challenge that the entire oil and gas industry is grappling with. in Russia and the oil price crash of 2014, Mr Dudley focused on the “dual challenge” of providing the world with more energy while dramatically reducing emissions.

  • BP CEO Bob Dudley to Step Down in March
    GuruFocus.com

    BP CEO Bob Dudley to Step Down in March

    Bernard Looney selected to succeed him Continue reading...

  • Costco’s weak quarter, HP slashing jobs, BP getting new CEO
    Yahoo Finance

    Costco’s weak quarter, HP slashing jobs, BP getting new CEO

    Costco, HP, BP, MGM Resorts and Apple are the companies to watch.