BP - BP p.l.c.

NYSE - NYSE Delayed Price. Currency in USD
39.35
+0.12 (+0.31%)
At close: 4:01PM EDT

39.35 0.00 (0.00%)
Pre-Market: 5:20AM EDT

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Previous Close39.23
Open39.34
Bid39.32 x 2900
Ask39.34 x 2900
Day's Range39.15 - 39.47
52 Week Range36.28 - 47.16
Volume6,869,254
Avg. Volume5,387,720
Market Cap132.8B
Beta (3Y Monthly)0.56
PE Ratio (TTM)13.44
EPS (TTM)2.93
Earnings DateN/A
Forward Dividend & Yield2.46 (6.27%)
Ex-Dividend Date2019-05-09
1y Target Est49.83
Trade prices are not sourced from all markets
  • Veteran energy analyst sees 'generational' opportunity in big oil stocks
    Yahoo Finance13 hours ago

    Veteran energy analyst sees 'generational' opportunity in big oil stocks

    A veteran oil analyst sees a "generational" opportunity in big oil stocks, which are paying high dividend yields and have lagged oil prices this year.

  • Reuters8 hours ago

    PRESS DIGEST- British Business - July 23

  • BP (BP) Outpaces Stock Market Gains: What You Should Know
    Zacks12 hours ago

    BP (BP) Outpaces Stock Market Gains: What You Should Know

    BP (BP) closed at $39.35 in the latest trading session, marking a +0.31% move from the prior day.

  • Moody's13 hours ago

    Bunge Limited -- Moody's says bioenergy joint venture is credit positive

    Moody's Investors Service ("Moody's") says bioenergy joint venture is credit positive because it allows Bunge Limited to reduce debt, de-risk its sugar assets, which have struggled over the past decade, and get a strong partner in the process. On July 22, Bunge Limited (Baa3 stable) announced that it would form a 50:50 joint venture with BP p.l.c.

  • Market Realist18 hours ago

    Will Chevron Outperform ExxonMobil in Q2?

    Chevron (CVX) and ExxonMobil (XOM) are scheduled to post their second-quarter earnings results on August 2.

  • Benzinga18 hours ago

    Bunge, BP Form Joint Venture To Create A Bioenergy Company In Brazil

    Bunge Limited (NYSE: BG) announced an agreement with BP plc (NYSE: BP) to form a 50/50 joint venture that will create a bioenergy company in Brazil. Bunge will receive cash proceeds of $775 million in the transaction. The joint venture, to be called BP Bunge Bioenergia, will operate on a standalone basis, with a total of 11 mills located across the Southeast, North and Midwest regions of Brazil.

  • Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor
    Reuters22 hours ago

    Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor

    U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world's third-largest sugarcane processor. The joint venture is the largest deal in Brazil's bioenergy sector since Royal Dutch Shell joined forces with Cosan to form industry leader Raízen in 2011.

  • Reuters23 hours ago

    UPDATE 3-Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor

    U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world's third-largest sugarcane processor. The joint venture is the largest deal in Brazil's bioenergy sector since Royal Dutch Shell joined forces with Cosan to form industry leader Raízen in 2011.

  • PR Newswire23 hours ago

    Bunge and BP to Create a Leading Bioenergy Company

    WHITE PLAINS, N.Y., July 22, 2019 /PRNewswire/ -- Bunge Limited (BG) ("Bunge" or "the Company"), a leader in agriculture, food and ingredients, today announced an agreement with BP plc (BP) to form a 50:50 joint venture that will create a leading bioenergy company (the "joint venture") in Brazil, one of the world's largest fast-growing markets for biofuels. Bunge will receive cash proceeds of $775 million in the transaction, comprising $700 million in respect of non-recourse Bunge debt to be assumed by the joint venture at closing, and $75 million from BP, subject to customary closing adjustments. The proceeds will be used to reduce outstanding indebtedness under the Company's credit facilities, resulting in a stronger balance sheet and greater financial flexibility.

  • Bloomberg2 days ago

    Iran Confrontation With U.K. Reflects History of Bad Blood

    (Bloomberg) -- The reopening of the British embassy in Tehran was meant to usher in a new era in relations. As the Union Jack flag was raised above the lush, landscaped gardens of the complex in August 2015, then-Foreign Secretary Philip Hammond said the event marked “an important milestone.”That was just six weeks after an international accord was reached to restrict Iran’s nuclear program in return for relief from penalties that had strangled its economy. But since the accord started to unravel last year, tensions between Britain and Iran have been growing.Then came Friday’s dramatic seizure of a British-linked tanker in the Gulf, a tit-for-tat response to the U.K.’s detention of a vessel carrying Iranian oil through the Mediterranean Sea. The U.K. has threatened Iran with “serious consequences,” which could include a package of sanctions.How did things get so bad? The U.K. is after all part of a European trio trying to rescue the nuclear deal U.S. President Donald Trump pulled out of, triggering its demise. But it is also breaking away from the European Union and desperate for a free-trade agreement with the U.S., still the world’s dominant economy.It’s ComplicatedIn short, its geopolitical priorities are complex.Britain’s relations with Iran stretch back to the 1600s and are marked by periods of conflict, some were resolved fairly swiftly, others endure to this day. For example, Iranians still blame Britain for a famine 100 years ago. Underlying it all is a sense the U.K. is playing a double game.“Iranians are obsessed with the idea that the British are the arch-manipulators in the background, manipulating the U.S.,” said Ali Ansari, a professor of modern history in the Middle East at the U.K.’s University of St. Andrews. “It dominates the narrative in a way you’d never imagine.”Brexit-ravaged Britain is trapped in a political crisis, transitioning from one prime minister to another. The two Conservative candidates slugging it out to become leader also happen to be both the current and former foreign secretary: Jeremy Hunt and Boris Johnson, favored to win and whom Trump calls a friend.Iran was never a colony of the Empire on paper, but nevertheless the U.K. has wielded outsized influence in the country over centuries. During the Great Game of the 19th century, Victorian Britain and Tsarist Russia, battled for dominance in Central Asia, Persia was caught in the middle.Liquid GoldIt struggled to balance the demands of the two imperial powers and though Russia was always the more brutal of the two, Britain left deeper political scars. That’s partly because events of the early 20th century “altered the historical perspective,” Ansari said.Then, as now, those events revolved around oil.In 1901 British entrepreneur William Knox D’Arcy began searching for oil in Persia and under the terms of a deal struck with the monarchy, he became the sole owner of whatever oil he’d find, while Persia would get just 16% of profits annually and no say over how the company was run. The Anglo-Persian Oil Company was born seven years later when D’Arcy’s surveyors discovered crude beneath the southern desert.“Fortune brought us a prize from fairyland beyond our wildest dreams,” said Winston Churchill, who was in charge of the Navy at the time and oversaw its switch from coal to oil.Colonial BaggageThe British government injected new capital into the Company just before World War I, acquired a controlling interest and built the world’s largest refinery near the Persian Gulf to process the oil and ship it back to Britain.The Company ran the city like a virtual colony: British employees and their families lived in luxury in a peaceful oasis on one side of the city and non-British laborers in a shanty town on the other.Unsurprisingly, strikes and riots broke out sporadically. In 1951, as a wave of anti-colonialism swept the region, the Company was nationalized under the government of Prime Minister Mohammad Mosaddegh. Iran canceled its right to extract oil and seized its assets. Britain shut down refineries, blockaded Iran’s ports and froze Iranian bank accounts.When it became clear Mosaddegh had the upper hand, the U.K. lobbied the U.S. to install a shah sympathetic to the west. Together in 1953 they overthrew him in a coup.Birth of BPIranian oil began flowing again and the Company -- which had by then rebranded itself as British Petroleum and is now known as BP -- tried to regain its old position. But Iranian public opinion was so fiercely opposed the new government couldn’t let that happen. Instead it was forced to accept membership in a consortium of companies. After the repressive shah was exiled during 1979 Islamic Revolution, the anti-western regime of Ayatollah Ruhollah Khomeini nationalized the oil industry again.The seizure of the tanker carrying Iranian oil off the southern tip of Spain earlier this month, like most of U.S. policy toward Iran under Trump, has unified rival political factions. It’s also given the Islamic Republic’s stalwarts a fresh opportunity to attack Britain as an imperialist, colonialist, pro-monarchist power intent on meddling in Iran’s affairs.‘Queen’s Pirates’On July 6 -- two days after British forces seized a supertanker suspected of carrying Iranian oil to Syria -- Iranian media was swift to respond. The headline in the moderate Arman newspaper read “A U.S. Scenario with British Actors” while the reformist Aftab spoke of “Extremism in Gibraltar.” The ultra-hardline daily Kayhan has called for retaliation against “the Queen’s pirates.”The Iran-Iraq war of the 1980s, in which the U.K. backed Saddam Hussein, and a fatwa against the writer Salman Rushdie have been among low points in ties between Iran and Britain.More recently, the fate of U.K.-Iranian dual national Nazanin Zaghari-Ratcliffe -- held by Iran on spying charges since 2016 -- has poisoned the well.She’s recently been transferred from the notorious Evin prison to a hospital psychiatric ward and is barred from contacting her family. Johnson, as foreign minister, was widely criticized for contributing to her fate by saying publicly she was in Iran teaching journalism.Should he become prime minister, as is widely expected, the crisis with Iran will demand his immediate attention.Just before Friday’s extraordinary seizure of the tanker by Iran, Ayatollah Ali Khamenei said he wouldn’t allow the “evil” acts of Britain to go unanswered. Such menacing rhetoric was used back in 2011 in the run-up to an attack on the U.K. embassy in Tehran by hardliners.They left behind scrawl on walls that read “Death to England” near a portrait of Queen Elizabeth and a bust of Queen Victoria.Britain closed the embassy.(Adds latest U.K. actions.)\--With assistance from Tim Ross.To contact the reporters on this story: Caroline Alexander in London at calexander1@bloomberg.net;Golnar Motevalli in Tehran at gmotevalli@bloomberg.netTo contact the editors responsible for this story: Rosalind Mathieson at rmathieson3@bloomberg.net, Mark Williams, Flavia Krause-JacksonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Market Realist4 days ago

    This Integrated Energy Stock Has the Most Potential

    As oil prices get volatile, it's imperative to know integrated energy stocks' outlook. Analysts’ mean price targets for Chevron (CVX), Royal Dutch Shell (RDS.A), ExxonMobil (XOM), BP (BP), Total (TOT), and Suncor Energy (SU) suggest that SU has the highest upside potential of 36%. TOT and RDS.A follow with 32% and 29% upside potential. This […]

  • Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold
    InvestorPlace4 days ago

    Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold

    Exxon Mobil (NYSE: XOM) stock is treading water. After rallying from roughly $69 in January up to over $83 in April, shares in the oil and gas giant have dipped below the $75 level.Source: Shutterstock While offering a solid dividend yield, a lack of catalysts means the XOM stock price will likely stay within the $70 to $80 trading range. Read on to see why Exxon Mobil stock continues to be a hold. Downstream Business Facing ChallengesFor the first quarter of 2019, the big oil firm saw quarterly earnings fall from $6 billion to $2.35 billion. Downstream (refining) was the biggest cause of the earnings decline.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOne-time events such as asset sales in Q4 can explain some of the downstream earnings decline. But the lion's share was due to lower refining margins. The downstream segment went from a $2.7 billion profit in Q4 2018 to a $256 million loss in Q1 2019. * 7 Stocks Top Investors Are Buying Now Scheduled maintenance was another factor in the downstream unit's weak performance. Moreover, the company expects to spend similar amounts on maintenance in Q2. Upstream Offers Stability in XOM StockWhile the downstream business faces headwinds, upstream provides some positives for the XOM stock price. The company continues to increase production in the Permian Basin. Exxon Mobil's exploration off the coast of Guyana has also yielded strong production opportunities.In their June 2019 JP Morgan Energy Conference presentation, Guyana and other projects provide a high internal rate of return with a low breakeven rate. The company's expertise in developing new production partially outweighs the cyclicality of the downstream refining business.The relative strength of the exploration and production segment has blunted refining challenges. But additional weakness across Exxon Mobil's other business lines could hurt Q2 results. Q2 Earnings OutlookExxon Mobil is scheduled to release Q2 earnings in early August. While the company expects improved refining margins, this may not be enough to counter additional issues. Analysts project the oil firm's natural gas and chemical businesses to lower operating earnings.A decline in natural gas prices offsets an estimated $400 million to $600 million boost to Exxon Mobil's profitability from increased crude oil prices. Low margins and continued maintenance negatively impact the chemical unit.While earnings growth does not appear to be in the cards, there is a positive takeaway: Exxon Mobil stock continues to pay out a solid dividend, providing income-oriented investors a strong reason to consider a position. XOM Remains a Dividend AristocratExxon Mobil stock has seen annual dividend increases for 37 consecutive years. The five-year average growth rate of the dividend is 5.6%. With a current dividend yield of 4.6%, XOM stock is a solid opportunity for passive-income investors.The XOM stock price receives strong price support from the dividend. This somewhat coerces Exxon Mobil to continue the payouts to keep shareholders happy.Without a long-time rise in oil prices, it may be tough for XOM to continue growing the dividend. However, thanks to continued global demand for oil, the company may have the long-term earnings growth necessary to sustain approximately six annual dividend increases.But can investors count on the dividend yield alone to deliver value? Is the current valuation sustainable, or could the XOM stock price see additional declines? Let's see how Exxon Mobil compares to its peers: Exxon Mobil Stock Overvalued Relative to PeersAt the current XOM stock price, the company trades for 20.2-times forward earnings, and an enterprise value (EV)/EBITDA ratio of 9.7. This valuation appears stretched relative to the company's integrated oil and gas rivals:BP (NYSE: BP): 13-times trailing earnings, EV/EBITDA of 6Chevron (NYSE: CVX): 16.9-times forward earnings, EV/EBITDA of 8ConocoPhillips (NYSE: COP): 12.4-times forward earnings, EV/EBITDA of 4.8Royal Dutch Shell (NYSE: RDS.A): 11-times earnings, EV/EBITDA of 5.9One may think that the XOM stock premium is the result of a high dividend. But Exxon Mobil stock does not have the highest yield: For instance, BP has a 6.26% yield, while Royal Dutch Shell sports a 5.94% yield. And Chevron and ConocoPhillips aren't too far behind at 3.83% and 2.04%, respectively.Therefore, looking at both earnings power and dividend yield, it is crystal clear Exxon Mobil stock is not an outstanding opportunity for value or dividend investors. Bottom Line: Exxon Mobil Stock Is a HoldExxon Mobil stock has been hammered by weak refining margins. Despite these risks, XOM stock trades at a premium to its fellow integrated oil and gas companies.The company continues to be a dividend aristocrat, raising the payout for the 37th consecutive year. The dividend yield is solid, but not as high as those paid by BP and Royal Dutch Shell.With improved refining margins, Q2 earnings (anticipated for early August) could satisfy investors. However, weakness in natural gas and chemicals could outweigh a rebound in refining margins.With upside questionable but downside protected by the dividend play, XOM stock is a hold. Investors should consider entering a position if the company starts trading at a discount to its peers.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now The post Stable Dividend, Minimal Growth Makes Exxon Mobil Stock a Hold appeared first on InvestorPlace.

  • 6 Energy Stocks Spilling Lower
    InvestorPlace6 days ago

    6 Energy Stocks Spilling Lower

    U.S. equities are treading water on Wednesday as the latest earnings season continues and investors digest an increasing flow of results. Transportation stocks, which I discussed yesterday, are dropping in response to mixed guidance from CSX (NYSE:CSX), but that looks like a buying opportunity ahead of a likely Federal Reserve interest rate cut later this month.One area of the market not looking good for new money, however, is energy. Oil and gas companies across the board are suffering nasty-looking breakdowns as geopolitical tensions with Iran have failed to materialize into any actual supply disruptions. The U.S. shale industry is too revved up, with a lowered cost base keeping the spigots turned on even as crude oil prices stagnate near $60. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip With the likes of Russia and Saudi Arabia unable to cut production enough to boost prices, the weakness looks set to continue. Here are six stocks to sell now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Energy Stocks Spilling Lower: Marathon Oil (MRO)Shares of Marathon Oil (NYSE:MRO) are breaking down, threatening a return to the December lows and setting up a possible decline to the summer 2017 lows near $10.50. Such a move would be worth a loss of more than 20% from here. Shares were recently downgraded to neutral by analysts at Atlantic Securities.The company will next report results on Aug. 7 after the close. Analysts are looking for earnings of 16 cents per share on revenues of $1.4 billion. When the company last reported on May 1, earnings of 31 cents per share beat estimates by 24 cents on a 30.9% decline in revenues. Nabors Industries (NBR)Nabors Industries (NYSE:NBR), which provides drilling services to the onshore and offshore oil industry, is also suffering breakdown out of its recent trading range, That's setting up a possible excursion back to its December lows. Shares are already down a whopping 86% from the high seen in early 2017 as oil prices hold steady near $60 a barrel. * 7 Dependable Dividend Stocks to Buy The company will next report results on July 29 after the close. Analysts are looking for a loss of 22 cents per share on revenues of $802 million. When the company last reported on April 30, a loss of 36 cents missed estimates by 10 cents on a 10.2% rise in revenues. BP Amoco (BP)BP Amoco (NYSE:BP) shares are falling away from a multi-month challenge of its 200-day moving average. That's confirming a messy-looking head-and-shoulders reversal pattern that traces to a low of $37. That would mark a test of the December low. The stock has been in a sideways pattern since the summer of 2018, unable to top resistance near the $45-a-share threshold.The company will next report results on July 30. Analysts are looking for earnings of 80 cents per share on revenues of $72 billion. When the company last reported on April 30, earnings of 70 cents per share beat estimates by 3 cents on a 2.7% decline in revenues. Transocean (RIG)Transocean (NYSE:RIG), which provides offshore drilling services including the ultra-deepwater segment, is falling away from its 50-day moving average and setting up a retest of the June low. The stock has already fallen below a multiyear trading range between $14 and $8 per share. The range was in play between 2015 and 2019. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company will next report results on July 29 after the close. Analysts are looking for a loss of 33 cents per share on revenues of $766 million. When the company last reported on April 29, a loss of 30 cents beat estimates by a penny on a 13.6% rise in revenues. EnCana (ECA)Canadian oil company EnCana (NYSE:ECA) has violated its June low, which in turn violated its December low. That cleared the way for a decline to levels not seen since early 2016. Shares of lost more than two-thirds of their value from the highs seen as recently as late last year. The company recently announced it would sell its Arkoma Basin natural gas assets for $165 million.The company will next report results on July 31 before the bell. Analysts are looking for earnings of 18 cents per share on revenues of just over $2 billion. When the company last reported on April 30, earnings of 14 cents per share beat estimates by five cents. Devon Energy (DVN)Devon Energy (NYSE:DVN) is an independent oil and gas company based in Oklahoma. It has broken down out of its lower Bollinger Band to shy away yet again from its 200-day moving average. Watch for a decline back to the early June low and a likely violation back to the December low near $20. Such a move would be worth a loss of roughly 20% from here. * 10 Stocks to Sell for an Economic Slowdown The company will next report results on Aug. 6 after the close. Analysts are looking for earnings of 42 cents per share on revenues of $2.2 billion. When the company last reported on April 30, earnings of 36 cents per share beat estimates by eight cents.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 6 Energy Stocks Spilling Lower appeared first on InvestorPlace.

  • 3 Best Dividend Stocks to Buy in the Energy Sector
    InvestorPlace6 days ago

    3 Best Dividend Stocks to Buy in the Energy Sector

    The classic equity sectors to hunt for yield have been defense, consumer staples, and utilities. The idea has always been that these sectors provide less in the way of capital gains, compared to more volatile high-flying sectors like technology, but in exchange for the more moderate capital gains, investors get stability and yield.This year, however, as investors have tried to navigate the tail end of the business cycle and changing stances by the Federal Reserve, fund flows have gone to those classic defensive sectors. The result is double digit gains for the stock itself pre-dividend in year to date performance. Consumer Staples Select (NYSEARCA:XLP) is up almost 19%. The utility ETF Utilities SPDR (NYSEARCA:XLU) is not far behind, up 15%.Dividend yields have fallen under this scenario, and XLU yields just 3%, while XLP yields just 2.7%. It's clear then, that investors are going to need to look elsewhere for higher yields.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip Energy, being rather out of favor this year, is offering some compelling opportunities. Dividend Stocks to Buy: Energy Transfer LPDividend Yield: 8.2%Energy Transfer (NYSE:ET) has been steadily executing on the strategic front. They have expanded their presence to China to meet growing demand for LNG and NGL products by opening an office in Beijing earlier in the year. ET signed a letter of intent with Sunoco (NYSE:SUN) to enter into a joint venture on a diesel fuel pipeline to West Texas. They have sold interests in certain pipelines to raise capital at attractive prices.Regardless of how the overall market is treating the energy sector, especially midstream master limited partnerships (MLPs), ET has not missed a beat. Financials are in good order with a distribution cash coverage ratio of 2.07x. Fiscal year adjusted EBITDA forecast of $10.7 billion have been reaffirmed.All the while the business keeps expanding. Plans on a Bakken pipeline optimization project will start next year. And on the Permian side, ET is expanding its Permian Express pipeline system by an incremental 120,000 barrels per day. The Permian Express 4 expansion is expected to be in service by the end of the third quarter of 2019.Cash flows are extremely healthy. The dividend is secure. And new projects are fueling growth. The future for ET looks better than good. DCP MidstreamDividend Yield: 10%DCP Midstream (NYSE:DCP) reported a strong first quarter yet yields remain sky high. This presents a great opportunity for patient investors who understand that equity sectors go on rotation and that there will be a day when the market wakes up and realizes how cheap companies have gotten.DCP owns and operates more than 60 plants and 64,000 miles of natural gas and natural gas liquids pipelines across 9 states. On this diverse base of assets, the company generated record distributable cash flow of $224 million in the first quarter. This puts the distribution coverage ratio at 1.45 times. So, despite difficult times for the sector, a best-in-class operator will still produce best-in-class results.NGL Energy Partner's (NYSE:NGL) pipeline throughput volumes was extremely strong, increasing approximately 30% year-over-year. In particular, Sand Hills and Southern Hills drove higher volumes. As a result, adjusted EBITDA set a record as well for the quarter. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Somehow DCP is just sitting there yielding 10%. Take advantage of the mispricing. BPDividend Yield: 6%BP (NYSE:BP) has a plan in place to secure long-term cash flow distributions to shareholders. Oil prices have been volatile, but their turnaround strategy is well underway.There are a number of ramp-up projects, three of which came on stream in Q1, and another that is scheduled to come on stream in Q2. These ramp-ups should make up for some lost volume that has certain analysts concerned.The good news is that most of the major turnarounds are behind BP, so the company is now in more of a steady state. There will be some impact in Q2 but not to the extent that the market seems to be pricing in.Lubricants, which has been a great business, has recently run into some issues with base oil prices, but management indicates that is leveling off. BP has made major efforts starting late last year to make that department more efficient, so there are ways to work around the headwinds.A recovery across a couple of BP's business lines going forward, in addition to the refinery system readying to go "full tilt" in 2020, has positioned the company well both from a growth and cash flow standpoint. Being paid 6% for the company's thought through strategy to play off isn't a bad deal. As of this writing, Luce Emerson was long shares of Energy Transfer LP. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 3 Best Dividend Stocks to Buy in the Energy Sector appeared first on InvestorPlace.

  • Will Total Post Weaker Q2 Earnings Than Its Peers?
    Market Realist6 days ago

    Will Total Post Weaker Q2 Earnings Than Its Peers?

    Total SA (TOT) is scheduled to announce its second-quarter results on July 25. Analysts expect the company to post 2% lower earnings YoY in the second quarter.

  • London markets fail to gain from falling pound as Trump reignites trade war fears
    MarketWatch6 days ago

    London markets fail to gain from falling pound as Trump reignites trade war fears

    London markets drifted lower as the pound continued its descent and fresh trade war fears hit the FTSE 100.

  • Charities are trapped into taking tainted money from corporations
    Quartz6 days ago

    Charities are trapped into taking tainted money from corporations

    Activists don't want the arts funded by Big Oil. But they're light on alternative solutions.

  • BP (BP) Dips More Than Broader Markets: What You Should Know
    Zacks7 days ago

    BP (BP) Dips More Than Broader Markets: What You Should Know

    BP (BP) closed the most recent trading day at $40.21, moving -1.18% from the previous trading session.

  • Reuters10 days ago

    UPDATE 1-U.S. shale firms put up $16.5 mln to build West Texas charter schools

  • Oil Price Spurts as Tensions Intensify in the Strait of Hormuz
    Zacks11 days ago

    Oil Price Spurts as Tensions Intensify in the Strait of Hormuz

    The Strait of Hormuz, where the BP-operated oil tanker was "harassed," is touted as the most important global passageway for transporting crude.

  • 5 ETFs & Stocks Riding High on Oil Rebound
    Zacks11 days ago

    5 ETFs & Stocks Riding High on Oil Rebound

    Oil prices strongly rebounded from a bear territory hit in early June, with U.S. crude comfortably trading above $60.

  • Will Shell’s Q2 Earnings Outperform Peers?
    Market Realist11 days ago

    Will Shell’s Q2 Earnings Outperform Peers?

    Shell’s Q2 earnings are expected to rise year-over-year.

  • Iran makes nuclear offer in return for U.S. lifting sanctions amid seizure of oil tanker
    Yahoo Finance Video5 days ago

    Iran makes nuclear offer in return for U.S. lifting sanctions amid seizure of oil tanker

    Iran says it seized an unidentified oil tanker, accusing 12 people of smuggling in 1 million liters of fuel, according to Iran state media. The incident occurred in the highly-trafficked Straight of Hormuz. Yahoo Finance's Seana Smith and Agora Financial Chief Market Strategist Alan Knuckman discuss.

  • Louisiana businesses brace for Tropical Storm Barry
    Yahoo Finance Video11 days ago

    Louisiana businesses brace for Tropical Storm Barry

    Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.

  • Oil outlook amid Gulf of Mexico storm, Iran tensions
    Yahoo Finance Video11 days ago

    Oil outlook amid Gulf of Mexico storm, Iran tensions

    Oil is settling in for a weekly gain. This comes on new data from the U.S. Interior Department, which is reporting that oil production from the Gulf of Mexico has been cut by 59% due to tropical storm Barry. Yahoo Finance's Seana Smith is joined by Mark Sebastian, founder of Option Pit, to discuss.