38.67 -0.05 (-0.13%)
After hours: 6:22PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||38.44 - 38.80|
|52 Week Range||32.53 - 39.48|
|PE Ratio (TTM)||33.79|
|Forward Dividend & Yield||2.40 (6.14%)|
|1y Target Est||39.24|
Despite failures in the Barents Sea, oil and gas companies are refusing to give up on exploring what is projected to be a hugely profitable area
Iraq has asked BP to develop oilfields around Kirkuk, two days after Baghdad regained control of much of the region from Kurdish forces. The oil ministry said Jabar al-Luaibi, the minister, had "sent ...
BP (BP.L) is targeting smaller and wider-ranging investments in renewable energy to avoid large losses in the sector like those it suffered earlier in the decade, Chief Executive Bob Dudley said on Wednesday. BP and peers including Royal Dutch Shell (RDSa.L) and Total (TOTF.PA) have recognised the need to reduce carbon emissions in the fight against global warming, but their investment in renewables remains tiny compared to oil and gas. "We're making smarter, in many cases, smaller bets, and making more of them across a wider range of technologies and business models," Dudley said in a speech at the Oil & Money conference.
BAGHDAD/LONDON (Reuters) - Iraq said on Wednesday it wanted to bring back BP (BP.L) to help develop Kirkuk oilfields, which Baghdad's military took over this week from the Kurdish Pershmerga forces, but the oil major said it was in no rush to return until security improves. Kirkuk became the key area of tensions between Baghdad and Erbil since Iraq's semi-autonomous region of Kurdistan held an independence referendum three weeks ago, triggering an angry response from Baghdad and neighbouring Turkey and Iran.
Iraq's oil ministry urged BP to help develop oilfields in the disputed city of Kirkuk on Wednesday.
With the new lower-for-longer oil price environment and the rise of renewable energy, natural gas is set to become a key bridge fuel in the energy mix
Oil majors are most likely to diversify into Petrochemicals within the next 10 to 15 years as demand for conventional fuels is nearing a peak
Houston-based BP Midstream Partners LP — a master limited partnership formed by London-based BP PLC (NYSE: BP) — announced Oct. 16 that its initial public offering has commenced . The IPO will offer 42.5 ...
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig.
(Reuters) - BP Midtsream Partners, a unit of British energy company BP Plc (BP.L), said on Monday it expects to raise up to $893 million (£671.3 million) from its initial public offering. BP Midtsream ...
BP Midtsream Partners, a unit of British energy company BP Plc, said on Monday it expects to raise up to $893 million from its initial public offering. BP Midtsream expects to sell 42.5 million shares, ...
The U.S. company has abandoned plans for deep-water exploration wells in the 1,000-mile stretch of ocean off southern Australia, citing low oil prices.
Oil prices jumped upwards on Friday as Trump announced his decision to decertify the Iran nuclear deal while Iraqi and Kurdish military units mobilized near Kirkuk
At first glance, it seems like Exxon Mobil Corporation (NYSE:XOM) is past the brunt of oil’s 2014 meltdown. While earnings have been better than the payout per share of XOM stock over the course of the past couple of quarters, the difference between the two remains paper thin. With the impact of two major hurricanes now in the rear-view mirror and crude stockpiles in the United States starting to dwindle again — albeit erratically — investors were comforted by the EIA’s slight increase in next year’s oil price outlook.
With this deal, Shell (RDS.A) wants to cash in on the wide acceptance of the electric cars and thereby increase its customer base and revenues.
The Vetr crowd on Thursday downgraded its rating BP plc (ADR) (NYSE: BP ) from 4 stars (Buy), issued two days ago, to 3 stars (Hold). Crowd sentiment at the time of the downgrade was generally positive, ...
Barclay's Matthew Keating takes a look at mid-cap banks ahead of third-quarter earnings, which begin later this week, writing that while results may disappoint, banks can still fall back on growth. Keating writes that the fact that mid-cap bank earnings kick off on Friday the 13th might be a bit of a bad omen, as he expects just two of the 26 banks in his coverage to beat consensus estimates. Of course some of the third quarter weakness can be attributed to natural disasters, and Keating is below consensus for Popular (BPOP), Prosperity Bancshares (PB), and Texas Capital (TCBI) because of the hurricanes.
The September 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
Back in May of this year, my mental scales finally tipped in favor of Chesapeake Energy Corporation (NYSE:CHK). In fact, not only has the CHK stock price not grown, it’s lost ground. CHK stock is right on that fence.