BP (BP) closed at $34.11 in the latest trading session, marking a -1.27% move from the prior day. This change lagged the S&P 500's daily gain of 1.77%. Elsewhere, the Dow saw an upswing of 1.42%, ...
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 ...
BP: Strategic Realignment And Cost-Saving Initiatives May Expand Profitability And Cash Flow Margins
In 2Q25, BP's revenue declined by 1.4% y/y to $46.62 billion. However, net income grew by 26.5x, and net income margin improved to 4.14%. BP will deprioritize investments in renewables and focus on ...
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 ...
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