BP Stock News

Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.

Shell's potential acquisition of BP could offer substantial synergies and shareholder returns, though it's not confirmed yet. Shell's strong financials include $4.8 billion in quarterly income, manageable $41 billion net debt, and robust FCF and capital investments. Shell's diversified portfolio, especially in LNG, supports strong segment performance and profitable CFFO, even in a weak oil pric...

Chevron, Exxon Mobil and TotalEnergies are among other big oil companies that could be considering a deal for BP, a report said Friday.

Shares in BP edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company.

Earnings season saw strong reports from Microsoft, Apple, Meta, and Amazon, boosting the S&P 500 by 2.75% and the Nasdaq by 2.82%. The Dividend Harvesting Portfolio gained 1.98% this week, with a total return of 23.42% and forward dividend income reaching $2,195.04. Added to positions in Bristol-Myers Squibb, Pfizer, and BP, focusing on undervalued stocks with strong dividend yields and growth ...

Shell PLC (LSE:SHEL, NYSE:SHEL) isn't pouncing. At least, not yet.

BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by 2030. Despite a 29% drop in share price, BP's high free cash flow and strong dividends make it a "Buy" with a 12.31% upside. Key risks include market volatility and strategic inflexibility in the global energy transition, but operational efficiency and mature assets remain ...

Media reports said over the weekend that Shell may be looking to purchase rival BP. Observers say that could be the answer to lots of BP problems.