BP Stock News

Investors love dividend stocks, especially the blue-chip variety because they offer a significant income stream and have massive total return potential.

Major energy companies in Europe focused on profits from oil and gas business in 2024, pushing back climate commitments, Reuters reported on Thursday.  According to the report, the trend is likely to continue in 2025 as well.

BP p.l.c. boasts a strong portfolio, with a 6.4% dividend yield, aggressive share buybacks, and robust production and refining capabilities. BP's financial health is solid, with $6.8 billion in operating cash flow, manageable net debt, and substantial capital expenditures of $16 billion. The company is expanding its LNG production and international assets, with significant projects like the Ora...

British oil major BP said on Thursday it has reached a deal with the Iraqi government on the technical terms to redevelop the Kirkuk oil and gas fields.

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, main...

BP's underperformance stems from the Deepwater Horizon spill, volatile oil prices, and unprofitable alternative energy investments. Optimism arises from stable oil prices above $70/barrel, BP's strong balance sheet, and manageable Deepwater spill settlements. BP's cash balance point is $40/barrel, allowing surplus cash for dividends and buybacks if oil prices remain high.

BP and Abu Dhabi National Oil Company's international investments arm XRG said on Monday they have closed a deal for a new natural gas joint venture in Egypt, as ADNOC expands its efforts to grow abroad.

Norway's Equinor alongside partners BP and TotalEnergies , have taken the final investment decision for two of the Britain's first carbon capture and storage projects in northern England, they said on Tuesday.