BP Stock News

BP p.l.c. is undervalued with a low enterprise value to EBITDA multiple of 3.1, offering a high dividend yield of 6.2%. The new $7 billion gas project in Indonesia, featuring carbon capture technology, highlights BP's strategic investments in both traditional and innovative energy assets. Despite higher debt levels, BP's net debt to EBITDA ratio is very manageable at 0.6, ensuring financial sta...

ESG as a theme is probably a fad, yet some aspects of it are useful as risk assessment tools. A big risk for oil and gas stocks is methane emissions, and until now, it has not been easy to assess this. The Oil & Gas Methane Partnership 2.0 is the United Nations Environment Programme's flagship oil and gas reporting and mitigation programme.

Oil major BP's former CEO Bernard Looney is set to chair Prometheus Hyperscale, the U.S.-based data company said on Sunday.

Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.

Over the years, the energy trade has often been considered an old-school relic.

The British oil giant approved plans to expand the facility in the troubled Indonesian province of West Papua at a meeting with President Prabowo Subianto.

BP and partners said they would invest $7 billion in a carbon capture project and gas field development in Indonesia's easternmost Papua region that could unlock 3 trillion cubic feet of additional gas resources.

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.