BP Stock News

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.

Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for energy prices.

Britain's oil and gas sector may shrink from two super-majors to just one if weekend reports come to fruition. According to Bloomberg, Shell PLC (LSE:SHEL, NYSE:SHEL) is exploring the feasibility of a takeover bid for BP PLC (LSE:BP.

Shell is talking to advisers about the potential for a takeover of the rival oil producer BP, according to reports.

Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc , though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter.

Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April.

BP is undergoing a strategic pivot, focusing on cash returns and debt reduction while divesting non-core assets and maintaining operational reliability above 95%. Valuation metrics like EV/EBITDA, EV/sales, and price-to-cash flow suggest BP is undervalued compared to peers, despite stable revenue and strong cash flow. Market sentiment is muted due to BP's recent strategic shifts and lower Q1 ea...

BP's share price has declined significantly, but its strategic pivot back to traditional energy sources and strong dividend yield offer a compelling long-term investment opportunity. Despite risks like crude price volatility and operational challenges, BP's low valuation and strong fundamentals position it favorably compared to peers. BP's strategic focus on upstream business, cost reduction, a...