BP Stock News

Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "U.S. Life Coach Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering. The U.S. life coach market is expected to reach a value of $2.76 billion by 2029 from $2.07 billion in 2023, growing at a CAGR of 4.95%

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks included Blackstone Secured Lending, Ares Capital and Owl Rock Capital.

Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher than top European rival BP.

Despite the above-consensus Q2 results, BP came under pressure recently as several brokers downgraded shares. Concerns about a lack of distribution resilience seem overblown in our view, with our calculations implying full buyback coverage down to $66 Brent. Even as we acknowledge recent concerns, with shares trading at 17% 24E FCF yield and offering >13% in shareholder distributions, we contin...

BP plc's shares have declined recently, making the stock even cheaper than before. Despite offering an above-average dividend yield and strong buybacks, strategic shifts introduce uncertainty for some investors. BP trades at a very undemanding valuation right now.

Dividend stocks are a valuable addition to any investment portfolio, offering a reliable income stream that can provide stability in both bullish and bearish markets. High dividend yields are particularly attractive, especially when paired with fundamentally sound and potentially undervalued stocks.

In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.

BP PLC (LSE:BP.) could get an unexpected boost to its value from the takeover toing and froing currently underway for Japanese owned-7 Eleven owner Seven & I, according to US bank Citi.