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BP / BP profit soars to record $28 bln, dividend increased

BP profit soars to record $28 bln, dividend increased
BP reported on Tuesday a record profit of $28 billion in 2022, lifted by a surge in energy prices since Russia's invasion of Ukraine as the company increased its dividend by 10% in a sign of confidence in the market's continued strength. Read More
Posted: Feb 7 2023, 02:13
Author Name: Reuters
Views: 110995

BP News  

What To Make Of BP And Shell Dividends Following Latest Results?

By Forbes
November 3, 2023

What To Make Of BP And Shell Dividends Following Latest Results?

Both BP (LON: BP) and Shell (LON: SHEL) appear to be focused on enhanced shareholder returns over the near-term. So what should investors expect as 20 more_horizontal

BP has the cash to maintain buybacks calculates Barclays

By Proactive Investors
November 3, 2023

BP has the cash to maintain buybacks calculates Barclays

BP can afford to maintain its US$1.5 billion buyback in the current quarter according to analysts at Barclays, who say suggestions to the contrary are more_horizontal

BP PLC down for a second day in a row as influential Wall Street bank goes bearish

By Proactive Investors
November 1, 2023

BP PLC down for a second day in a row as influential Wall Street bank goes bearish

BP PLC (LSE:BP.)'s earnings miss has wiped £5.5 billion from BP's valuation in little over a day, and it has also given one of the world's most influ more_horizontal

BP low carbon boss calls U.S. offshore wind industry 'fundamentally broken'

By Reuters
November 1, 2023

BP low carbon boss calls U.S. offshore wind industry 'fundamentally broken'

The head of BP's gas & low carbon business said on Wednesday the U.S. offshore wind industry is "fundamentally broken" but issues can be resolved, aft more_horizontal

BP cut to underweight at JPMorgan after third-quarter results

By Market Watch
November 1, 2023

BP cut to underweight at JPMorgan after third-quarter results

BP UK:BP BP was downgraded to underweight from neutral at JPMorgan, following the oil major's third-quarter results. “This year is revealing BP's ca more_horizontal

Weir Group hires BP's Brian Puffer, reiterates 2023 guidance

By Proactive Investors
November 1, 2023

Weir Group hires BP's Brian Puffer, reiterates 2023 guidance

The Weir Group PLC (LSE:WEIR) has appointed Brian Puffer, the chief financial and risk officer at BP PLC (LSE:BP.)'s supply and trading unit, as its c more_horizontal

BP's Earnings Show Why Gas Prices Could Keep Falling

By Barrons
October 31, 2023

BP's Earnings Show Why Gas Prices Could Keep Falling

The main reason for the decline in gas prices comes at the refinery level, where crude oil is turned into gasoline. more_horizontal

BP PLC (BP) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 31, 2023

BP PLC (BP) Q3 2023 Earnings Call Transcript

BP PLC (NYSE:BP ) Q3 2023 Earnings Conference Call October 31, 2023 5:00 AM ET Company Participants Murray Auchincloss - Interim CEO & Director Kather more_horizontal


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