38.91 +0.12 (0.32%)
Pre-market: 5:26AM EDT
|Bid||38.95 x 900|
|Ask||38.97 x 2700|
|Day's range||38.70 - 38.96|
|52-week range||32.53 - 39.48|
|PE ratio (TTM)||33.85|
|Forward Dividend & Yield||2.40 (6.19%)|
|1y target est||39.50|
The joint venture formed by Norway’s Aker and BP has bolstered its presence on the Norwegian Continental Shelf with the $2 billion acquisition of Hess Norge.
Many analysts and industry experts consider peak demand to be a serious issue for the oil industry, but Norway appears to be unfazed by the claims
The European Bank of Reconstruction and Development has approved $500M in funding for an Azeri pipeline despite corruption allegations
Oil prices remained firm this week, supported by political and military developments in the Middle East, but a major bullish catalyst remains absent
BP said the company’s longstanding chairman Carl-Henric Svanberg is set to retire, launching a search for his replacement.
BP has launched the search for a new chairman after announcing that Carl-Henric Svanberg will step down after a turbulent eight years in the post. The Swede has led BP's board since shortly before the ...
Energy firm BP announced Thursday that Carl-Henric Svanberg, the chairman who presided over the company during the Deepwater Horizon spill, has decided to retire. Svanberg took the post in April 2010 — ...
Oil company BP says its chairman, Carl-Henric Svanberg, has told the board he will retire.
The open season for Marathon Petroleum's (MPC) Capline Pipeline will gauge the interest of shippers in the reversal of the pipeline.
Iraq has asked BP to develop oilfields around Kirkuk, two days after Baghdad regained control of much of the region from Kurdish forces. The oil ministry said Jabar al-Luaibi, the minister, had "sent ...
With the new lower-for-longer oil price environment and the rise of renewable energy, natural gas is set to become a key bridge fuel in the energy mix
Oil majors are most likely to diversify into Petrochemicals within the next 10 to 15 years as demand for conventional fuels is nearing a peak
The U.S. company has abandoned plans for deep-water exploration wells in the 1,000-mile stretch of ocean off southern Australia, citing low oil prices.
Oil prices jumped upwards on Friday as Trump announced his decision to decertify the Iran nuclear deal while Iraqi and Kurdish military units mobilized near Kirkuk
With this deal, Shell (RDS.A) wants to cash in on the wide acceptance of the electric cars and thereby increase its customer base and revenues.
Barclay's Matthew Keating takes a look at mid-cap banks ahead of third-quarter earnings, which begin later this week, writing that while results may disappoint, banks can still fall back on growth. Keating writes that the fact that mid-cap bank earnings kick off on Friday the 13th might be a bit of a bad omen, as he expects just two of the 26 banks in his coverage to beat consensus estimates. Of course some of the third quarter weakness can be attributed to natural disasters, and Keating is below consensus for Popular (BPOP), Prosperity Bancshares (PB), and Texas Capital (TCBI) because of the hurricanes.
The PEG ratios of Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) stand below the peer average at 0.23, 0.41, and 0.36, respectively.