|Bid||498.45 x 330000|
|Ask||498.55 x 350000|
|Day's range||498.35 - 501.70|
|52-week range||4.80 - 529.00|
|PE ratio (TTM)||26.10|
|Earnings date||5 Feb 2018 - 9 Feb 2018|
|Forward dividend & yield||0.40 (6.98%)|
|1y target est||7.00|
Oil prices are holding steady as markets once again await an OPEC meeting, with bullish sentiment having cooled significantly as an extension is called into question
BP (BP.L) and Eni (ENI.MI) are among companies that have expressed an interest in developing the giant Majnoon oilfield which Royal Dutch Shell (RDSa.L) plans to leave next year, Iraqi oil officials said on Monday. Shell has agreed to exit the Majnoon field in southern Iraq and hand over its operation to the state-run Basra Oil Co. by the end of June 2018, according to two Iraqi oil officials.
Eni SpA and Royal Dutch Shell Plc led shares of major energy companies lower as Norway’s $1 trillion sovereign wealth fund proposed dumping about $35 billion in oil and gas stocks.
Stocks in the U.K. close lower on Wednesday, as a slide in oil prices pulls energy producer shares into the red and a drop in metals prices knocked down prices for miners.
BP first announced the buyback on Oct. 31, as it gradually shakes off the impact of the deadly 2010 Deepwater Horizon spill, known as Macondo, that cost it over $63 billion in clean-up costs and penalties. BP said then it would buy back the equivalent number of shares it was issuing as part of its scrip dividend scheme through which investors can opt to receive dividend payouts in shares rather than cash. It will buy back around $1.6 billion worth of shares a year in order to offset the dilutive effect of the scrip dividend programme, BP Chief Financial Officer Brian Gilvary said then.
The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, TOTAL S.A., ConocoPhillips and Repsol SA
When BP Plc goes to Abu Dhabi this week, where big oil companies will be jostling for access to the Emirate’s offshore riches, the British behemoth won’t be leaving anything up to chance.
Integrated energy stocks ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) reported generally robust results in 3Q17. We'll assess these reports in this series.
In the previous part of this series, we looked at analyst ratings for BP (BP). In this part, we'll look at changes in BP’s implied volatility.
So far in this series, we have examined BP’s (BP) 3Q17 earnings versus estimates. Plus, we analyzed BP’s segmental earnings in 3Q17.
Volatile oil prices have altered BP’s (BP) segmental dynamics. BP’s upstream segment, which posted URC (underlying replacement cost) EBIT (earnings before interest and tax) of -$0.2 billion in 3Q16, rose ...
BP (BP) reported its 3Q17 earnings on October 31. Its revenues beat Wall Street analyst estimates. BP reported diluted EPS (earnings per ADS) of $0.53 in 3Q17.
With the announcement that it will start to buy back shares again, BP wants to show that it's in the best shape among integrated oil and gas companies.
BP on said it would restart its share buyback program after posting healthy third-quarter earnings, the latest signal that the oil industry has found its footing amid a modest crude-price recovery.