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Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, BP is rated Zacks Rank #3 (Hold). The chart below shows the evolution of ...
BP plans to spend $10 billion exploring deep-water plays in the US Gulf of Mexico including the emerging Paleogene trend, where the UK supermajor has three large discoveries to appraise and develop.
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BP released its annual “Statistical Review of World Energy” (70th edition) yesterday with updated global energy data for 2020. Here are some of the report’s highlights for 2020: 1. Primary energy ...
At the beginning of October, I wrote that BP (NYSE:BP) was worth about $21 or so, based on its historical yield and the company’s cash flow. Now, however, BP stock has touched $22 in the past two ...
BP (NYSE:BP) stock has been hit pretty hard in the past year. It is down 45% from the 52-week peak. In the past month, though, the stock has actually risen 34% from its low on March 18. Right now BP ...
BP delivered decent cash flow despite low natural gas prices and refining margins. Don't worry about short term COVID related demand reduction or the dominance of renewables decades off. BP is a buy ...
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