SOUTHEND, ENGLAND - JANUARY 22: A general view of the BP logo and petrol station forecourt sign on ... [+] January 22, 2024 in Southend, United Kingdom. (Photo by John Keeble/Getty Images)Getty ImagesAfter a 7% increase so far this year, at the current price of around $38 per share, we believe BP plc stock (NYSE: BP), a European integrated energy major, could go higher in the long term. BP’s underlying replacement cost operating profit was down by almost exactly half in FY 2023, to $13.84 billion from $27.6 ...

BP (BP) closed the latest trading day at $37.73, indicating a -0.42% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Prior to today's trading, shares of the oil and gas company had gained 6.13% over the past month. This has lagged the Oils-Energy sector's gain of 6.39% and outpaced the S&P 500's gain of 5.11% in that time.The investment community will be p ...

BP plc (BP) announced the inauguration of its electric vehicle (EV) charging station at its BP America headquarters in Houston, TX. This marks a milestone in BP's commitment to expanding its network of EV chargers in the United States. The new BP pulse station, the Gigahub, will open its doors to the public on Apr 2, offering state-of-the-art charging facilities.Scheduled to commence operations on Mar 20, 2024, the new pulse station will feature 24 high-speed EV charge points equipped with Tritium 150kW DC ...

BP (BP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this oil and gas company have returned +7% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Oil and Gas - Integrated - International industry, to which BP belongs, has gained 5.5% over this period. Now the key question is: Where could the stock be headed in the near term?While media releas ...

bp pulse Gigahub™ (EV charging station) is open to the general public The site features 24 EV DC fast-charging points A ribbon cutting for the Gigahub™ located at the bp Westlake campus with bp executives and local elected officials will be held on March 20, 2024 HOUSTON, March 20, 2024 /PRNewswire/ -- bp (NYSE: BP) will celebrate the opening of its new electric-vehicle charging site at its bp America headquarters in Houston, Texas, expanding its network of EV chargers in the US. The new bp pulse station i ...

Europe's major oil companies are revising their interim emission reduction targets, emphasizing returns to shareholders over aggressive emission cuts. Shell (SHEL) and BP (BP) have both adjusted their targets, citing the need to prioritize cash flow amid market uncertainties. While they remain committed to net zero by 2050, their 2030 targets now reflect a more conservative approach, signaling a shift in focus.Balancing Profitability Over SustainabilityThe energy crisis and geopolitical tensions have highli ...

BP plc (BP) , on Monday, announced the resumption of normal operations at its critical Whiting refinery, marking a milestone after more than six weeks of downtime due to a plantwide power outage.The refinery stands as BP's largest facility in the United States and the nation's sixth. Processing a staggering 435,000 barrels of crude oil per day, the refinery produces a wide range of liquid fuels and asphalt, serving as a vital fuel supplier to the Chicago area.The power outage on Feb 1, triggered a cascade o ...

BP plc (BP) and the governments of Venezuela and Trinidad and Tobago have entered discussions aimed at the development of a shared offshore gas field situated in the Caribbean, per a Reuters report. This collaboration marks a significant step toward bolstering natural gas production in the region.BP's interest in expanding its natural gas output in Trinidad aims to support the operations of the local Atlantic LNG export facility. Over the past five years, the company’s gas production has experienced a notab ...

BP (BP) closed at $37.49 in the latest trading session, marking no change from the prior day. This move was narrower than the S&P 500's daily loss of 0.65%. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq depreciated by 0.96%.Shares of the oil and gas company witnessed a gain of 5.28% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 6.72% and outperforming the S&P 500's gain of 3.27%.Market participants will be closely following the financ ...

BP plc (BP) is a leading integrated energy company and is likely to see earnings growth of almost 4% this year.What's Favoring the Stock?West Texas Intermediate crude price has touched $80 per barrel, which is highly favorable for BP’s exploration and production operations. The energy major has a vast pipeline of key upstream projects that are either in operation or yet to start activities this year or beyond.  BP is also leading the energy transition race. The company is planning to become a net-zero emiss ...