Note 4. Analysis of replacement cost profit (loss) before interest and tax and reconciliation to profit (loss) before taxation $ million 2024 2023 2023 gas & low carbon energy 1,036 2,169 7,347 | --- | --- | --- | --- | |------------------------------------------------------------------------------------------|-------|---------|--------| | | | | | | oil production & operations | 3,060 | 1,879 | 3,317 | | customers & products | 988 | (554) | 2,680 | | other businesses & corporate | (300) | (16) | (90) | | | ...

Investors are closely monitoring BP plc (BP) as it prepares to announce first-quarter 2024 earnings on May 7, before the opening bell. Some investors are considering whether to buy shares of this large integrated energy company before its earnings release or wait for a more favorable entry opportunity.Promising Price TrendsBP has proven to be rewarding since the beginning of 2024, gaining 9.3% year to date, exceeding the 8.7% rise of the broader Zacks Oil - Energy sector. The new management’s strong emphasi ...

RobsonPL/iStock Editorial via Getty Images Finding investments with solid growth and strong cash is hard. While some companies in sectors such as tobacco and the utility industry have stable revenues, finding corporations that can offer investors consistent capital gains and impressive dividends is hard. One sector that has offered investors very strong returns and solid income since the Pandemic hit in late 2019 is the oil and gas industry. Demand for energy was strong coming out of the pandemic, and a ...

BP (BP) closed at $38.22 in the latest trading session, marking a -1.42% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq lost 0.33%.Shares of the oil and gas company witnessed a gain of 0.31% over the previous month, beating the performance of the Oils-Energy sector with its gain of 0.17% and the S&P 500's loss of 4.05%.The investment community will be paying close attention to the earnings performa ...

The plant can convert 9,600 standard cubic feet of landfill gas per minute into lower-carbon renewable natural gas (RNG). Plant is expected to produce enough renewable natural gas to heat up to 38,000 homes annually, according to the EPA Landfill Gas Energy Benefits Calculator. HOUSTON, April 30, 2024 /PRNewswire/ -- Today, bp's Archaea Energy (NYSE: BP) announced the official startup of its largest original Archaea Modular Design (AMD) renewable natural gas (RNG) plant to date in Shawnee, Kansas, just out ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is BP (BP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.BP is one of 251 companies in the Oils-Energy group. The Oils-Energy group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sec ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...

BP logo at a petrol station in London, U.K. (Photo: Leon Neal)Getty ImagesFollowing his predecessor Bernard Looney's sudden departure last year, BP CEO Murray Auchincloss' was left carrying the can for the company's strategy calling for growing renewables and reducing oil and gas output by 2030 or "Reimagine BP."The plan - to make the energy giant net zero by 2050 - failed to impress both shareholders at a time of extreme energy market volatility as well as environmental groups who accused Looney of waterin ...

The latest trading session saw BP (BP) ending at $38.52, denoting a +1.58% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.88%. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, lost 2.05%.Shares of the oil and gas company witnessed a gain of 0.5% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 2.78% and outperforming the S&P 500's loss of 2.57%.Analysts and investors alike will be keeping a close eye on t ...

In the latest market close, BP (BP) reached $37.92, with a -1.17% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow gained 0.06%, while the tech-heavy Nasdaq lost 0.52%.Shares of the oil and gas company witnessed a gain of 1.27% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 3.38% and outperforming the S&P 500's loss of 1.66%.Market participants will be closely following the financial results of BP in i ...