BP p.l.c. (NYSE:BP) Q4 2024 Earnings Conference Call February 11, 2025 8:00 AM ET Company Participants Craig Marshall - Investor Relations Murray Auchincloss - Chief Executive Officer Kate Thomson - Chief Financial Officer Conference Call Participants Josh Stone - UBS Peter Low - Redburn Biraj Borkhataria - RBC Doug Leggate - Wolfe Al Syme - Citi Irene Himona - Bernstein Lydia Rainforth - Barclays Lucas Herrmann - Exane BNP Matt Lofting - JPMorgan Chris Kuplent - Bank of America Roger Read - Wells Fargo Ale ...

BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition.BP (BP -0.70%), a global oil and gas company, released its fourth-quarter earnings on Feb. 11, 2025, showing results below expectations. The company reported an EPS of $0.44, which fell short of the $0.46 forecast. Revenue also missed estimates by $1.2 billion, recording $45.75 billion, down 12.3% year-over-year from $52.14 billion. Despite efforts to transition toward low-carbon energy, BP ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 for the period ended 11 February, 2025 BP p.l.c. (Translation of registrant's name into English) 1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F |X| Form 40-F --------------- ------ ...

Full year and 4Q 2024 financial results 3Q 2024 financial results NICK #1 SVP investor relations Craig Marshall By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will or may occur in the future and are outside the control of bp. Actual results or outcomes may differ materially from those expressed in such statements, depending on a variety of factors, including: the extent and duration of the impact of current market condi ...

KEY TAKEAWAYSBP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a "significant" stake in the British oil giant.BP CEO Murray Auchincloss said the company plans to share a "new direction" during its Capital Markets Update on Feb. 26.BP has pivoted away from its core oil and gas business toward low-carbon operations in recent years. BP (BP) announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reported ...

BP plc (BP) , the British oil and gas giant, has decided to hit the brakes on the production of renewable fuels at the site of its previous Kwinana oil refinery in Western Australia. The move is believed to be part of the company’s cost-cutting initiatives.BP had plans to construct a biofuels project in Australia, known as Kwinana Renewable Fuels (“KRF”), alongside a green hydrogen plant named H2Kwinana. The Kwinana refinery was once Australia’s largest oil refinery, with a capacity of 146,000 barrels per d ...

Amid the fluctuations and uncertainties of the energy market, oil prices continue to soar, creating a highly favorable landscape for upstream businesses. Integrated energy giants stand resilient, leveraging their robust midstream operations that deliver steady, fee-based revenues from strategically positioned pipeline and storage assets. This financial strength reinforces the promising outlook for the Zacks Oil and Gas Integrated International industry, ensuring stability even in volatile times. Additionall ...

BP plc (BP) is set to report fourth-quarter 2024 earnings on Feb. 11.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that are anticipated to have affected this integrated energy major’s quarterly performance. However, before that, it would be worth reviewing BP’s performance in the previous quarter.Highlights of Q3 EarningsIn the last reported quarter, the company’s adjusted earnings of 83 cents per American Depositary Share on a replacement-cost basis, e ...

oil pumpjacks in silhouette at sunset, panoramic frame (XXXL)gettyWe are—unequivocally—bullish on the US economy. We’re also big fans of the 6.1% dividend we’re going to discuss below, which trades for less than half its annual sales.That’s pretty much the opposite of the nosebleed 26 times sales (and 0.03% yield—not a typo!) over at NVIDIA (NVDA), even after last week’s panic over Chinese AI chatbot DeepSeek.US Stocks Are Wealth-Building Machines …Fact is, it’s easy to be bullish on the US these days, with ...

In our view, the story for BP p.l.c. (NYSE: BP ) and the wider group of European energy majors has always been about value, yet valuations for the stock have continued to drop over the course of last year, currentlyAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...