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BP share price forecast as it sells Castrol to Stonepeak Partners
Invezz· 2025-12-24 08:18
Group 1: Company Strategy and Financials - BP has initiated its divestment strategy by selling a majority stake in its Castrol business to Stonepeak Partners for $10.1 billion, expecting to net about $6 billion in cash from the transaction while retaining a minority stake [1][2] - The company aims to unload businesses worth over $20 billion in the coming years as part of its turnaround strategy, which is intended to simplify operations and improve performance [2][3] - BP's recent management change, appointing Meg O'Neill as CEO, is part of this strategy, replacing Murray Aunchincloss, whose previous efforts received mixed reviews from investors [3][4] - In the third quarter, BP reported a replacement cost profit of $2.2 billion and an operating cash flow of $7.8 billion, with plans to reduce net debt to between $14 billion and $18 billion by the end of 2027 [4] Group 2: Market Performance and Technical Analysis - BP's share price has decreased by 10% from its peak in November, currently trading at 427p, amid declining energy prices, with Brent and WTI down by 25% from their highs this year [1][5] - The stock has shown signs of bearish trends, having formed a double-top pattern and moving below key technical indicators, including the 100-day Exponential Moving Average and the 61.8 Fibonacci Retracement level [8][9] - The next key support level for BP's stock price is at the 50% Fibonacci Retracement level of 393p, while a rise above 435p would invalidate the bearish outlook [9]
英国石油公司在宣布出售嘉实多股权后股价上涨1.5%。
Jin Rong Jie· 2025-12-24 08:15
本文源自:金融界AI电报 英国石油公司在宣布出售嘉实多股权后股价上涨1.5%。 ...
Oil giant BP to sell 65% stake in $10 billion Castrol unit
CNBC· 2025-12-24 07:47
Group 1 - BP has agreed to sell a 65% shareholding in its lubricants business Castrol for $6 billion, valuing the unit at $10.1 billion [1][2] - The sale is part of BP's strategic reset, which includes a green strategy U-turn and a plan to divest $20 billion of assets by the end of 2027 [1][2] - Interim CEO Carol Howle stated that this sale contributes to over half of the targeted $20 billion divestment program, significantly strengthening BP's balance sheet [2] Group 2 - The sale is seen as a milestone in BP's reset strategy, aimed at reducing complexity and focusing on leading integrated businesses [3]
bp将以101亿美元企业价值向Stonepeak出售嘉实多65%股权
Xin Lang Cai Jing· 2025-12-24 07:23
来源:智通财经 bp公司12月24日公告称,经过对嘉实多进行全面战略评估后,bp已达成协议,将嘉实多65%股权以101 亿美元的企业价值出售给美国投资公司Stonepeak。交易预计将为bp带来约60亿美元净收益。扣除合营 企业少数股东权益18亿美元及约3亿美元债务类义务后,嘉实多隐含总股权价值为80亿美元。交易完成 后将成立新合资企业,由Stonepeak持股65%、bp持股35%。经两年锁定期后,bp可选择出售其持有的嘉 实多35%股权。 ...
BP to sell 65% stake in Castrol to Stonepeak for $6 billion
Reuters· 2025-12-24 07:05
Core Viewpoint - BP has agreed to sell a 65% stake in its Castrol unit to investment firm Stonepeak for approximately $6 billion [1] Company Summary - The transaction involves BP divesting a significant portion of its Castrol business, indicating a strategic shift in its investment focus [1] - The sale reflects BP's ongoing efforts to streamline operations and focus on core areas of growth [1] Industry Summary - The deal highlights the increasing interest from investment firms in acquiring stakes in established brands within the lubricants sector [1] - This transaction may signal a trend of consolidation in the industry as companies seek to optimize their portfolios and enhance shareholder value [1]
Stonepeak to Acquire Majority Controlling Interest in Castrol from bp
Businesswire· 2025-12-24 07:05
Core Viewpoint - Stonepeak, a prominent alternative investment firm, has announced an agreement to acquire a majority controlling interest in Castrol from BP, valuing the business at approximately $10.1 billion [1] Group 1: Transaction Details - The transaction involves Stonepeak acquiring a majority controlling interest in Castrol, a global leader in lubricants [1] - BP will retain a 35% minority interest in Castrol as part of the transaction [1] Group 2: Company Background - Castrol is recognized as a global leader in the lubricants industry [1] - Stonepeak specializes in infrastructure and real assets, indicating a strategic alignment with Castrol's operations [1]
消息称英国石油即将达成出售其在嘉实多大部分股权的交易
Ge Long Hui A P P· 2025-12-24 03:20
格隆汇12月24日|据华尔街日报援引消息人士称,英国石油(BP.US)接近达成协议,将嘉实多润滑油部 门的大部分股权出售给Stonepeak。消息人士称,该交易对嘉实多的估值将达到100亿美元,其中包括债 务。英国石油公司预计将获得约60亿美元的净收益。 ...
BP nears deal to sell majority stake in Castrol to Stonepeak, WSJ reports
Reuters· 2025-12-24 03:16
Core Viewpoint - BP is close to selling a majority stake in its Castrol lubricants business to Stonepeak, valuing the division at $10 billion including debt [1] Group 1 - The deal involves a majority stake sale, indicating BP's strategic move to divest from certain business segments [1] - The valuation of the Castrol division at $10 billion reflects the significant market position and potential of the lubricants business [1]
BP Is Near Deal to Sell Majority Stake in Castrol to Stonepeak in $10 Billion Deal
WSJ· 2025-12-24 03:00
Group 1 - The sale of the lubricants business is part of the British energy giant's strategy to raise $20 billion through asset sales [1] - This divestment aligns with the company's broader efforts to streamline operations and focus on core areas of growth [1] - The lubricants business is expected to attract significant interest from potential buyers due to its established market presence [1] Group 2 - The company aims to utilize the proceeds from asset sales to strengthen its balance sheet and invest in renewable energy projects [1] - This move reflects a growing trend in the energy sector where companies are divesting non-core assets to enhance financial flexibility [1] - The planned asset sales are part of a larger restructuring initiative aimed at improving operational efficiency and shareholder returns [1]
Cascade Copper Closes Final Tranche of Oversubscribed Private Placement
Thenewswire· 2025-12-24 03:00
Core Viewpoint - Cascade Copper Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $659,728 (CDN) through the issuance of units [1] Group 1: Offering Details - The Offering included 8,462,500 Critical Minerals Flow-Through units at a price of $0.04 each and 8,923,002 Non-Flow-Through Units at a price of $0.036 each [2] - Each unit consists of one common share and one-half common share purchase warrant, with each full warrant exercisable at $0.05 for 36 months from the closing date [2] - The Offering is subject to regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities issued will have a four-month hold period [3][6] Group 2: Use of Proceeds - Proceeds from the sale of Flow-Through Shares will primarily fund eligible Critical Mineral Canadian Exploration Expenses and exploration programs in Ontario and British Columbia [5] - Proceeds from Non-Flow-Through shares will be allocated for the general working capital of the Company [5] Group 3: Insider Participation - The Offering included participation from insiders, which is classified as a related party transaction under Multilateral Instrument 61-101 [4] - The Company is relying on exemptions from valuation requirements and minority approval as the value of the subscribed Units does not exceed 25% of the Company's market capitalization [4] Group 4: Company Overview - Cascade Copper is an exploration stage natural resource company focused on the evaluation, acquisition, and exploration of copper-based mineral resource properties [8] - The Company is engaged in exploring copper and gold deposits in British Columbia and Ontario, utilizing modern technology for exploration [8] - Cascade has five projects, including the Copper Plateau Copper-Moly Project and the Centrefire Copper Project, with drilling planned for several projects this year [8]