BP has decided to abandon its goal of reducing oil and gas production by 2030, as the company shifts its focus. BP's CEO, Murray Auchincloss, is working on revamping the company's energy transition strategy to rebuild investor confidence.Instead of reducing production, BP plans to increase investments in the Middle East and the Gulf of Mexico. This strategic change aims to boost BP's oil and gas output.A spokesperson for BP commented that the company is aiming to become a simpler, more focused, and higher-v ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Target (TGT) .Target currently has an average brokerage recommendation (ABR) of 1.84, on a scal ...

KEY TAKEAWAYS BP reportedly has given up on its goal to cut oil and gas output by 2030, as the British energy giant's chief executive seeks to build back investor confidence in the company.According to Reuters, BP CEO Murray Auchincloss is resetting BP's energy transition strategy, instead looking to boost its oil and gas output through new investments in the Middle East and the Gulf of Mexico.BP in February said it planned a 25% cut in oil and gas output by 2030, stepping back from a previous goal of a 40% ...

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A lot of the places around the world where you can find a lot of crude oil and natural gas aren’t the most hospitable places for investors. It is only the highly lucrative business that attracts them in theI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraf ...

In light of the possible, significant superiority of Altimmune, Inc.'s (NASDAQ: ALT ) weight loss drug in multiple, important areas, the company is likely to become a takeover target in the medium-to-long term. What's more, since a high proportion ofAnalyst’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 recei ...

At Investor Day Conference held on Oct. 1, 2024, Apollo Global Management Inc. (APO) outlined its business strategy and financial goals for the next five years. The company’s senior management team discussed its strategic positioning and plan to continue delivering attractive returns to shareholders.Marc Rowan, chief executive officer of Apollo, said, “In an industry where we believe the capacity to originate good assets is the key to success, Apollo is playing to win. Our entire industry is supported by po ...

Target's 2024 Bullseye's Top Toys list features more than 60 must-have items with nearly half exclusive to Target, and prices starting at $7.99 The retailer will also offer thousands of toys this season with over half under $20, making it easy to find gifts for any budget Target is also offering new, weekly toy drops and deals at up to 50% off to usher in the holiday seasonMINNEAPOLIS, Oct. 2, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced the release of its 2024 Bullseye's Top Toys lis ...

VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report initial drill results from the Upper 8 Target (“Upper 8”) from its 100% owned Madsen Property located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the Upper 8 target, which is a shallower geologic analog to the well known high-grade 8-Zone ...

FY’24 Total Revenue Increase 17% to $61.4 million exceeding target revenue range of $60 - $61 millionQ4’ 24 Gross Margins of 52% increased from 35% in 4Q’ 23; FY’ 24 Gross Margins of 48% increased from 32% in FY ’23FY’24 Operating Income of $3.5 million from a loss of $(8.8 million) last year$0.06 earnings per share in FY’ 24 compared with a loss of $(0.46) per share in FY’ 2310% increase in Subscription and Support revenues to $7.5 million in 4Q’ 24; Annual Recurring Revenues of $28 million meets FY’ 24 ta ...