BP's Leaner, Sharper Strategy Could Drive A Rerating--Here's The Case

Core Viewpoint - BP is currently facing challenges due to weaker refining margins impacting Q1 earnings and uncertainty surrounding its strategic reset [1] Financial Performance - BP's Q1 earnings have been negatively affected by reduced refining margins, indicating potential operational difficulties [1] Strategic Outlook - The market is uncertain about BP's strategy reset, which may lead to volatility in investor sentiment and stock performance [1]