BP(US:BP) 智通财经网·2025-12-19 09:17Core Viewpoint - JPMorgan recently released a report on BP, highlighting the appointment of Meg O'Neill as the new CEO, effective April 2026, marking the first external CEO in BP's over 100-year history [1][2] Group 1: Leadership Changes - Meg O'Neill will join BP from Woodside Energy, where she has served as CEO since 2021 [1] - The decision to appoint an external CEO is seen as a bold move under the leadership of new Chairman Albert Manifold, aimed at accelerating BP's transformation into a more streamlined and efficient company [1] - Murray Auchincloss, the outgoing CEO, indicated his willingness to step down if a suitable successor was found, suggesting a smooth transition [2][3] Group 2: Market Reactions and Analyst Insights - JPMorgan maintains a neutral rating on BP, with a target price of $480 by June 2027, and expects investors to be receptive to the leadership change [1][2] - The energy sector outlook remains cautious, with JPMorgan only giving Shell an "overweight" rating among major oil companies due to its 8% free cash flow yield and superior risk-return profile [2] Group 3: Background of Meg O'Neill - Meg O'Neill is a U.S. citizen with over 20 years of experience at ExxonMobil before joining Woodside Energy in 2018, where she held various leadership roles [4] - Her achievements at Woodside include focusing on business improvement and financial discipline, as well as leading the acquisition of BHP Petroleum [4]