More Oil, 10% Dividend Hike, Faster Share Buybacks: How BP Aims To Woo Investors
BP(BP) Forbes·2024-02-08 20:39
BP logoSOPA Images/LightRocket via Getty ImagesPerhaps conscious of being a share performance laggard among its peers, integrated energy giant BP (LON: BP) recently came out fighting despite posting lower annual profits.Having fallen behind rivals such as Shell, Chevron and ExxonMobil, not just in terms of returns but valuation as well, and batting away embarrassing market chatter of being a somewhat implausible takeover target, the company's CEO Murray Auchincloss appeared in fine fettle at the unveiling o ...