BP p.l.c. operates as an integrated oil and gas company worldwide.
Industry: Oil & Gas Producers
LSE Main Market
LSE Main Market
9% CUM 2ND PRF GBP1
LSE Main Market
8% CUM 1ST PRF GBP1
Twit about BP. stock
Latest twits on BP (BP.)
Flor Crowley 28 Jul 2016, 13:11
$RDSA$BP.$BG.$TLW$PFC$WG.$SCL end of driving season and supply glut will drive oil prices down - negative for oil companies for the next 9 months untill the next driving season #bearish
Robert Sheridan 28 Apr 2015, 22:36
$RDSA$BP.$BG.$TLW$PFC$WG.$SCL Speculators increased net long positions in Brent futures and options by 8,351 contracts to 271,929 in the week to April 21, InterContinental Exchange (ICE) data showed, the highest level since records began in 2011.
"The long-to-short ratio has reached 6.4 and we’ve only seen an extreme situation like that three times since 2011. All three times we’ve seen quite a correction in the market." www.reuters.com/article/2...20150428
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil. www.bloomberg.com/news/ar...ping-oil
In the last 6 months Schwarzman several times indicated that it's a unique time to #buy oil and related companies. On LSE pay attention to $RDSA$BP.$BG.$TLW$PFC$WG.$SCL - most of them are on historically low levels.
$BP. Argus' Michael Burke reiterated a Hold rating and said it's conceivable the company could be held liable for up to the $13.7 billion maximum in civil fines allowed in a January ruling by U.S. District Judge Carl Barbier.
$3.51 billion provision for future liabilities stemming from the Deepwater Horizon disaster of five years ago may prove too low...
BP p.l.c. operates as an integrated oil and gas company worldwide. It operates in three segments: Upstream, Downstream, and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGL extraction business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers. It offers lubricants and related products under the Castrol, BP, and Aral brands to the automotive, industrial, marine, and energy markets; and petrochemicals products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemicals products. This segment also sells gasoline, diesel, and aviation fuel. The Rosneft segment engages in the exploration and production of hydrocarbons in the United States, Canada, Vietnam, Venezuela, Brazil, Algeria, the United Arab Emirates, Turkmenistan, and Norway; and offers jet fuel, bunkering, bitumen, and lubricants. This segment also owns and operates 10 refineries in Russia; and has an interest in 4 refineries in Germany. As of December 31, 2014, this segment owned and operated approximately 2,500 retail service stations in Russia. The company also produces bioethanol, sugar, and biobutanol; exports power to the local grid; transports hydrocarbon products through shipping and chartering services; and holds interests in 16 operating wind farms with a generation capacity of 2,585 megawatts. BP p.l.c. was founded in 1889 and is headquartered in London, the United Kingdom.