BP shares dip as oil and gas major flags $2 bn in expected charges

1 day ago · Investing.com - BP (LON: BP) has said it expects to incur impairment charges worth between $1 billion to $2 billion in the fourth quarter, while upstream production at the oil-and …

$2
OFF

BP Shares Dip As Oil And Gas Major Flags $2 Bn In Expected Charges

2 weeks from now

1 day ago · Investing.com - BP (LON: BP) has said it expects to incur impairment charges worth between $1 billion to $2 billion in the fourth quarter, while upstream production at the oil-and …

investing.com

$2
OFF

BP Stock Drops After Company Warns Of Impairments Of Up To $2 …

2 weeks from now

1 day ago · BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter.

investopedia.com

$2
OFF

BP Shares Dip As Oil And Gas Major Flags $2 Bn In Expected Charges

2 weeks from now

1 day ago · Investing.com - BP (LON: BP) has said it expects to incur impairment charges worth between $1 billion to $2 billion in the fourth quarter, while upstream production at the oil-and …

investing.com

$2
OFF

BP Expects To Book Up To $2 Billion In Charges, Sees Lower …

2 weeks from now

1 day ago · BP said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth quarter while upstream production is expected to fall. The British oil-and-gas giant said on …

morningstar.com

23%
OFF

BP Expects To Book Up To $2 Billion In Charges, Sees Lower …

2 weeks from now

BP BP-2.23%decrease; red down pointing triangle said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth quarter while upstream production is expected to fall. The …

wsj.com

$2
OFF

BP Shares Plummet On $2 Billion Impairment Warning - Yahoo …

2 weeks from now

Jul 9, 2024 · The FTSE 100 oil major, which in April surprised investors with a better-than-expected oil and gas trading performance in the first three months of the year, maintained …

yahoo.com

$1
OFF

BP Expects Weak Oil Trading And Refining Margins To Reduce Q4 …

2 weeks from now

1 day ago · The fourth-quarter results are also expected to include non-cash, post-tax charges related to impairments of $1.0 - $2.0 billion attributable across the segments.

oilprice.com

$2
OFF

BP Shares Plummet On $2 Billion Impairment Warning

2 weeks from now

Jul 9, 2024 · The FTSE 100 oil major, which in April surprised investors with a better-than-expected oil and gas trading performance in the first three months of the year, maintained …

oilprice.com

$1.75
OFF

BP Delays Key Strategy Update After CEO Medical Procedure

2 weeks from now

23 hours ago · BP in October raised the possibility that its share buybacks will slow this year from the US$1.75 billion quarterly pace seen in 2024. In the final months of 2024, unexpected …

financialpost.com

4%
OFF

UK Stocks: BP Shares Fall On $2 Billion Impairment Warning, …

2 weeks from now

Jul 9, 2024 · In key news on UK stocks, BP PLC shares fell by nearly 4% after the oil and gas giant warned of up to $2 billion of impairment charges in its second-quarter trading …

businessinsider.com

3%
OFF

BP Shares Dip After Warning Weak Refining Will Hit Q2 Profit

2 weeks from now

Jul 9, 2024 · BP shares closed 4.3% lower, compared with a small dip in rival Shell's , opens new tab shares. So far this year, BP's shares have dropped by 2.5%, compared with a 10% gain …

reuters.com

4%
OFF

BP Shares Fall To Lowest Since 2022 After Sharp Drop In The Oil …

2 weeks from now

Oct 29, 2024 · British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices. ... Shares of BP traded down over 4% at …

nbcchicago.com

30%
OFF

BP Shares Dip After Announcing Weakest Profits In Nearly Four Years

2 weeks from now

Oct 29, 2024 · Shares in BP fell on Tuesday morning, after the oil major posted its weakest quarterly profit in nearly four years.BP posted a nearly 30% slump in underlying replacement …

yahoo.com

30%
OFF

Why BP Shares Slid Despite Earnings Beat And Buyback Update

2 weeks from now

Oct 29, 2024 · Q3 profit plunges 30%; Weak refining margins and oil trading weigh; Buybacks rate maintained; Oil major BP ( delivered a better-than-feared drop in profits for the third quarter to …

sharesmagazine.co.uk

$2
OFF

BP Profit Slumps To $2.3 Bn On Weak Refining Margins, Oil Trading ...

2 weeks from now

Oct 29, 2024 · BP profit slumps to $2.3 bn on weak refining margins, oil trading results ... BP shares, which were trading 1.7 per cent lower on Tuesday, have underperformed those of its …

business-standard.com

30%
OFF

BP Profit Slumps To Near Four-year Low As Oil Demand Sags

2 weeks from now

Oct 29, 2024 · BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 billion, the lowest in almost four years, weighed down by weaker refining margins and oil trading results.

reuters.com

$700
OFF

BP Shares Dip After Warning Weak Refining Will Hit Q2 Profit

2 weeks from now

LONDON (Reuters) -Weak refining margins and lower oil trading results will dent BP's second-quarter profit by up to $700 million, the company said on Tuesday, sending its shares down by …

yahoo.com

2%
OFF

BP Shares Make Biggest Gains In A Year On Buyback Plan As Profit …

2 weeks from now

Feb 6, 2024 · BP (UK:BP) (BP) shares have increased 2% in the year so far having made gains of less than 1% over the past 12 months. ... as lower oil and gas prices led to a dip in the …

morningstar.com

$2
OFF

BP Reveals 70pc Dip In Profit – But Still Sparks Climate Activists' Anger

2 weeks from now

Aug 1, 2023 · Oil giant BP has reported a 70pc drop in profits on the back of lower oil and gas prices. The FTSE 100 company on Tuesday posted second-quarter profits of $2.6bn (£2bn), …

telegraph.co.uk

FAQs about BP shares dip as oil and gas major flags $2 bn in expected charges Coupon?

Will BP record $1 billion in charges in the second quarter?

BP also expects to record $1 billion to $2 billion in charges in the second quarter, mainly tied to its review of Gelsenkirchen refinery in Germany. BP shares closed 4.3% lower, compared with a small dip in rival Shell's (SHEL.L) shares. ...

Why did BP share prices fall 4%?

In key news on UK stocks, BP PLC ( GB:BP) shares fell by nearly 4% after the oil and gas giant warned of up to $2 billion of impairment charges in its second-quarter trading update. This also includes charges associated with the ongoing review of BP’s Gelsenkirchen refinery in Germany. ...

Why did BP plc stock fall 4%?

In key news on UK stocks, BP PLC (GB:BP) shares fell by nearly 4% after the oil and gas giant warned of up to $2 billion of impairment charges ... ...

Will BP's oil & gas production be 'broadly flat'?

In a trading update released earlier this month, BP had already warned that it expected oil and gas production to be “broadly flat” and said it expected to report lower realised refining margins. BP said it net debt had grown to $24.2bn as of the end of the third quarter, up from $22.6bn in the second quarter. ...

Are BP shares a buy?

However, he said "despite continued risks, a focus on shareholder returns including a forecast dividend yield of around 6%, currently supports a consensus analyst opinion of the shares as a buy". Shares in BP fell on Tuesday morning after the oil major posted its weakest quarterly profit since the pandemic. ...

What happened to BP shares this year?

BP shares closed 4.3% lower, compared with a small dip in rival Shell's (SHEL.L) shares. So far this year, BP's shares have dropped by 2.5%, compared with a 10% gain for Shell's shares, and a nearly 12% rise in Exxon's shares. ...