Sean Taghavi on LinkedIn: BP shares rise 5% after British oil giant ...

Oil major BP accelerates pace of share buybacks after sharp drop in full-year profit https://lnkd.in/gdhV--Ks ... Sean Taghavi’s Post ... BP shares rise 5% after British oil giant …

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Sean Taghavi On LinkedIn: BP Shares Rise 5% After British Oil Giant ...

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Oil major BP accelerates pace of share buybacks after sharp drop in full-year profit https://lnkd.in/gdhV--Ks ... Sean Taghavi’s Post ... BP shares rise 5% after British oil giant …

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Sean Taghavi’s Post - LinkedIn

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Sean Taghavi’s Post ... Oil major BP accelerates pace of share buybacks after sharp drop in full-year profit ... BP shares rise 5% after British oil giant announces plans to boost shareholder ...

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BP Shares Rise 5% After British Oil Giant Announces Plans To ... - MSN

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British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop in full-year profits aligned with lower oil prices. ... CNBC. BP shares rise 5% after British ...

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Manuel Zuri On LinkedIn: BP Shares Rise 5% After British Oil Giant ...

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BP shares rise 6% after British oil giant announces plans to boost shareholder returns British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop …

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Down 25% From Its One-year Traded High, Is BP’s Share Price

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Jan 6, 2025 · BP’s share price is down 25% from its 12 April 12-month traded high of £5.40. This is due to a decline in the oil price over the period caused, I believe, by two main factors. First, …

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BP Shares Rise After Reports UAE Oil Company Had Pondered Takeover

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Apr 12, 2024 · BP’s shares had gained about 3.1% by mid-morning on Friday, in a day where other companies also fared well as the FTSE 100 pushed close to an all-time high. BP’s rival, …

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

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Oct 29, 2024 · A 9% annual rise in BP's debt levels has further worried investors. The energy giant maintained its dividend at 8 cents a share after raising it in the previous quarter.

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BP Shares Rise After Annual Profits Double - Sky News

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Feb 5, 2019 · The oil giant also shrugged off a recent fall in oil prices to post a 65% rise in fourth quarter profits to $3.5bn (£2.7bn). Shares in the FTSE 100 company, a staple of many UK …

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Will The BP Share Price Ever Hit £5 Again? | The Motley Fool UK

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Oct 4, 2024 · Given that the majority of BP’s income is generated from the sale of oil and oil-based products, it comes as no surprise to learn that its financial performance (and therefore …

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Sean Taghavi On LinkedIn: BP Shares Down 4% After Third-quarter …

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Oil major BP misses estimates for third quarter as profits plummet https://lnkd.in/gmHYQp5k ... Sean Taghavi’s Post ... BP shares down 4% after third-quarter profit plummet

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The BP Share Price Fell Almost 5% Yesterday And Another 2

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Oct 30, 2024 · The BP share price fell again yesterday, and with oil dropping towards $70 a barrel Harvey Jones doesn't expect an instant recovery. Here's what needs to happen first.

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Sean Taghavi On LinkedIn: Oil Giant Shell Beats First-quarter Profit ...

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Oil giant Shell beats first-quarter profit estimates despite weaker gas prices https://lnkd.in/gNu2sSwh ... Sean Taghavi’s Post ... launches $3.5 billion share buyback

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FAQs about Sean Taghavi on LinkedIn: BP shares rise 5% after British oil giant ... Coupon?

Why did BP stock rise 6% on Tuesday?

Shares of BP rose 6% on Tuesday after the oil giant accelerated the pace of its buybacks and increased its dividend, despite a drop in annual profit. The energy major increased the pace of its share repurchases, announcing intentions to execute a $1.75 billion share buyback prior to reporting first-quarter results. ...

Why did BP's latest results come from an activist investor?

BP's latest results come as the company faces pressure from one activist investor over its strategy. In a letter to BP Chair Helge Lund and then-interim CEO Murray Auchincloss in October, Bluebell Capital Partners urged the company to ramp up its oil and gas investments and reduce spending on clean energy. ...

Could BP takeover a rival?

BP’s share price has been for years underperforming some of its international rivals, leaving the company potentially vulnerable to a takeover approach from one of its rivals. According to the US Energy Information Administration, companies in the oil and gas sector spent more on mergers and acquisitions last year than at any point since 2012. ...

Why did BP announce a $175 billion share buyback?

The energy major increased the pace of its share repurchases, announcing its intention to execute a $1.75 billion share buyback prior to reporting first-quarter results. BP said it was committed to announcing a $3.5 billion share buyback for the first half of the year. ...

Are share buybacks a good idea for BP?

Share buybacks are a way of adding shareholder value in good years. However, this isn’t a good year. Not for BP, not anymore. Throwing money at shareholders while profits slump looks a little bit needy, in my view. As if the board is trying to buy favour. Or maybe apologise for share price underperformance relative to sector peers. ...

Will BP beat the expected buyback?

"What BP has done is not only beat on the expected buyback over the next couple of quarters but given clarity to what that buyback — and this is a minimum amount of what that buyback will be — over the next couple of years. And that's been a big sticking point with investors," he added. ...