BP PLC ADR
NYSE: BP
$30.18
+$0.22 (+0.7%)
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BP Articles
Short interest in oil and gas stocks mostly declined in the two-week reporting period ended July 31. There was one glaring exception, however.
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Oil &and gas supermajor BP reported a second-quarter adjusted net loss of $6.7 billion and announced a dividend cut of 50%. Investors have bid the shares up as a result.
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When BP reports second-quarter results Tuesday morning, analysts are expecting a sharp loss and sharply lower revenue. The company has maintained its massive dividend and probably has no choice but...
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Oil and gas giant Shell reported second-quarter results Thursday that included a $22.3 billion noncash, pr-tax impairment charge on the value of its assets.
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Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
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Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
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The oil and gas industry has been hit hard by the COVID-19 pandemic, but many companies have continued to pay their previous dividends. Are they going to be able to continue doing so?
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UK-based oil major BP has agreed to sell its global petrochemical business to privately held Ineos for $5 billion. This is only the second-largest deal the two companies have done together.
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In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
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If investors have learned one thing over time, it is that it can be very painful when a company announces that it is cutting its dividend. 24/7 Wall St. has screened out 10 stocks that have dividends...
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Oil supermajor BP is issuing some $12 billion in new debt as it works to beef up its balance sheet ahead of a second-quarter asset impairment that could go as high as $17.5 billion.
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British oil and gas giant BP announced Monday that it would take a second-quarter write-off of some $13.0 billion to $17.5 billion due to the near- and long-term impacts of the COVID-19 pandemic.
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Short interest in oil and gas stock mostly declined in the two-week period that ended May 29. Rising crude oil prices get the credit.
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Another energy company believes it is overstaffed. Oil giant BP will cut 10,000 jobs. Most of those jobs will be office based.
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Short interest rose on several oil and gas stocks during the two week reporting period that ended May 15.
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