BP ( ($BP) ) has risen by 7.90%. Read on to learn why. BP’s stock has experienced a notable rise of 7.90% over the past week, driven by several key ...

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

This financial constraint may limit BP's ability to invest in growth opportunities or weather potential economic downturns, potentially perpetuating its underperformance.

BP is targeting an internal rate of return of 6 to 8 per cent from its renewables investments — far below the 15-20 per cent returns it typically gets from its oil and gas business.

JPMorgan Chase CEO Jamie Dimon noted that the U.S. economy remains resilient but warned of potential risks from tariffs, trade uncertainty, geopolitical conditions and fiscal deficits.

BP has lowered its outlook for gas production in the first quarter of 2025 while the energy giant said debts are set to jump.

Adding to its financial challenges, BP plans to take a $2-billion write-down as it scales back its refining operations at the Gelsenkirchen refinery in Germany.

The challenging macro landscape has further complicated BP's investment case. Analysts note that without a substantial improvement in economic conditions, the company may struggle to enhance its ...

Furthermore, Leggate sees BP’s long-term production outlook as strong, with potential to exceed its targets by 2030 without asset disposals, providing a solid basis for future growth.

BP PLC reported Q2 FY24 results, with sales of $47.299B, hydrocarbon production of 899 mboe/d, and adjusted EBITDA of $9.64B. Dividend increased by 10% and share buybacks of $1.75B completed. FY24 ...

Analysts express confidence in BP's upstream new growth prospects, viewing BPX as a key driver for future performance. Financial Health and Balance Sheet Concerns ...