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5 'Magic Formula' Energy Stocks to Consider as Oil Prices Rise

  • Joel Greenblatt (Trades, Portfolio) introduced the investing world to the “Magic Formula” when he published his bestselling book, “The Little Book That Beats the Market,” in 2005. The idea behind the Magic Formula is to apply a simple mathematical formula to find profitable businesses that trade at bargain prices.
    03/15/2022

Midstream Weekly Recap: Midstream Equities Have Fallen Too Far

  • Midstream followed oil and oil-related equities lower during the week. However, the sector's fundamentals remain strong. We discuss why now is the time to buy midstream G&Ps.
    08/26/2021
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BP Midstream Partners LP (BPMP) can buy. Click on Rating Page for detail.

The price of BP Midstream Partners LP (BPMP) is 17.11 and it was updated on 2024-10-17 07:02:14.

Currently BP Midstream Partners LP (BPMP) is in undervalued.

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Friday Afternoon Analyst Upgrades and Downgrades: Microsoft, Petco Health, Phillips 66 and More

  • With the trading day more than halfway over, the broad markets made a big push higher to close out the week after a series of down days.
    Fri, Aug. 20, 2021

MLPs In The Crosshairs: Changes To Tax Treatment In Biden's Budget

  • Biden released his proposed fiscal 2022 budget on Friday. Plenty of changes in there, and while many areas are getting more federal money, traditional energy is seen as a source of more tax dollars.
    Sun, May. 30, 2021

BP Midstream Partners: Intrinsic Value Still Over 50% Higher Even Without Any Distribution Growth

  • Many of those in the midstream industry have been increasing their distributions during 2021 but not BP Midstream Partners.
    Thu, May. 20, 2021

44 10%-Plus Yield Dividend Stocks Priced $5-$25 For March

  • Analyst top-10 target net-gain estimates for these bargain basement dogs 3/4/21 ranged 15.05%-60.54% from HMLP, FSKR, FSK, BPMP, KNOP, CHMI, DHT, SCU, MAGS, EURN, and top pick, USAC per YCharts. Top-10 10%+Yield@$5-$25 priced firms by yield, FSUMF, SCU, ORC, SRLP, SOLLY, IMBBF, SHLX, USAC, DHT, and top dog, EURN ranged 13.24%-19.14%. Expect more dividend adjustments in coming weeks.
    Sat, Mar. 06, 2021

54 10%+ Yield Dividend Stocks Priced $5-$25 For February

  • These dividend dog 10%+ Yield @ $5-$25 prices are all sourced from YCharts which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut. Analyst top ten target net gain estimates for top ten bargain basement dogs 2/10/21 ranged 14.09%-34.06% from SOLLY, SHLX, HMLP, MAGS, OKENF, BPMP, MPLX, TRMD, CHMI, and top pick, KNOP per YCharts data.
    Fri, Feb. 12, 2021
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SEC Filings

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 04/05/2022

BP Midstream Partners LP (BPMP) - 425

  • SEC Filings
  • 12/20/2021

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 03/04/2021

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 03/04/2021

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 02/12/2021

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 10/16/2020

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 10/13/2020

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 02/25/2020

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 08/12/2019

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 03/18/2019

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 02/28/2019

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 05/09/2018

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 05/09/2018

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 11/29/2017

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 11/29/2017

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 11/28/2017

BP Midstream Partners LP (BPMP) - 4

  • SEC Filings
  • 11/01/2017

BP Midstream Partners LP (BPMP) - S-8

  • SEC Filings
  • 10/30/2017

BP Midstream Partners LP (BPMP) - 3

  • SEC Filings
  • 10/25/2017

BP Midstream Partners LP (BPMP) - S-1

  • SEC Filings
  • 09/11/2017

BP Midstream Partners LP (BPMP) - DRS

  • SEC Filings
  • 06/16/2017
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72 10%+Yield Dividend Stocks Priced $5-$25 For January

  • 72 10%+Yield Dividend Stocks Priced $5-$25 For January
  • 01/07/2021

Critical Contrast: BP Midstream Partners (NYSE:BPMP) & Noble Midstream Partners (NYSE:NBLX)

  • Noble Midstream Partners (NASDAQ:NBLX) and BP Midstream Partners (NYSE:BPMP) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, valuation, earnings and dividends. Volatility & Risk Noble Midstream Partners has a beta of 3.68, indicating that […]
  • 10/04/2020

BP's Green Strategy Should Not Impact BP Midstream Partners (NYSE:BPMP)

  • BP is planning to considerably expand capital spending on renewable power and reduce investment in hydrocarbon assets.
  • 09/18/2020

BP Midstream Partners: A Very High Yield Without The Very High Risk

  • Following my latest article on Shell Midstream Partners, it seems timely to follow up with an equivalent analysis of BP Midstream Partners who currently offer a distribution yield of over 12%.
  • 08/19/2020

Blue Flame Special For Midstream

  • Midstream followed up last week's big week with another strong week of price action. Midstream's gains were mostly isolated to Monday and Wednesday.
  • 08/16/2020

62 10%+Yield Dividend Stocks Priced $5-15 For August Dog Days

  • These dividend dog 10%+Yield at $5-15 prices are all sourced from YCharts, which allows a dividend yield to persist for 365 days after the most recent report if a dividend is cut.
  • 08/07/2020

ClearBridge MLP and Midstream Total Return Fund Inc. Announces Unaudited Balance Sheet Information as of July 31, 2020

  • ClearBridge MLP and Midstream Total Return Fund Inc. (NYSE: CTR) announced today the unaudited statement of assets and liabilities, the net asset valu
  • 08/07/2020

BP Midstream Partners LP : 2020 Second Quarter Results Webcast Slides | MarketScreener

  • 08/06/2020

BP shares: 3 reasons I’ll avoid them

  • Andy Ross thinks investors tempted by BP shares should stay well clear and isn't attracted by its low, low price or new strategy.
  • 08/05/2020

David Jones, BP unveil plans for 21 new stores in NSW, Victoria

  • While many businesses are struggling to survive, the partnership between high-end department store David Jones and BP is thriving - and they are looking to expand.
  • 08/05/2020

Is the FTSE 100’s BP now an unmissable bargain share?

  • BP could be an unmissable bargain share as the company steps up its transformation programme. I think the future looks bright for the business.
  • 08/05/2020

BP walks the emissions talk with plan to slash oil production and boost renewable spend - Stockhead

  • It has been in the works for some time and while COVID-19 and its impact on oil demand might have accelerated the process, energy giant BP has now outlined concrete plans to slash oil and gas production by 40 per cent and focus on clean energy. The supermajor, which posted a record $US6.7bn ($9.3bn) loss […]
  • 08/05/2020

UK's largest firms fail to cut CEO pay to navigate Covid-19 crisis

  • Only 36 FTSE 100 companies cut pay despite most turning to government’s furlough scheme
  • 08/05/2020

Oil giant BP plunges into RM71.1b quarterly loss

  • The ongoing severe impacts of the Covid-19 continue to create a volatile and challenging trading environment, BP says
    LONDON • BP plc plunged into a net loss of almost US$16.85 billion (RM71.11 billion) in the second quarter (2Q), the British oil giant announced yesterday, as the coronavirus pandemic ravaged demand for oil, sending prices […]
  • 08/05/2020

BP To Cut Oil Production 40% By 2030, And Invest Billions Into Green Energy

  • In some refreshingly good news for the environment, news coming out of London, BP has announced that it is planning to cut oil and gas production by 40% and invest billions of dollars into clean energy.
  • 08/05/2020

Very Negative News Coverage Extremely Likely to Affect BP (NYSE:BP) Stock Price

  • Press coverage about BP (NYSE:BP) has trended very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being […]
  • 08/05/2020

BP PLC (BP) CEO Bernard Looney on Q2 2020 Results - Earnings Call Transcript

  • BP PLC (NYSE:BP) Q2 2020 Earnings Conference Call August 4, 2020 4:00 AM ET Company Participants Craig Marshall - Senior Vice President, Investor Relations Helge Lund - Chairman Bernard Looney - Chief Executive Officer Murray Auchincloss - Chief Financial Officer Giulia Chierchia - Executive Vice President, Strategy and Sustainability Conference Call Participants Oswald Clint - Bernstein Christyan Malek - JP Morgan Jason Kenney - Santander Lydia Rainforth - Barclays Biraj Borkhataria - RBC Michele Della Vigna - Goldman Sachs Irene Himona - Societe Generale Henry Tarr - Berenberg Peter Low - Redburn Jason Gammel - Jefferies Jon Rigby - UBS Pavel Molchanov - Raymond James Lucas Herrmann - Exane Presentation Craig Marshall Good morning and welcome to BP’s Second Quarter Results and Strategy Live Presentation.
  • 08/05/2020

Tech helps hazelnut farmers fight soil erosion

  • BANKGKOK: When her husband suddenly died, Nakimo set up a small shop in Bhutan’s southern Chukha district to provide for her family of seven, then began growing hazelnut trees, which not only boosted her income, but also helped preserve the soil on her land. Nakimo benefited from a program by social enterprise Mountain Hazelnuts that aims to find sustainable uses for fallow land and prevent soil erosion — an increasing challenge for small-scale farmers in the Himalayan nation.
  • 08/05/2020

BP slashes payout to fund shift from fossil fuels

  • BP says it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects.
  • 08/05/2020

BP shares: 3 reasons I’ll avoid them

  • BP shares: 3 reasons I’ll avoid them
  • 08/05/2020

BP cuts dividend for the first time in a decade

  • BP cuts its dividend for the first time in a decade after a record $6.7 billion second quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
  • 08/04/2020

Jim Cramer: 'I can't take how stupidly bullish this market can be'

  • "Never underestimate the power of enthusiastic buyers who do not know what they're doing," the "Mad Money" host said.
  • 08/04/2020

BP plunges into US$16.8b Q2 loss

  • BP plunged into a net loss of almost US$16.85 billion in the second quarter, the British oil giant announced on Tuesday, as the coronavirus pandemic ravaged demand for oil, sending prices tumbling. Read more at The Business Times.
  • 08/04/2020

BP cuts dividend after record loss: New boss plots green revolution

  • The energy giant was hammered by a sharp drop in oil prices, triggered by the pandemic. But shares jumped after chief exec Bernard Looney (pictured) unveiled some details of its new green strategy.
  • 08/04/2020

BP’s climate crisis pledge lays down a marker for others to follow

  • Commitments to slash oil production and boost investment in renewables are welcome – but there is still a long way to go, writes Ben Chapman
  • 08/04/2020

After the BP dividend cut, where's left for the income-hunter?

  • BP traditionally generates the largest dividend payment among the big blue chip FTSE 100 giants and experts say the firm will remain one of the largest payers this year despite the cuts.
  • 08/04/2020

BP reports second-quarter loss after major write downs, halves dividend - Oil & Gas 360

  • The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
  • 08/04/2020

Exxon Mobil: A Quarter That Investors Would Rather Forget (NYSE:XOM)

  • Revenues and other income came at $32.61 billion, down 52.8% compared to the second quarter last year and down 41.9% sequentially.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention - business morphing to ESG compliance is not optional - Oil & Gas 360

  • The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
  • 08/04/2020

BP Walks Away From the Oil Supermajor Model It Helped Create - BNN Bloomberg

  • In the late 1990s, BP Plc boss John Browne used an oil-price slump to usher in the age of the supermajor, buying U.S. rivals Amoco and Arco to create a transatlantic giant. He kicked off a round of mergers that saw his company and four others dominate the industry -- Exxon Mobil Corp. and Chevron Corp. in the U.S., Royal Dutch Shell Plc and Total SA in Europe.
  • 08/04/2020

Oil giant BP promises massive future investments in renewables, H2 and other zero to low energies | Power Engineering

  • Historically high-positioned oil and gas producer BP announced Tuesday that it will reshape its business model to focus on low-carbon energies such as hydrogen, renewables and carbon capture. The move to transition from a oilfield leader to an integrated energy company will take its first shape over the next 10 years, the company once known...
  • 08/04/2020

BP's dividend cut puts firm on road to deliver green energy pledge

  • Lockdown has hammered oil prices but it also offers a chance to refocus on clean energy
  • 08/04/2020

BP Slashes Its Quarterly Dividend by 50% | The Motley Fool

  • It's the oil giant's first payout cut in a decade.
  • 08/04/2020

BP plc (BP) Q2 2020 Earnings Call Transcript | AlphaStreet

  • BP Plc (LON: BP) Q2 2020 earnings call dated Aug. 04, 2020 Presentation: Craig Marshall -- Group head of investor relations Good morning, and welcome to BP's Second Quarter Results and Strategy L
  • 08/04/2020

Why BP Stock Fell 10% in July | The Motley Fool

  • As the troubles facing energy companies increased, BP investors got increasingly worried about the future
  • 08/04/2020

Daily on Energy: Industry lays out what’s at stake with pending offshore wind leases

  • Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
  • 08/04/2020

Stock Markets Move Higher Despite BP Dividend Cut, Virgin Galactic Stock Offering | The Motley Fool

  • Signs of a waning wave of COVID-19 cases seemed to appease investors.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • BP cut its dividend for the first time in a decade after a record $6.7 billion second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
  • 08/04/2020

BP looks to a low carbon future after coronavirus oil carnage

  • It’s not every day that an oil giant gets a slap on the back from Greenpeace. But that’s exactly what BP achieved this morning.
  • 08/04/2020

BP : Second Quarter 2020 Financial Results and Strategy Presentation | MarketScreener

  • 08/04/2020

BP Pivots To Low Carbon Energy (NYSE:BP)

  • In a strategic shift, BP announced a 10x increase in low-carbon investments by 2030, 8x by 2025. The company expects oil and gas production to drop 40% by 2030.
  • 08/04/2020

BP Earnings: BP Stock Skyrockets 6% Despite Q2 Misses

  • BP earnings on Tuesday have BP stock on the rise despite the company reporting lower-than-expected numbers for the second quarter of FY2020.
  • 08/04/2020

BP shares rise 7% on plans to cut oil and boost renewable investments

  • All major oil companies suffered in the second quarter as lockdowns to contain the new coronavirus limited travel and oil prices fell to their lowest ...
  • 08/04/2020

BP Cuts Dividend for the First Time in a Decade After Record Loss. Here’s Why the Stock Is Rising.

  • BP stock surged on Tuesday, despite the oil giant cutting its dividend for the first time in a decade after reporting a $16.8 billion second quarter loss.
  • 08/04/2020

BP Slashes Dividend As Covid-19 Propels Q2 Loss; Shares Rise 8%

  • BP PLC cut its dividend in half for the first time since 2010 after posting a $16.8 billion loss in the second quarter, as the energy giant expects weaker
  • 08/04/2020

BP to cut dividends as it prepares for fossil fuel decline

  • BP plc said Tuesday it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects.
  • 08/04/2020

BP to cut oil and gas production by 40% over 10 years

  • BP plans to cut its oil and gas production by 40 percent over the next decade to meet its net-zero emissions goal by 2050.
  • 08/04/2020

BP Thinks It Knows More Than You About Clean Fuel - BNN Bloomberg

  • The oil major is slashing dividends and selling assets to fund the energy transition. Its promise to generate high returns as a result merits skepticism.
  • 08/04/2020

Coronavirus Update: Take-Two Reports U.S. Video Game Sales Rose

  • Here's the latest on the coronavirus pandemic and how it's impacting your portfolio.
  • 08/04/2020

BP Reports $17.7 Billion Loss, Cuts Dividend--2nd Update | MarketScreener

  • 08/04/2020

BP rallies after cutting dividend while Diageo slumps after maintaining its payout

  • It was an unusual day in London stock-market trade on Tuesday, where the company that preserved its dividend fell while the company that cut its payout in...
  • 08/04/2020

What to watch today: Stocks to open slightly lower after Nasdaq's new record high

  • Dow futures were indicating an opening decline of around 90 points as coronavirus relief talks persist, Disney set to report earnings after the bell.
  • 08/04/2020

BP cuts dividend as virus hastens moves to curb oil output

  • BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business.
  • 08/04/2020

This FTSE 100 giant has just halved its dividend, but I’d buy its shares today!

  • This £57bn FTSE 100 stalwart has just halved its dividend. However, I'd buy and hold its shares for the 5.4% dividend that still remains.
  • 08/04/2020

Gold Is Hitting Record Highs. What That Means for the Economy.

  • Trump says U.S. should get paid for a TikTok sale, school reopenings are off to a rocky start, Trump may act alone on relief measures while congressional talks stall, and other news to start your day.
  • 08/04/2020

'BP has woken up': Oil giant pledges to reduce fossil fuel portfolio in beefed up net zero strategy

  • BP announces pivot to become 'integrated energy company' as it pledges to cut oil and gas production by 40 per cent and ramp up clean energy and technology investment after suffering record loss in the second quarter of 2020
  • 08/04/2020

Stocks making the biggest moves in the premarket: Twitter, Alphabet, Regeneron, Sony & more

  • The stocks making the biggest moves in premarket trading include Twitter, Alphabet, Regeneron, Sony, and more.
  • 08/04/2020

Oil Giant BP Plunges Into $16.8-bn Quarterly Loss

  • Oil giant BP plunges into $16.8-bn quarterly loss
  • 08/04/2020

Here’s what history tells us about U.S. stocks in a close election race and why the polls matter, Deutsche Bank says

  • U.S. stocks look set to dip slightly on Tuesday after Monday’s rally, as U.S.-China tensions rise over TikTok.
  • 08/04/2020

Wall Street Breakfast: Back To Earnings

  • Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
  • 08/04/2020

The BP share price is rising: here’s what you need to know

  • The BP share price is up, despite the firm cutting its dividend by 50%. Roland Head explains what's happened and what he'd do next.
  • 08/04/2020

BP Gains Following Q2 Loss, Dividend Cut on Low-Carbon Plans

  • Shares of BP gain, even after reporting a second-quarter loss and dividend cut, on optimism over longer-term plans to cut costs and focus on being greener.
  • 08/04/2020

Oil prices slide as new virus outbreaks stall global recovery - LearnBonds.com

  • Oil prices slid amid fears that early signs of a recovery in fuel demand will be snuffed out by fresh coronavirus spikes around the world.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • Shares rose more than 7% on Tuesday after BP unveiled earlier than expected a plan to reduce its oil and gas output by 40%
  • 08/04/2020

Breakingviews - BP gets serious about tough corporate reshaping

  • (Reuters Breakingviews) - Bernard Looney is betting BP’s house on his green energy ambitions. Besides cutting the dividend to free up cash for renewable investment, the chief executive of what is still essentially a 61 billion pound oil and gas company plans to reduce hydrocarbon production by 40% over the next decade.
  • 08/04/2020

BP slashes dividend after suffering record losses

  • The London Economic | The company also unveiled its strategy to slash emissions, revealing that it aims to cut oil and gas production by 40% | Finance
  • 08/04/2020

BP share price: I’d buy this FTSE 100 share for BIG dividends as the oil giant cuts payouts

  • Today BP became the latest FTSE 100 stock to cut dividends . But don't despair! Here's one big-yielding UK share I think could help you get rich.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • BP cut its dividend for the first time in a decade after a record $6.7 billion second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • BP cut its dividend for the first time in a decade after a record $6.7 billion second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
  • 08/04/2020

BP's in the red, slashing its dividend and vowing a greener future

  • The oil giant posted a $6.7 billion Q2 loss and cut its dividend in half.
  • 08/04/2020

BP has pledged to cut oil production by 40% this decade

  • British oil major announces 10-fold boost in low-carbon energy investment by 2030
  • 08/04/2020

BP to cut oil and gas production by 40% as it sets out road to net zero - Evening Telegraph

  • BP is to cut the amount of oil and gas it produces by 40% by the end of the decade, the energy giant announced on Tuesday as it fleshed out plans to become a “net zero” company by 2050.
  • 08/04/2020

BP to cut oil and gas production by 40% as it sets out road to net zero - Evening Express

  • BP is to cut the amount of oil and gas it produces by 40% by the end of the decade, the energy giant announced on Tuesday as it fleshed out plans to become a “net zero” company by 2050.
  • 08/04/2020

BP stock price gains 8% on a dividend reset | Invezz

  • Shares of BP PLC (LON: BP.) rose 8% on Tuesday after the oil giant announced a dividend ‘reset’ by 50%. BP stock price is now trading above GBX300 again as it attempts to break the descending trend line.  Fundamental analysis: New strategy presented  BP reported a loss of $16.8 billion, mostly due to $10.9 billion worth of impairments. As expected, the firm struggled amid a collapse in crude oil prices and low demand during the COVID-19 outbreak. The London-based oil giant took an underlying replacement cost loss of $6.7 billion, against a $2.8 billion profit in the same period a
  • 08/04/2020

Asian Stocks Rally While Europe Equities Ease as Focus Turns to Stimulus Talks

  • Asian stocks rallied on Tuesday while European stocks edged back from the previous day’s stellar gains, as traders priced in a wave of strong manufacturing data released across the globe.
  • 08/04/2020

Stocks Tread Water as Earnings Season Gathers Pace

  • U.S. stock futures wavered as a slew of major companies reported earnings, some of them beating already low expectations from coronavirus economic troubles.
  • 08/04/2020

BP to cut dividends as it prepares for fossil fuel decline

  • The company expects oil and gas production to drop by about 40% over the same period. To help finance this strategic shift, BP says it will cut dividends to 5.25 cents a share from 10.5 cents in the first quarter.
  • 08/04/2020

BP halves dividend after record $ 6.7 billion loss in second quarter

  • All major oil companies suffered in Q2 as lockdowns to contain coronavirus limited travel and oil prices fell to their lowest in two decades
  • 08/04/2020

BP's Bernard Looney is taking his medicine with the painful divi cut

  • There, now that wasn’t so bad, was it?  Since he took on the top job at BP, Bernard Looney has been behaving like a schoolboy playing hookey to avoid his tetanus shot. He knows it’s unavoidable, but can’t bear the thought of the pain. After ducking the decision six months ago, when it was plain that oil was set for a demand shock like we’ve not seen in a generation, today he’s proffered his arm to Nurse and taken it. He's halved the dividend like his predecessors did in 1992 and 2010. And guess what? He barely felt a scratch.
  • 08/04/2020

Oil giant BP swings to a $17 billion loss and slashes its dividend for the first time in a decade as coronavirus turns the energy sector upside down

  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company.
  • 08/04/2020

BP to cut oil and gas production by 40% as it sets out road to net-zero

  • BP to cut oil and gas production by 40% as it sets out road to net-zero
  • 08/04/2020

London stocks hit by weak Diageo, Babcock earnings

  • Weak quarterly earnings reports from spirits maker Diageo and engineer Babcock pressured London-listed stocks on Tuesday, while BP tracked its best day in two months after delivering a widely expected dividend cut.
  • 08/04/2020

UPDATE 1-London stocks hit by weak Diageo, Babcock earnings

  • Weak quarterly earnings reports from spirits maker Diageo and engineer Babcock pressured London-listed stocks on Tuesday, while BP tracked its best day in two months after delivering a widely expected dividend cut.
  • 08/04/2020

Oil giant BP plunges into $16.8 billion quarterly loss

  • The quarterly loss after tax of almost $16.85 billion (14.10 billion euros) compared with net profit of $1.82 billion in the second quarter of 2019, BP said.BP set out details on how it expects to achieve 'net zero' carbon emissions for the company by 2050
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention | MarketScreener

  • 08/04/2020

BP halves dividend as Covid-19 turmoil pushes oil major to loss

  • Worset result since Deepwater Horizon disaster comes as CEO looks to create net zero emissions business
  • 08/04/2020

European stocks steady after big rally to start August

  • European stocks were steady on Tuesday, after a wave of manufacturing reports suggested a stronger economic recovery across the globe.
  • 08/04/2020

BP to cut dividends, spend $7b a year on clean energy

  • BP says it will slash dividends by up to 50 per cent as it ramps up its renewable energy projects over the next decade.
  • 08/04/2020

BP : 2Q 2020 slides | MarketScreener

  • 08/04/2020

BP Reports $17.7 Billion Loss, Cuts Dividend--Update | MarketScreener

  • 08/04/2020

BP slashes dividend for the first time since 2010

  • BP investors will now receive just 5.25 US cents (4p) per share, compared with 10.25 cents (7.8p) last time around.
  • 08/04/2020

BP Reports $17.7 Billion Loss, Cuts Dividend

  • BP cut its dividend for the first time in a decade in a reset that would enable it to pivot away from oil and gas and invest more in low carbon energy, marking the most dramatic transition plans yet from an oil major.
  • 08/04/2020

BP halves dividend after record loss in coronavirus quarter - CityAM

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss
  • 08/04/2020

BP to cut fossil fuels output by 40% by 2030

  • Energy group BP will increase its low-carbon spending to US$5 billion a year by 2030 and boost its renewable power generation to 50 gigawatts (GW) while shrinking oil and gas output by 40% compared with 2019, it said on Tuesday.
  • 08/04/2020

BP halves dividend as Covid-19 pandemic hits oil demand - business live

  • Rolling coverage of the latest economic and financial news
  • 08/04/2020

BP : to cut dividends as it prepares for fossil fuel decline | MarketScreener

  • 08/04/2020

BP to cut dividends as it prepares for fossil fuel decline

  • BP plc says it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects
  • 08/04/2020

BP to cut dividends as it prepares for fossil fuel decline

  • LONDON (AP) - BP plc says it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects. London-based BP said Tuesday it plans to increase spending on low-carbon technology, including renewable energy projects, 10-fold to $5 billion a year over the next decade. The company expects oil and gas production to drop by about 40% over the same period. To help finance this strategic shift, BP says it will cut dividends to 5.25 cents a share from 10.5 cents in the first quarter. The change will help the company meet its previously announced goal of achieving net zero carbon emissions by 2050 or sooner. BP announced the shift as it reported a second-quarter operating loss of $6.68 billion as the COVID-19 pandemic cuts oil prices and demand for energy. The figure, which excludes one-time items and changes in the value of inventories, compares to an operating profit of $2.81 billion in the same period last year.
  • 08/04/2020

Oil giant BP slashes dividend as virus hastens moves to curb oil output

  • [LONDON] BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business. Read more at The Business Times.
  • 08/04/2020

BP halves dividend after record loss in Q2

  • BP has cut its dividend for the first time in a decade, after reporting a record $6.7 billion loss in the second quarter as the Covid-19 crisis hammered energy demand.
  • 08/04/2020

BP halves dividend in record loss as coronavirus pandemic bites oiler

  • Oil giant BP has slashed its dividend in half for the first time since the Deepwater Horizon disaster a decade ago.  The decision comes after the oil major posted a multi-billion loss as oil prices tumbled over the period as a result of crumbing demand.   For the second quarter the company will pay out 5.25 US cents per share, compared with 10.5 US cents per share in quarter one.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention | MarketScreener

  • 08/04/2020

BP halves dividend after record loss in second quarter

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.
  • 08/04/2020

BP cuts dividend for first time since Deepwater Horizon after huge loss - Evening Telegraph

  • BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.
  • 08/04/2020

BP cuts dividend for first time since Deepwater Horizon after huge loss - Evening Express

  • BP has slashed its dividend payout for the first time since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.
  • 08/04/2020

BP cuts dividend after record loss in second quarter

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion (5.12 billion pounds) loss in the second quarter as the coronavirus crisis hammered energy demand.
  • 08/04/2020

UPDATE 1-BP to cut fossil fuels output by 40% by 2030

  • Energy group BP will increase its low-carbon spending to $5 billion a year by 2030 and boost its renewable power generation to 50 gigawatts (GW) while shrinking oil and gas output by 40% compared with 2019, it said on Tuesday.
  • 08/04/2020

UPDATE 1-BP halves dividend after record loss in Q2

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.
  • 08/04/2020

BP halves dividend after record loss, speeds up reinvention

  • 08/04/2020

BP slashes dividend as Covid pushes it to record $16.8bn loss

  • Company to shift towards clean energy after writing down value of its oil and gas assets
  • 08/04/2020

BP cuts dividend as virus hastens moves to curb oil output - BNN Bloomberg

  • BP Plc slashed its dividend for the first time in a decade and set out new targets to accelerate its shift to greener energy after the coronavirus pandemic upended the oil business.
  • 08/04/2020

Oil giant BP plunges into US$16.8 billion quarterly loss

  • LONDON (AFP) - BP plunged into a net loss of almost US$16.85 billion (SUS$23.1 billion) in the second quarter, the British oil giant announced on Tuesday (Aug 4), as the coronavirus pandemic ravaged demand for oil, sending prices tumbling.. Read more at straitstimes.com.
  • 08/04/2020

BP's 2030 plan sees 40% drop in fossil output, $5 billion/year low carbon budget

  • Energy group BP said it would increase its low-carbon spending by 2030 to $5 billion (3.82 billion pounds) a year and boost its renewable power generation to 50 gigawatts, while shrinking its oil and gas production by 40% compared with 2019.
  • 08/04/2020

BP cuts dividend after record loss in second quarter

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.
  • 08/04/2020

BP cuts dividend after record loss in second quarter

  • BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion (5.12 billion pounds) loss in the second quarter as the coronavirus crisis hammered energy demand.
  • 08/04/2020

BP slashes dividend in half after $16.8 billion loss

  • Oil giant BP on Tuesday cut its dividend in half after reporting a $16.8 billion loss for the second quarter.
  • 08/04/2020

European stocks set for muted open as investors react to data and earnings

  • European stocks are heading for a tepid open to Tuesday's trading as investors react to a slew of corporate earnings, after positive manufacturing data around the world drove stocks higher to start the week.
  • 08/04/2020

BP reports $6.7 billion second-quarter loss after major write downs, cuts dividend

  • Energy giant BP reported a significant loss for the second quarter after downgrading the value of its oil and gas assets on expectations of lower commodity prices.
  • 08/04/2020

BP Cuts Dividend for First Time Since the 2010 Macondo Oil Spill

  • BP Cuts Dividend for First Time Since the 2010 Macondo Oil Spill
  • 08/04/2020

Oil crisis presents BP's new CEO with a chance to change

  • As Bernard Looney took to the stage in London in February to announce his plan to transform BP Plc for a low-carbon future, the U.K. capital confirmed its first case of Covid-19.
  • 08/03/2020

BP using fund meant for low-carbon technology to invest in fossil fuels

  • An investigation by Unearthed, Greenpeace UK’s investigative journalism unit, has discovered the fund is being used to invest in firms supporting the fossil fuel sector
  • 08/03/2020

Chinese oil giant CNPC eyes BP’s $1.5bn stake in Oman gas field

  • China’s state-owned oil giant is reportedly conducting advanced discussions with BP for a 10 per cent stake in the Khazzan natural gas field.
  • 08/02/2020

BP (BP) Set to Announce Earnings on Tuesday

  • BP (NYSE:BP) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, August 4th. Analysts expect BP to post earnings of ($0.37) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link. Shares of BP stock opened at […]
  • 08/02/2020

Oil Crisis Presents BP’s New CEO With a Chance to Change - BNN Bloomberg

  • As Bernard Looney took to the stage in London in February to announce his plan to transform BP Plc for a low-carbon future, the U.K. capital confirmed its first case of Covid-19.
  • 08/02/2020

Oil Crisis Presents BP’s New CEO With a Chance to Change

  • Oil Crisis Presents BP’s New CEO With a Chance to Change
  • 08/02/2020

BP's prized dividend faces chop after Covid triggers £5.2bn loss

  • City analysts said BP could cut or shelve its payout alongside the figures, which have been forecast to show a $6.8billion (£5.2billion) loss in the second quarter of this year.
  • 08/01/2020

BP’s share price is down 40% in 2020. Is now the time to buy?

  • The BP share price has slumped this year as the price of oil has collapsed, but the company seems to have a bright future.
  • 08/01/2020

BP’s share price is down 40% in 2020. Is now the time to buy?

  • BP’s share price is down 40% in 2020. Is now the time to buy?
  • 08/01/2020

The jobs report and congressional politics may matter more for markets than earnings in the week ahead

  • The market could lose some exuberance as the calendar turns to August, and investors await Friday's July employment report.
  • 07/31/2020

What will BP do about dividend this quarter?

  • The energy group has already warned it could write off the value of its production equipment and oilfield exploration assets by as much as £13.5billion after the recent crash in oil prices.
  • 07/31/2020

Chevron, Noble Energy, And Noble Midstream: Energy Love Triangle

  • Chevron takes out Noble Energy at a depressed multiple, seeing significant value in many different assets.
  • 07/31/2020

Better Buy: ExxonMobil vs. BP | The Motley Fool

  • These two high-yield oil majors aren't in the same position today. Here's why one of these companies outshines the other.
  • 07/31/2020

Chinese oil giant CNPC eyes BP's US$1.5b stake in Oman gas field

  • [BEIJING] China National Petroleum is in talks to acquire part of BP's stake in a key gas field in Oman, according to people familiar with the matter. Read more at The Business Times.
  • 07/30/2020

Environment, Social And Governance Risks Are Financial Risks

  • In this post, we share three proof points of the value-add associated with ESG awareness and integration.
  • 07/30/2020

Slick Oil Trading Helps Royal Dutch Shell and Total

  • Trading, retail and other formerly peripheral businesses will likely become increasingly important for integrated oil majors like Shell and Total.
  • 07/30/2020

'Stranded': Total writes down $8bn of fossil fuel assets

  • French oil giant concedes oil sands projects are becoming too expensive and warns that 'beyond 2030' peak oil demand beckons
  • 07/30/2020

UK economic revival under way but jobs concerns grow

  • Guardian analysis shows hit to workers gathering pace despite boost from lockdown easing
  • 07/30/2020

UK car dealership Pendragon to cut 1,800 jobs

  • Owner of dealers such as Evans Halshaw to shed head office and showroom staff as Covid-19 deepens industry crisis
  • 07/30/2020

Pizza Hut considers insolvency as Covid-19 crisis threatens jobs

  • Restaurant chain, with 5,700 staff, still hopeful of reopening most of its 244 UK branches
  • 07/29/2020

Reliance BP Mobility  to invest up to ₹3,000 cr in fuel retail business

  • RBML plans to set up battery swapping stations at the fuel retail outlets, expand their number to over 5,500
  • 07/29/2020

BP fined £7,000 over crude oil discharge in North Sea

  • The London Economic | About 95 tonnes of oil was released into the sea 75 miles west of Shetland on October 2 2016 leading to the penalty | News
  • 07/28/2020

BP Midstream Partners (NYSE:BPMP) Downgraded by Zacks Investment Research

  • Zacks Investment Research lowered shares of BP Midstream Partners (NYSE:BPMP) from a buy rating to a hold rating in a research report released on Friday morning, Zacks.com reports. According to Zacks, “BP Midstream Partners LP is a master limited partnership. It owns, acquires, operates and develops pipelines and other midstream assets. The Company provides crude […]
  • 07/27/2020

BP donates $2M and manpower toward Houston's Climate Plan

  • The donation of money and manpower makes BP the city’s “strategic partner” in implementing the wide-ranging framework.
  • 07/22/2020

Top Ranked Value Stocks to Buy for July 22nd

  • Top Ranked Value Stocks to Buy for July 22nd
  • 07/22/2020

Valeo Financial Advisors LLC Takes $224,000 Position in Summit Midstream Partners LP (NYSE:SMLP)

  • Valeo Financial Advisors LLC purchased a new stake in shares of Summit Midstream Partners LP (NYSE:SMLP) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 226,400 shares of the pipeline company’s stock, valued at approximately $224,000. Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. […]
  • 07/22/2020

Santos takes $1.1b hit as COVID-19 wipes out oil demand

  • Santos has become the latest Australian oil and gas producer to take heavy write-downs on the value of its assets as coronavirus guts energy demand.
  • 07/21/2020

BP plc (NYSE:BP) Receives Average Recommendation of “Hold” from Analysts

  • BP plc (NYSE:BP) has received an average recommendation of “Hold” from the twenty-six research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have given a buy rating to the company. The average 12 month […]
  • 07/15/2020

JPMorgan Chase & Co. Increases BP (LON:BP) Price Target to GBX 425

  • BP (LON:BP) had its price target lifted by JPMorgan Chase & Co. from GBX 400 ($4.92) to GBX 425 ($5.23) in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The brokerage presently has an “overweight” rating on the oil and gas exploration company’s stock. JPMorgan Chase & Co.‘s price objective […]
  • 07/15/2020

Opinion: Get rid of fossil fuel corporations on decision making tables

  • The climate column: It is time for our governmental bodies to relegate the climatically genocidal fossil-fuelled industries to their rightful role as consultees
  • 07/15/2020

Google picks 7.7 pc stake in Jio for Rs 33,373 cr

  • 07/15/2020

Mukesh Ambani AGM speech highlights — Reliance Industries announces Jio Glass, Google partnership and plans to build a new smartphone

  • 07/15/2020

Woodside stalls project plans amid oil market rout

  • Woodside's growth plans including a multibillion-dollar pipeline of new projects off the coast of Australia have been called into question.
  • 07/15/2020

BP plc (LON:BP) Insider Acquires £313.20 in Stock

  • BP plc (LON:BP) insider Bernard Looney bought 108 shares of BP stock in a transaction on Friday, July 10th. The shares were purchased at an average cost of GBX 290 ($3.57) per share, for a total transaction of £313.20 ($385.43). Bernard Looney also recently made the following trade(s): On Wednesday, June 10th, Bernard Looney acquired […]
  • 07/15/2020

Huawei decision 'may delay 5G rollout by three years and cost UK £7bn'

  • Experts warn small towns and rural areas will be hardest hit by UK ditching Chinese firm
  • 07/14/2020

7 Rebound Stocks to Buy After the Beatdown

  • Feel like you missed the big stock market recovery? These seven rebound stocks are still selling at generously discounted prices today.
  • 07/14/2020

Huawei to be stripped of role in UK's 5G network by 2027, Dowden confirms

  • U-turn puts Boris Johnson on collision course with Tory rebels on timing of ban
  • 07/14/2020

BP, Mercuria first global firms delivering oil into Shanghai contract

  • BP delivered 3 million barrels of Iraqi oil to the Shanghai International Energy Exchange (INE) this month, becoming the first major global trader to make a physical delivery since China launched the futures market in 2018, industry sources said on Tuesday.
  • 07/14/2020

BP, Mercuria first global firms delivering oil into Shanghai contract: sources

  • BP delivered 3 million barrels of Iraqi oil to the Shanghai International Energy Exchange (INE) this month, becoming the first major global trader to make a physical delivery since China launched the futures market in 2018, industry sources said on Tuesday.
  • 07/14/2020
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