BP p.l.c. (ADR) (NYSE:BP)

BP Energy Outlook: ‘Don’t Be Fooled’ by Recent Increases in Oil Prices

Finding, developing and extracting oil and gas is both a long and expensive game. That is a large part of the reason that oil and gas companies spend time and ...
Read Full Story »

Major Oil Stocks Scare Off Short Sellers

Crude oil reached above $66 a barrel for the first time in over two years in late January and early February. However, the price has dropped significantly since then and ...
Read Full Story »

BP Earnings Set the Stage for Solid Year Ahead

BP PLC (NYSE: BP) reported fourth-quarter and full-year 2017 results before markets opened Tuesday. For the quarter, the oil and gas supermajor posted adjusted diluted earnings per American depositary share ...
Read Full Story »

Major Oil Short Interest Matches Rising Prices

Crude oil reached above $66 a barrel for the first time in over two years this week. The price held relatively steady above $50 for most of 2017, but with ...
Read Full Story »

BP Finally Swims Away From Deepwater Horizon With Environment Still Damaged

On April 20, 2010, the oil drilling platform Deepwater Horizon exploded, killing 11 people and dumping nearly 5 million barrels of oil into the Gulf of Mexico. BP PLC (NYSE: ...
Read Full Story »

6 Most Important Things in Business Today

AT&T Inc. (NYSE: T) is under political pressure to end its relationship with a China-based telecom company. According to Reuters: U.S. lawmakers are urging AT&T, to cut all commercial ties to ...
Read Full Story »

Short Sellers Keep Backing Off Major Oil Stocks

Crude oil reached above $63 a barrel for the first time in over two years this week. The price held relatively steady above $50 for most of 2017, but with ...
Read Full Story »

BP Says US Tax Changes to Cost $1.5 Billion in Q4

Oil supermajor BP PLC (NYSE: BP) said in a press release Tuesday morning that the reduction in the U.S. corporate tax rate from 35% to 21% required the company to ...
Read Full Story »

Are Short Sellers Betting Against an Oil Rally?

Crude oil had reached above $60 a barrel for the first time in over two years this week. The price has held relatively steady above $50 for most of 2017, ...
Read Full Story »

Major Oil Short Sellers Run for Cover

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number and pushing higher. The price has held ...
Read Full Story »

Rising Oil Prices Have Short Sellers Confused

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number and pushing higher. The price has held ...
Read Full Story »

BP Stock at Boosted by Profit, Promise of Share Buybacks

BP PLC (NYSE: BP) reported third-quarter 2017 results before markets opened Tuesday. The oil and gas supermajor posted adjusted diluted earnings per American depositary share (ADS) of $0.53 on revenues ...
Read Full Story »

Major Oil Scares Off Short Sellers

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number. The price has held relatively steady at this level, ...
Read Full Story »

13 Spin-Offs Set to Radically Change Top Companies in 2017 and 2018

The bull market is now closer to nine years old than it is eight, and the great stock market rally of 2017 has continued to amaze skeptics and bulls alike. ...
Read Full Story »

Major Oil Scares Off Short Sellers

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number. If the price can hold near this ...
Read Full Story »