BP PLC ADR
NYSE: BP
$36.72
+$0.30 (+0.8%)
Closing price May 24, 2024
BP Articles
Short interest rose on most oil & gas stocks in the two-week short interest period that ended February 28.
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24/7 Wall St. has tracked more than 35 analyst downgrades in the oil patch on Monday, after a Saudi-Russia price war on top of the coronavirus outbreak knocking demand for oil.
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If the wider spread of COVID-19 wasn't bad enough for the public and the markets, now an oil price war between Russia and Saudi Arabia is pouring salt on the wounds.
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Short interest in oil and gas stocks was mixed in the reporting period that ended February 14. Crude prices did not begin to tumble until a week later, however.
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The energy sector dropped more than 4.5% Monday to continue its slide since the beginning of the year.
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The impact of the spreading coronavirus has hit the energy sector particularly hard. Here are some of Monday's biggest losers.
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BP on Wednesday announced plans to become a net zero emitter of carbon dioxide by 2050. Details won't be announced until September.
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Crude oil prices have fallen since the outbreak of coronavirus in China was revealed in early January. Short sellers have been selective with their bets and continue to be so.
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Norway's state-controlled oil giant, Equinor, announced Thursday that it plans to cut its carbon intensity by 50% over the next 30 years. Success depends on lowering the company's dependence on oil...
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U.K.-based BP reported both a profit and revenue beat for the quarter and for the year Tuesday morning. The company also boosted its dividend.
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Short interest has increased on four of six energy stocks we track. Crude prices have been hit hard by worries over the impact of the coronavirus outbreak on demand for oil. Short interest in a...
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Friday's top analyst upgrades, downgrades and initiations included Adobe, BP, Caterpillar, CSX, Intel, IBM, NextEra Energy, Pinterest, Qualcomm, Snap, Twitter, Western Digital and Yum Brands.
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BP has been a dead stock since its Deepwater Horizon disaster in 2010. Jefferies feels that is about to change as it was named into a Top Franchise Picks list in overseas analyst coverage. Get ready...
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Tuesday's top analyst upgrades, downgrades and initiations included Amazon.com, Apple, Bed Bath & Beyond, BP, GameStop, Meet, PTC, Total, Visa and Wynn Resorts.
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Short interest in oil and gas stocks rose in the final two weeks of December. Since then, crude prices have been volatile due to the confrontation between the United States and Iran, reaching a...
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