Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

BP’s major shift in strategy should enable it to achieve very high earnings growth which should power its share price and ...

BP Plc (BP) garnered retail attention on Thursday after Bloomberg reported that activist investor Elliott Investment Management was ramping up pressure on the company after its new strategy fell short ...

By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.

British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging ...

BP repurchased $1.75B in stock and reduced net debt by $1.0B in Q4, enhancing shareholder value. Activist investor involvement could drive BP to pursue higher-risk and higher-potential oil and gas ...

BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2024, it produced 1.2 million barrels of liquids and 6.9 billion cubic feet of natural gas ...

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company ...

Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener. On top of cutting its renewable energy output plans, BP will also allegedly sell assets ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.