BP plc Newswire (Page 3)

BP plc Newswire (Page 3)

Comprehensive Real-Time News Feed for BP plc. (Page 3)

Results 41 - 60 of 1,490 in BP plc

  1. BP Earnings Beat To Drive Global Energy ETFs HigherRead the original story w/Photo

    Wednesday Apr 29 | Seeking Alpha

    ... Further, stronger-than-expected results for the first quarter of 2015 from Europe's third-largest oil company, BP plc (NYSE: BP ), before the opening bell yesterday spread optimism into the global energy sector. Though the global oil price slide ...

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  2. BP, union reach tentative deal to end Whiting refinery strikeRead the original story w/Photo

    Wednesday Apr 29 | Vallejo News

    BP Plc and the United Steelworkers union chapter representing striking workers at the company's Whiting, Indiana, refinery reached a tentative agreement on Wednesday to end an 11-week work stoppage. The two sides have to negotiate an agreement on returning the striking workers to the Chicago-area plant, but a ratification vote is expected next week, said Dave Danko, president of USW Local 7-1, which represents the workers.

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  3. BP Stock Price Gets Help from Downstream OperationsRead the original story w/Photo

    Wednesday Apr 29 | Money Morning

    ... and more. Follow his closely guarded techniques for making oversized gains in the most profitable sector in history. BP Plc. (NYSE ADR: BP ) reported its first-quarter earnings before market open yesterday (Tuesday). It is the first of the largest ...

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  4. BP: Unhedged, Oil Majors' Cash Flows Suffer Sharp ContractionRead the original story w/Photo

    Wednesday Apr 29 | Seeking Alpha

    Just one slide in BP's first quarter 2015 results presentation says it all: stable dividends do not make oil majors immune to the oil price decline. BP this morning reported a strong contraction in its operating cash flow from the E&P sector, driven by low oil price realizations.

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  5. BP: It's The Tax Break, StupidRead the original story w/Photo

    Wednesday Apr 29 | Seeking Alpha

    If BP plays to its historical strengths, the rate of growth should become more normal, but this will take some time. BP Plc , in the past four years, has shrunk to a size it calls optimal. 1 comment

  6. Alex Brummer: Boardroom excesses continue to divide Britain in run-up to electionRead the original story w/Photo

    Apr 28, 2015 | Daily Mail

    Centrica did extremely well to bring in Iain Conn from BP to replace Sam Laidlaw. The new chief executive recognises that as the owner of Britain's biggest energy supplier it needs a whole new approach in dealing with customers if the steady drift away to other suppliers is not to become a torrent.

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  7. UK's oil services firms to cut jobs to ride out price slumpRead the original story w/Photo

    Apr 28, 2015 | Vallejo News

    ... job cuts. A day earlier, smaller peer John Wood Group Plc , the Aberdeen-based company whose customers include BP Plc , said it was in consultation with 380 PSN unit employees, or about a fifth of its onshore UK workforce for the unit, ...

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  8. Refining helps BP and Total weather oil price stormRead the original story w/Photo

    Apr 28, 2015 | Vallejo News

    BP and Total reported higher than expected profits on Tuesday thanks to steep increases in profits from refining, showing the resilience of global oil firms in the face of slumping oil prices. Large oil companies have closed down dozens of refineries in the past few years due to over capacity and because refining, or downstream in industry jargon, has been long seen as a drag on earnings compared to more profitable oil and gas production.

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  9. BP beats estimates on strong refiningRead the original story w/Photo

    Apr 28, 2015 | Seeking Alpha

    Due to the dramatic fall in oil prices, BP posted a sharp drop in first-quarter profit, but the results beat analyst estimates due to a larger than expected increase in refining revenue. Underlying replacement cost profit - which takes into account the fluctuations in the price of oil - came in at $2.58B, down from $3.22B a year earlier, but above the $2.24B reported last quarter.

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  10. BP profits soar on strong refiningRead the original story w/Photo

    Apr 27, 2015 | HawaiiNews

    BP reported first-quarter profit of $2.58 billion on Tuesday, largely beating expectations, as a hefty increase in refining revenue offset a slump in oil production earnings.

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  11. Centrica's shareholders protest over new chief's pay packageRead the original story w/Photo

    Apr 27, 2015 | The Independent

    British Gas-owner Centrica was hit by the City's latest pay revolt yesterday, over incentives handed to its new chief executive, the former BP man Iain Conn. Overall, 33 per cent of investors failed to back the energy supplier's remuneration policy at its annual meeting in London, following a critical report by the influential advisory group, ISS.

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  12. Bloody nose for Centrica chief Iain Conn as shareholders revolt over group's pay plansRead the original story w/Photo

    Apr 27, 2015 | Daily Mail

    Centrica faced a stinging revolt from shareholders over its pay as the owner of British Gas fielded angry questions over its decision to slash the dividend. Some 34 per cent of the group's investors refused to back its pay plans because of a controversial share award handed to boss Iain Conn, pictured, when he joined at the start of the year.

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  13. BP plc Earns Hold Rating from InvestecRead the original story

    Apr 27, 2015 | AmericanBankingNews.com

    BP plc traded down 0.173% on Monday, hitting $43.385. The stock had a trading volume of 4,281,377 shares.

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  14. BP plc (BP) - Investment Analysts' Recent Ratings ChangesRead the original story

    Apr 27, 2015 | AmericanBankingNews.com

    They now have a GBX 420 price target on the stock. 4/27/2015 - BP plc had its "hold" rating reaffirmed by analysts at Canaccord Genuity.

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  15. Centrica prepared for takeover approach - chairmanRead the original story

    Apr 27, 2015 | Reuters

    Britain's largest energy supplier Centrica has made preparations in case it is approached with a takeover offer, the utility's chairman said at the company's annual shareholders' meeting in London. "Do we have, as a matter of just good governance, an approach to dealing with potential takeovers? Absolutely we do," said Centrica Chairman Rick Haythornthwaite on Monday.

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  16. Government warns off BP suitors now Shell unavailable as 'white knight'Read the original story w/Photo

    Apr 27, 2015 | Vallejo News

    Britain's warning to potential suitors of BP is a sign of the oil major's vulnerability to a takeover bid and that a more politically palatable tie-up with Royal Dutch Shell no longer seems to be an option, banking and industry sources said. Despite championing a laissez-faire policy towards takeover deals, Britain has always had a special interest in BP, dating back to the creation of the company via an unusual government investment master-minded by Winston Churchill.

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  17. Centrica finds relief in cold start to the yearRead the original story w/Photo

    Apr 27, 2015 | West Australian

    The utility's supply business benefited from colder than average weather in Britain and North America over the first quarter that resulted in customers using more energy to stay warm. The company, which owns British Gas and has much to prove after a major management reshuffle and the start of a strategic review, said it expected a rise in downstream profits to be more than offset by the impact of lower commodity prices.

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  18. FT: U.K. warns BP over potential takeoverRead the original story w/Photo

    Apr 27, 2015 | Seeking Alpha

    The British government has told BP it would oppose any potential takeover of the company, which was seriously weakened by the huge bill incurred after the Deepwater Horizon disaster and a recent plunge in oil prices. Authorities acknowledge that the U.K. would have few formal powers to block a bid, but a senior City figure briefed on the government thinking said making its opposition so clear may deter any foreign company making an offer, FT reports .

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  19. UK government would oppose any takeover of BP: FTRead the original story w/Photo

    Apr 26, 2015 | Vallejo News

    Britain's outgoing government has told BP Plc that it wants the company to remain a British industrial champion and it would oppose any takeover of the oil producer, the Financial Times reported. The message follows the $70 billion deal to acquire rival producer BG by oil major Royal Dutch Shell , which has sparked speculation of a larger wave of consolidation similar to the one at the end of 1990s during another oil price decline.

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  20. If The Future Resembles The Past, Exxon Shareholders Have A Lot To Look Forward ToRead the original story w/Photo

    Apr 23, 2015 | Seeking Alpha

    ... the most attractive shareholder remunerations (buyback + dividend yield = 6.74%). Arguably, the European oil majors BP Plc (NYSE: BP ) and Total (NYSE: TOT ) are cheaper, but they are also in the midst of a downturn in profits, and are more exposed ...

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