BP Stock Recent News
BP LATEST HEADLINES
A Natural, Functional Medicine-Based Blood Pressure Program Offers a Drug-Free Alternative to Hypertension Through Nutrition, Lifestyle, and Root-Cause Reversal Strategies A Natural, Functional Medicine-Based Blood Pressure Program Offers a Drug-Free Alternative to Hypertension Through Nutrition, Lifestyle, and Root-Cause Reversal Strategies
BP's shares surged on takeover speculation in May and the company submitted decent Q1 earnings last month, despite lower liquids realizations. BP generated fairly stable results in oil production in the first-quarter and continued to spend a lot of money on buybacks. The energy giant also has a long term capital framework that calls for capital returns equal to 30-40% of its operating cash flow.
BP awards Oceaneering a 3-year subsea deal at the GTA gas field, with options to extend as field operations begin in Q2 2025.
A consolidation wave has washed over the oil patch in recent years. ExxonMobil (XOM 1.11%) kicked things off with its $64.5 billion deal for Pioneer Natural Resources in late 2023.
Investors love dividend stocks, especially high-yield companies in the energy sector, because they offer a significant income stream and have substantial total return potential.
Meanwhile, activist investor Elliott Management is pushing for more aggressive goals to get the company back on its feet.
Shell's potential acquisition of BP could offer substantial synergies and shareholder returns, though it's not confirmed yet. Shell's strong financials include $4.8 billion in quarterly income, manageable $41 billion net debt, and robust FCF and capital investments. Shell's diversified portfolio, especially in LNG, supports strong segment performance and profitable CFFO, even in a weak oil price environment.
Chevron, Exxon Mobil and TotalEnergies are among other big oil companies that could be considering a deal for BP, a report said Friday.
Shares in BP edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company.
Several British ADRs are standing out and may be worthy of investors' consideration, with President Trump reaching a trade deal with the U.K. on Thursday.