BP Stock Recent News

In the most recent trading session, BP (BP) closed at $30.5, indicating a +1.9% shift from the previous trading day.

BP, Chevron, ExxonMobil and TotalEnergies are harnessing AI to boost efficiency, cut emissions, and drive smarter energy production.

Shell has rejected reports its in talks to buy BP, but speculation continues to mount over potential bids. CEO Murray Auchincloss's strategy reset in February has so far failed to impress investors.

Live Updates Live Coverage Has Ended So Close and Yet so Far 4:09 pm by Gerelyn Terzo The S&P 500 and Nasdaq Composite indices both crossed over into record territory during today’s trading session but they came off those lofty levels by the market closing. The Nasdaq Composite still closed up about 1% to 20,167.91 while the S&P 500 index finished the day 0.80% higher at 6,141.02. Big Tech Downgrade 12:55 pm by Gerelyn Terzo While Tesla stock received a ringing endorsement from Wall Street analysts today, Apple (Nasdaq: AAPL) is seeing the other side of the spectrum. JPMorgan analysts lowered their price target on the iPhone maker to $230 from $240, keeping their “overweight” rating on the stock. The analysts are worried about demand for the iPhone 17. Apple shares are lower by 0.79% today. The Nasdaq Composite is now up 0.70%. Benchmark Bullish on TSLA 11:01 am by Gerelyn Terzo Wall Street research firm Benchmark is bullish on EV leader Tesla (Nasdaq: TSLA).

Shell has doubled down, denying rumors it is in early talks to buy rival U.K. energy giant BP, but it's not the first time the company has been the subject of takeover speculation.

Given escalating tensions in the Middle East and related uncertainty, investors may want to think about adding some exposure to energy stocks. Although the sector hasn't exactly crushed it in recent years, and talks of a ceasefire between Israel and Iran have kept oil prices down (as of June 24), the region is erratic, and there are plenty of scenarios that could lead to higher oil prices.

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP's significant discount and strategic shift might be due for reevaluation.

The numbers do not stack up convincingly for a Shell PLC (LSE:SHEL, NYSE:SHEL) takeover of BP PLC (LSE:BP.), according to JP Morgan.

Oil giant Shell has denied a report by the Wall Street Journal that it is in early talks to acquire U.K. rival BP.

A denial from Shell PLC (LSE:SHEL, NYSE:SHEL) this morning of last night's Wall Street Journal report that the oil giant was holding "early stage" talks to acquire BP, has not stopped the buzz of speculation in the City of London on Thursday morning. After the UK market close on Wednesday, the Wall Street Journal reported that Shell was holding "early stage" talks to acquire BP, with the discussions described as "active" with BP "considering the approach carefully.