BP Stock Recent News

Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership reshuffle, two shareholders told Reuters.

BP on Friday said U.S.-based asset management firm Apollo Global's managed funds will buy a 25% non-controlling stake in its unit, BP Pipelines (TANAP), for about $1 billion.

February investments fell below $1,000, mainly in BDCs like Owl Rock Capital and Ares Capital, boosting annual dividend income by $77. Dividend income hit a new February record of $505, up 5% Y/Y driven by organic dividend growth. Focus remains firmly on maintaining rising BDC dividends and achieving a monthly increase of at least $100 in dividend income.

BP activist investor Follow This plans to call for a vote against Chair Helge Lund's reappointment at its April 17 shareholder meeting, claiming he should have offered investors a say on scrapping energy transition targets.

Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.

BP (BP) reachead $34.22 at the closing of the latest trading day, reflecting a +1.36% change compared to its last close.

BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy market and expands natural gas exports.

BP plans to sell 50% of Lightsource BP to a strategic partner, with bids due in June. This is part of its strategy to cut costs and boost returns amid investor pressure.

BP plc BP is flashing strong technical signals, with bullish momentum building just as the stock approaches a Golden Cross — a classic indicator of potential upside.

Israel awarded licences to BP , Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves and expand exports.