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It’s been a pretty good year for BP plc (ADR) (NYSE:BP) so far, with shares of BP stock up about 9% in 2018. In fact, there are three reasons to consider owning BP plc (ADR) stock. Despite all ...
BP PLC (NYSE:BP) shares are trading lower after the company reported third-quarter results. Sales and other operating revenues came in at $47.254 billion, missing the consensus of $52.557 billion.
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Since 2016, BP has brought 23 major upstream projects online that will help it achieve its target of producing an additional 900 thousand barrels of oil equivalent per day volumes by 2021.
BP p.l.c. (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas " supermajors " and one of the world's largest companies measured by revenues and profits. [ 3 ]
The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. [4] They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American depositary shares (ADSs).
The week closed with shares of BP (BP) down less than 2% for the week. Not bad, given that the company's beleaguered CEO Tony Hayward was grilled before a hostile U.S. Senate. The company said it ...