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Analysts cut the price target on BP p.l.c. (NYSE:BP) following the company’s third quarter results reported on Tuesday. BP’s revenue fell short at $47.25 billion, below the $52.56 billion ...
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.
Full fiscal year revenue achieved an all-time high of $25 billion, up around 16% year over year. Operating income also hit a new record of $3.6 billion, up more than 82% year over year.
TravelCenters of America (TA) shares are surging today as BP’s (BP) North America subsidiary announced it is buying the fuel and service centers in a $1.3 billion all-cash deal.
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.
The stock market will end 2025 lower than its current levels, according to Stifel chief investment strategist Barry Bannister. Bannister sees sticky inflation prompting the Federal Reserve to hold ...
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