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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.
BP <BP.L> raised its dividend and said it had completed a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas business on the last day in office for Chief ...
It pays a slightly smaller dividend of 3.1% but has a slightly better forecast growth rate of 7%. And at a valuation of just 13 times earnings, Conoco stock is a bit cheaper than Exxon. My ...
BP's worst environmental catastrophe was the 2010 Deepwater Horizon oil spill, the largest accidental release of oil into marine waters in history, which leaked about 4.9 million barrels (210 million US gal; 780,000 m 3) of oil, [14] causing severe environmental, human health, and economic consequences [15] and serious legal and public ...
BP boosted its dividend and share buybacks on Tuesday, sending its shares up by over 5%, after beating expectations with a $2.8 billion second-quarter profit powered by higher oil prices and ...
Dividend stripping is the practice of buying shares a short period before a dividend is declared, called cum-dividend, and then selling them when they go ex-dividend, when the previous owner is entitled to the dividend. On the day the company trades ex-dividend, theoretically the share price drops by the amount of the dividend.
Components are added when they reach the 25-year threshold and are removed when they fail to increase their dividend during a calendar year or are removed from the S&P 500. However, a study found that the stock performance of companies improves after they are removed from the index. [2]
BP shares were up 1.16% at 1312 GMT, as analysts questioned whether sticking with the dividend and hiking debt was a prudent strategy. "I can see many reasons why this recovery will take longer ...