BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 ...

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RBC Capital cuts BP price target to 480p, citing weak investment case and debt concerns. Goldman Sachs lowers target to 560p, highlighting earnings risks from lower oil and gas price realizations.

(Bloomberg) -- European equities fell on Tuesday after disappointing earnings from heavyweights BP Plc and Novartis AG and as traders assessed growing market risks in what is shaping up as a key ...

BP yesterday posted its lowest quarterly profits since the pandemic as the oil and gas industry braced for a Budget tax raid. The energy giant’s third quarter earnings fell 30 per cent to £1 ...

(Bloomberg) -- BP Plc raised the possibility that its share buybacks could slow next year from the $1.75 billion quarterly pace seen in 2024, as weaker oil prices push its debt higher. Shares fell.