Devdiscourse

BP's Strategic Castrol Sale: A $10 Billion Move

BP is close to selling a majority stake in its Castrol unit to Stonepeak for $6 billion. The deal is part of BP's plan to ...

BP appoints Meg O’Neill as the first female CEO

BP p.l.c. (NYSE:BP) is included among the 12 Best Crude Oil Stocks to Buy for Dividends. BP p.l.c. (NYSE:BP) is a British ...
Seeking Alpha

BP's Leaner, Sharper Strategy Could Drive A Rerating--Here's The Case

BP is undergoing a strategic pivot, focusing on cash returns and debt reduction while divesting non-core assets and maintaining operational reliability above 95%. Valuation metrics like EV/EBITDA, ...
Devdiscourse

BP's $6 Billion Castrol Sale: A Game Changer in Asset Strategy

BP has agreed to sell a 65% stake in its Castrol lubricants business to Stonepeak for $6 billion, advancing its $20 billion ...
NBC DFW

Oil giant BP braces for shareholder showdown over green strategy U-turn

Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's ...
Yahoo Finance

Tracking the Evolving Narrative for BP After Strategic Reset and Analyst Reappraisal

BP's latest price target revision reflects a subtly more optimistic narrative, with a slightly higher required return offset by a marginally stronger long term revenue outlook. These changes mirror ...
NBC New York

BP chair Helge Lund to step down after oil major pledges strategic reset

British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having ...