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Furthermore, Leggate sees BP’s long-term production outlook as strong, with potential to exceed its targets by 2030 without asset disposals, providing a solid basis for future growth.
BP has outperformed the S&P 500, driven by strong operational execution and disciplined cost management in oil and gas ...
BP lowers outlook for gas production in first quarter and flags ‘weak’ trading - The energy giant said net debt will be about £3.1 billion higher at the end of the first quarter of 2025.
Meanwhile, BP’s refining marker margin (RMM) averaged $15.2 per barrel, compared to $13.1 per barrel in the fourth quarter. BP expects to report results for the first quarter on April 29, 2025.
At its February strategy update, BP said it assumed Brent prices would average $71.5-$74.4 a barrel between 2025-2027, while benchmark Henry hub gas prices would be $4.1-$4.3 per million British ...
BP gave a bleak outlook. Now it’s reportedly slashing jobs. By Steve Goldstein Published: Jan. 16, 2025, 6:37 a.m. ET Share ...
Q2 2025 Management View Melissa D. Smith, Chair and CEO, reported that "we delivered stronger financial results in the second ...
See our analysis BP Valuation for more details on what’s driving our price estimate for the stock. Quarterly Struggles, Long-Term Promise Q1 results underscored BP’s internal tug-of-war.
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