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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.
Aker BP reaffirmed its fiscal 2025 outlook of production of 390-420 mboepd and said it is on track to pay its annual dividend of $2.52 per share. Looking ahead, Karl Johnny Hersvik, CEO, said, "We ...
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.
Forecasters seem pretty optimistic about prospects for the BP share price, suggesting it could be in for a major rally. Harvey Jones is less than convinced though. The post Outlook: in just 12 ...