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The $198 bln oil major keeps getting asked about a bid for its struggling $77 bln UK rival. Right now, there’s little reason ...
As oil prices fall, shares in the likes of BP and Shell have been coming down. But should value investors be taking note? The ...
Harvey Jones made a bet on the struggling BP share price. So far, it's been a bad one. Yet analysts appear to be forecasting ...
BP stock price inched up on Friday, defying concerns over an upcoming OPEC+ meeting that could result in increased output.
Shares of BP have already lost nearly a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled. Shell may also wait for BP to reach ...
Shell is understood to be biding its time and awaiting further drops in BP’s shares and oil prices before deciding whether to bid. A Shell spokesman said: “As we have said many times before we ...
Shell shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential ...
while BP and Shell have underperformed. Over the last year, especially BP's performance was very underwhelming, with a share price loss of more than 25%. It looks like the market wants hydrocarbon ...
The Shell share price fell 2.1% yesterday (6 May) on reports published over the bank holiday weekend that the group’s thinking about buying BP (LSE:BP.). On many levels, the deal makes sense to me.
At the same time, the sources added that nothing was certain and Shell might eventually decide to focus on share repurchases and bolt-on acquisitions, the Bloomberg report said. BP reported a net ...
He said Shell’s share price makes buybacks an especially attractive way of spending money. A deal, which would be one of the biggest in the sector, would strike a devastating blow to both BP ...