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Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 507.80
Bid: 507.60
Ask: 507.80
Change: -2.60 (-0.51%)
Spread: 0.20 (0.039%)
Open: 506.40
High: 515.30
Low: 504.70
Prev. Close: 510.40
BP. Live PriceLast checked at -

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Broker tips: RBS, BP, ENRC

Fri, 14th Dec 2012 11:19

Investec has reiterated its 'sell' rating and 265p target price for banking group RBS on the back of the company's exposure to a tough market in Ireland.Figures from the Central Bank of Ireland showed yesterday that "things are, as we feared, still getting worse", with the number of mortgages in over 90 days of arrears continuing to rise."Perhaps we obsess on Ireland a bit too much? We recognise that it only accounts for 10.1% of RBS' balance sheet, but it has contributed 45% (or £9.3bn) of all group impairments over the past 11 quarters."Credit Suisse has cut its recommendation for BP from 'outperform' to 'neutral', on the back of the stock's valuation and 'lack of near-term momentum'."Three years after Macondo, BP remains in recovery mode in 2013, with positive momentum returning only in 2014+. We do not believe that a Macondo resolution is enough to own the stock, since large portions of the costs have been paid/settled, leaving less to 'play for'."UBS has downgraded its rating for ENRC from 'buy' to 'neutral', saying that there are 'challenging times' ahead for the FTSE 100 mining group.The broker reckons that ENRC is at risk of breaching its banking covenants and equity may need to be issued to raise the freefloat level from 18% to 25% by the end of next year.BC
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Big turnout expected in New York offshore wind power auction

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BP sees Trinidad deepwater gas project getting greenlight as soon as 2025

PORT OF SPAIN, Jan 23 (Reuters) - BP expects the Calypso deepwater natural gas field off Trinidad and Tobago, which it shares with Woodside Energy, to get the greenlight when a final investment decision (FID) is made as early as the end of next year, a company executive said.

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Trinidad in talks with Europe to supply Venezuelan gas

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SDI promotes Chief Operating Officer Stephen Brown to chief executive

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

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18 Jan 2024 21:47

Three New England states extend offshore wind solicitation due date

Jan 18 (Reuters) - Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states' next offshore wind solicitations from Jan. 31 to March 27.

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18 Jan 2024 20:32

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17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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17 Jan 2024 12:10

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

*

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17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

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TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

(Alliance News) - BP PLC on Wednesday said that it will buy Getec Energie GmbH as it promoted Murray Auchincloss to the role of permanent chief executive officer.

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17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

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17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

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