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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 470.25
Bid: 470.20
Ask: 470.30
Change: -0.25 (-0.05%)
Spread: 0.10 (0.021%)
Open: 468.40
High: 472.45
Low: 467.30
Prev. Close: 470.50
BP. Live PriceLast checked at -

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Shell-BG Group takeover expected to spark M&A fever in oil sector

Wed, 08th Apr 2015 09:37

Shell's £47bn takeover offer for BG Group not only sent shares in the natural gas outfit soaring on Wednesday, but gave other stocks in the sector a big boost.The deal sparked speculation that it may mark the start of a new round of industry consolidation, not seen since the late 1990s, as businesses adapt to the new norm of depressed crude prices.BG was trading nearly 38% higher at 1,252.16p by 09:22 after Shell's bid valued the group at around 1,350p per share, a 50% premium to its closing price of 910.4p on Tuesday.Shell chairman Jorma Ollila said the deal will result in a "more competitive, stronger company for both sets of shareholders in today's volatile oil price world".The takeover is expected to create the world's second-largest oil company after ExxonMobil and the biggest gas producer.Smaller producers such as BG Group have dropped sharply over the past year - down nearly 30% before this week - with oil having halved in price, while big oil names such as Shell and BP have posted only moderate falls.Accendo Markets trader Marc Kimsey said the moves have left the larger companies "in the position of predator rather than prey".Similarly, Richard Hunter, head of equities at Hargreaves Lansdown Stockbrokers, said the deal could "prompt other companies who have been running the slide rule over potential targets to make their move".Tullow Oil jumped nearly 10% on the news, while Afren surged 3%, Ophir Energy gained 7% and Genel Energy advanced 8%.
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31 Oct 2023 07:41

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

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31 Oct 2023 07:14

BP announces $1.5bn buyback as Q3 underlying profits rise 27%

(Sharecast News) - Oil titan BP has announced a new $1.5bn share buyback after reporting an underlying replacement cost profit of $3.3bn for the third quarter - but the bottom line came in well under market forecasts.

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30 Oct 2023 12:56

Tuesday preview: BP in the spotlight

(Sharecast News) - Financial markets' focus on Tuesday will be on the Bank of Japan as its top officials meet to decide on monetary policy.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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24 Oct 2023 15:48

UK earnings, trading statements calendar - next 7 days

Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Taylor Maritime Investments LtdTrading Statement
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
Friday 27 October 
International Consolidated Airlines Group SAQ3 Results
NatWest Group PLCQ3 Results
Monday 30 October 
Airtel Africa PLCHalf Year Results
Computacenter PLCTrading Statement
Glencore PLCTrading Statement
HSBC Holdings PLCQ3 Results
Lok'n Store Group PLCFull Year Results
Pearson PLCTrading Statement
Tuesday 31 October 
BP PLCQ3 Results
Coca-Cola HBC AGTrading Statement
Elementis PLCTrading Statement
essensys PLCFull Year Results
Georgia Capital PLCQ3 Results
Grit Real Estate Income Group LtdFull Year Results
RHI Magnesita NVTrading Statement
Spectris PLCQ3 Results
TP ICAP Group PLCTrading Statement
UP Global Sourcing Holdings PLCFull Year Results
  
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20 Oct 2023 10:02

UPDATE: BP ships cargo from expanded Tangguh facility in Indonesia

(Alliance News) - BP PLC on Thursday said it shipped its first cargo from Indonesia's expanded Tangguh liquefied natural gas facility.

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20 Oct 2023 09:55

BP ships first cargo from expanded Tangguh facility in Indonesia

(Alliance News) - BP PLC on Thursday said it shipped its first cargo from Indonesia's expanded Tangguh liquefied natural gas facility.

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20 Oct 2023 09:36

LONDON BROKER RATINGS: Barclays cuts Just Eat Takeaway price target

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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19 Oct 2023 12:10

LONDON MARKET MIDDAY: Conflict worry and bond sell-off hurts stocks

(Alliance News) - Stock prices in Europe were lower heading into Thursday afternoon, with the fear that tensions between Israel and its Middle Eastern neighbours could reach a boiling point.

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16 Oct 2023 16:53

LONDON MARKET CLOSE: Europe boosted by bullish open in New York

(Alliance News) - European equities found their groove in afternoon dealings, supported by a decent start in New York, with the lack of an escalation in Middle East tensions enough for investors to buy into equities again.

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16 Oct 2023 12:03

LONDON MARKET MIDDAY: Stocks mixed on conflict and US earnings nerves

(Alliance News) - Global markets got off to a muted start to the week, with tensions in the Middle East, and some trepidation ahead of US corporate earnings keeping a lid on equities.

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16 Oct 2023 08:51

LONDON MARKET OPEN: Stocks steady as eyes on oil, Israel, US earnings

(Alliance News) - Stock prices in London made little headway at Monday's market open, as the prospect of escalation in the Middle East prompted investors to be cautious.

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13 Oct 2023 17:08

LONDON MARKET CLOSE: Stocks red as rate fears weigh on investors

(Alliance News) - Stocks closed lower on Friday in London as investors looked increasingly risk averse amid an expectation that interest rates will stay higher for longer and clashes continue in the Middle East.

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13 Oct 2023 17:00

LONDON MARKET CLOSE: Stocks lower as conflict and rate fears weigh

(Alliance News) - Stocks in London ended in the red on Friday as escalating tensions in the Middle East and the prospect of interest rates staying higher for longer put investors in a firmly risk-off mood.

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13 Oct 2023 16:45

London close: Stocks finish lower on global stability concerns

(Sharecast News) - London stocks ended on a downbeat note on Friday after a hotter-than-expected US inflation print overnight, and escalating oil and gas prices fuelled anxiety across the board.

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