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BP. Shares - BP to sell its entire business in Alaska to Hilcorp Energy Corp for $5.6bn
"We have other opportunities, both in the US and around the world, that are more closely aligned with our long-term strategy," said boss Bob Dudley The deal forms a significant part of BP's plan to ...
FTSE 100 back in the red as traders eye soft start on Wall Street
Brent crude is trading 0.7% higher at US$59.44 on futures markets, which has at least given a fillip to oil giant BP PLC (LON:BP.), up 1.2% at 493.65p. “Concerns over the health of the global economy ...
StockBeat: BP Positions Itself for Shale Patch Bargain Hunt
Investing.com -- BP (LON:BP) is bolstering its position for a bargain hunt, and the market approves. Under a deal announced late on Tuesday, BP (LON:BP) will sell its entire Alaskan business ...
These 4 Measures Indicate That BP (LON:BP.) Is Using Debt Extensively
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' It's only natural to consider a company's balance sheet ...