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BP profit beats expectations

BP profit beats expectations, but no news on Castrol sale

Chief Executive Murray Auchincloss said he expected completed or announced asset sale agreements would reach around $5 billion this year, helped by selling minority stakes in its U.S. onshore pipeline...

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BP Raises Full-Year Divestment Expectations After Results Beat Views

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BP Profit Beats in Sign That Turnaround Is Gathering Pace

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BP to sell stakes in US onshore pipeline assets for $1.5 billion

BP's U.S. onshore oil and gas business, bpx energy, will hold a 51% stake in the Permian assets and 25% in the Eagle Ford assets after the deal, the oil major said.

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Oil Major BP Maintains Share Buyback Pace as Third-quarter Profit Rises

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BP beats forecasts with $2.21 billion profit, maintains buybacks; stock slips

BP Agrees to Sell Stakes in US Shale Assets for $1.5 Billion

Funds managed by the US investment firm will purchase non-controlling interests in the Permian and Eagle Ford midstream assets, BP said in a statement. BP Chief Executive Officer Murray Auchincloss is divesting assets to turn around years of lagging performance that put the UK energy major in the crosshairs of activist shareholder Elliott Investment Management.

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European stocks close lower as investors react to flurry of corporate earnings

European stocks opened in negative territory on Tuesday, reversing positive sentiment seen at the start of the new trading month.

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Europe markets open: Stoxx 600 tumbles 1.1% as earnings caution takes hold

European stock markets fell sharply at Tuesday’s open, reversing the positive sentiment from the start of the month as investor focus shifted squarely to a heavy slate of corporate earnings reports. The pan-European Stoxx 600 index dropped more than 1.

Seeking Alpha

BP Q3 earnings expected at $0.77 EPS on $43.6B revenue; upstream production set to rise

BP p.l.c. (BP) is scheduled to announce Q3 earnings results on Tuesday, November 4th, before market open. The consensus EPS estimate is $0.77, on revenue of $43.62B (-9.7% Y/Y). The oil and gas major in October said it expects third-quarter upstream ...

London open: Stocks edge up as BP, Shell rally

London stocks edged higher in early trade on Monday, with energy issues in the black amid firmer oil prices, as investors eyed the latest policy announcement from the Bank of England later in the week.

LONDON MARKET OPEN: FTSE 100 rises after BP strikes divestment deal

Sterling was at USD1.3119 on Monday morning, down from USD1.3135 at the London equities close on Friday. The euro was lower at USD1.1511 from USD1.1536. Against the yen, the dollar was slightly higher at JPY154.14 versus JPY154.06.

Citi Reaffirms Their Buy Rating on BP p.l.c. (BP)

In a report released today, Alastair Syme from Citi maintained a Buy rating on BP p.l.c., with a price target of £4.75. The company’s shares closed yesterday at p446.85. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.