BP (NYSE: BP) is reducing by $1 billion its quarterly share buyback program after reporting weaker-than-expected earnings, significantly lower cash flow, and rising net debt for the first quarter.

BP posted a $1.38 billion underlying RC profit for Q1 2025, below analysts' $1.6 billion consensus forecast, largely due to weaker gas trading and lower refining margins. The company announced a $ ...

BP said that its underlying replacement cost profit, its indicator for net income, dropped to $1.4 billion in the first quarter versus $2.7 billion a year earlier. An average of analysts ...

BP has struck a $1-billion deal to sell 25% of its stake in a pipeline taking gas from Azerbaijan to Turkey to New York-listed investor Apollo. The supermajor said that proceeds from the ...

BP to sell a 25% non-controlling stake in BP Pipelines (TANAP) Ltd to Apollo Global for $1 billion. The deal allows BP to monetize its interest in TANAP while maintaining control of the pipeline.

(Reuters) - BP has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to Apollo Global Management, the two firms said on Friday.

(Reuters) - BP (BP.L) has agreed to sell a stake in a firm invested in the TANAP gas pipeline linking Azerbaijan and Turkey for $1 billion to Apollo Global Management (APO), the two firms said on ...

CEO Murray Auchincloss is spearheading a $20 billion disposal programme through 2027 as BP looks to cut back on renewables while increasing spending on oil and gas. Sign up here. BP aims to cut ...

trimming $1 billion to $3 billion from 2024 levels, with 2025 capital expenditure expected at around $15 billion. BP also said it was reviewing its lubricants business, Castrol, and targeting $20 ...

Peter Dazeley / Contributor / Getty Images BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion ...

all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter BP is set to issue $1.25 billion in 6.125% Perpetual ...

BP said it paid an underlying effective tax rate of 42% in the third quarter. The energy company turned a $1 billion replacement cost profit on gas and low carbon energy in the third quarter ...