All oil majors in the S&P 500 index have reported their fourth-quarter numbers. The earnings picture has been impressive with the Energy sector witnessing year-over-year earnings growth of 157.2% on the back of 23.8% higher revenues. In …
Earlier this year, I wrote a story about the five reasons to own BP plc (ADR) (NYSE:BP). The very first reason I listed for holding BP stock was the possibility that Exxon Mobil Corporation (NYSE:XOM) would buy the British oil giant for as …
I’m not the biggest fan of BP plc (ADR) (NYSE:BP), for a number of reasons. I don’t particularly like the energy space, as I expect oil and gasoline consumption and prices eventually will come down. There are lots of reasons BP stock isn’t for …
What we’ve learned in the past three years, since oil prices crashed, is which E&P companies can execute in this environment and which cannot. BP stock has proven it can and even said its break-even point is $42 per barrel. With oil …
The oil majors, including BP plc (ADR) (NYSE:BP), are under pressure. Oil prices are down almost 20% since climbing to $57.01 in January. BP stock has slipped by about 5% in the same period. Source: Mike Mozart via Flickr Lingering …