News & Comments

21 March 2025 Following environmental catastrophe, corporate missteps and plain bad luck, BP lags its peers. Now it’s scrambling to re-embrace fossil fuels while an activist circles. Is it too little, too late? What Went Wrong for BP? Why the Oil Major Hit Reset: https://www.bloomberg.com/news/articl... #business #documentary #oil Activist Elliott meets BP investors to discuss more changes, sources say BP p.l.c. (BP) NYSE

The Daily Mail newspaper reported rival Royal Dutch Shell had considered a takeover bid during the Gulf of Mexico oil spill on Monday 3rd January 2011. The shares hit a 6 month high yesterday and rose another 4.25p again today. Yahoo (below) indicate a year target of 7.57 pounds. Last Trade: 495.85 Trade Time: 13:34 Change: 4.25 (0.86%) Prev Close: 491.60 Open: 492.00 Bid: 495.85 Ask: 495.95 1y Target Est: 7.75 Day's Range: 490.70 - 500.10 52wk Range: 298.00 - 498.05 Volume: 22,944,500 Avg Vol (3m) : 30,825,500 Market Cap: N/A P/E (ttm) : N/A EPS (ttm) : N/A Div & Yield: N/A (N/A) The newspaper said Shell could yet bid for BP if another suitor emerged but Europe's largest oil company by market value was unlikely to be the "first mover." BP shares trade on a price-earnings ratio of 6.5 times, consensus 2011 earnings, while Shell trad...