WebAug 29, 2024 · The buyback is expected to be executed before BP reports for the third-quarter. Undervalued relative to rivals. ... Shares of BP trade at a P-E ratio of 7.34… 22% below the industry average P-E ... WebFeb 5, 2024 · And BP has been able to buy back these shares while the stock price has lingered below pre-pandemic levels. This has been a significant buyback program and one executed at a tremendous valuation.
BP Q1 2024: Bumper first-quarter net profit, massive loss on Russia - CNBC
WebBP stock made gains early on Tuesday, as the oil major committed to $500 million share buybacks after profits more than tripled in the first quarter. We've detected you are on Internet Explorer. WebApr 27, 2024 · Analysts had expected BP to report first-quarter profit of $1.4 billion. Looking ahead, BP said it intends to resume share buybacks at a cost of around $500 million in the second quarter.... qwabe twins reed dance
BP to buy back $8 billion of shares, returning its 2003 ... - bp global
WebApr 27, 2024 · Shares in BP enjoyed a boost this morning after the company reported better than expected first-quarter results and confirmed plans to restart share buybacks later this year. The UK energy major said “an exceptional gas marketing and trading performance, significantly higher oil prices and higher refining margins” had driven a three-fold ... WebMay 3, 2024 · The oil and gas giant also announced a further $2.5 billion in share buybacks. However, BP reported a headline loss for the quarter of $20.4 billion. This included pre-tax charges of $24 billion ... WebFor 2024, the energy giant declared a dividend of 24.08 cents per share, up 10% year on year. That equates to a yield of around 3.7% at the current share price. It also announced a further $2.75bn ... shish kabob port washington