Sir Jim Ratcliffe's Ineos says U.K. is too ‘negative' as chemicals group opts to pump $3 billion into Trump's U.S. instead [Fortune]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
bp.com/en/global/corporate/investors.html
Company Research
Source: Fortune
Ineos announced on Saturday that it would acquire oil and gas assets in the U.S. Gulf of Mexico, which would increase the company's oil production to 90 barrels equivalent a day. The petrochemicals company so far has invested $3 billion in capital infrastructure in the U.S. in a bid to boost its growth. In an op-ed for The Telegraph , Ineos Chairman Brian Gilvary, a former BP executive, said: “None of these earlier deals would have been economically attractive in the UK. “Its current tax regime, its over-regulation and the negative political attitude towards oil and gas are barriers that would deter any investor now,” wrote Gilvary. Upstream oil and gas profits are subject to a 78% effective tax in the U.K. after Chancellor Rachel Reeves increased the base levy in her October budget. By comparison, the U.S. charges oil and gas companies a 21% tax, which is in line with corporation tax on other industries. With other levies, the effective tax rate on fossil fuels in the U.S.
Show less
Read more
Impact Snapshot
Event Time:
BP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BP alerts
High impacting BP p.l.c. news events
Weekly update
A roundup of the hottest topics
BP
News
- BP, Iraq Advance Redevelopment of Kirkuk Oil Fields [Yahoo! Finance]Yahoo! Finance
- BP p.l.c. (NYSE: BP) had its price target lowered by analysts at Piper Sandler from $36.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- BP (BP) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- BP: A Cannibal Stock In The Making? [Seeking Alpha]Seeking Alpha
- Britain's ruinous energy policies have left investors with only one choice [Yahoo! Finance]Yahoo! Finance
BP
Earnings
- 10/30/24 - Beat
BP
Sec Filings
- 12/19/24 - Form 6-K
- 12/10/24 - Form 6-K
- 12/5/24 - Form 6-K
- BP's page on the SEC website