Apollo to purchase $1bn stake in bp Pipelines TAP [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
This is part of bp's broader financial strategy, which emphasises disciplined investments and portfolio management. bp EVP of gas and low carbon energy William Lin said: “We are very pleased to come together with Apollo on this key piece of Europe's energy infrastructure. Importantly, while bringing in a new investor, this does not diminish bp's role in a strategic asset for our Azerbaijan gas business. “We see great potential in building innovative arrangements such as this and look forward to continuing to explore further opportunities with Apollo through growing this collaborative relationship.” Apollo partner Skardon Baker said: “We are pleased to partner with bp on an agreement that will provide our investors with long-term exposure to an industry-leading infrastructure asset with a stable cash flow profile, while allowing bp to meet its objectives of retaining control and executing on its capital efficiency strategy.” BP recently solidified its relationship with Palanti
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- 8/5/24 - Beat
PLTR
Sec Filings
- 9/18/24 - Form 4
- 9/17/24 - Form 4
- 9/17/24 - Form 144
- PLTR's page on the SEC website