BP May 2024 40.500 put
| Previous close | 1.7200 |
| Open | 1.8100 |
| Bid | 1.2900 |
| Ask | 2.1800 |
| Strike | 40.50 |
| Expiry date | 2024-05-03 |
| Day's range | 1.7200 - 2.0000 |
| Contract range | N/A |
| Volume | |
| Open interest | 16 |
Barrons.comBP Is Ready to Make Acquisitions. Why It’s Looking Beyond Oil.
Mergers and acquisitions are the hottest theme in the oil industry today. British oil giant BP is looking at an acquisition too, the company revealed on Tuesday after reporting first quarter earnings. Asked by an analyst on the earnings call whether it would join peers in adding more oil capacity, BP CEO Murray Auchincloss said that the company wasn’t planning to go in that direction.
Evening StandardFTSE 100 Live 7 May: Index closes up 100 points at yet another record high, BP profits down, FRC fines
The momentum for London’s FTSE 100 index is continuing in a session that has also featured BP quarterly results. Across the London market, blue-chips remain in demand as the FTSE 100 index today traded above the 8300 mark for the first time.
ReutersBP softens tone on 2030 oil output cut to reassure investors
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals. CEO Murray Auchincloss has in recent months pivoted the London-based firm's strategy to focus heavily on returns. BP's shares today lag rivals Shell, TotalEnergies, Exxon Mobil and Chevron, based on a number of key metrics, reflecting concerns BP is not investing in the most profitable segments of its business, primarily oil and gas.
