News

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...
BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Journal, the discussions are active but moving slowly, with no ...
Shell Squashes BP Takeover Rumors, Hits Six-Month Ban. ... Price Action: SHEL stock is up 2.49% at $71.17, and BP stock is down 0.07% at $30.30 during the premarket session at last check Thursday.
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
Shell Denies BP Takeover Rumors. Posted: June 26, 2025 | Last updated: June 26, 2025. Oil and gas giant Shell has publically denied the rumors that it is looking at purchasing BP in a deal that ...
• BP’s high debt burden is somewhat awkwardly split between $27 billion in net debt and $38 billion in additional liabilities, some of which still come from the 2010 Deepwater Horizon spill.
Second-quarter trading update flags increased oil and gas output and strong oil trading results, but warns that lower commodity prices will hit earnings ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover candidate. ... The stock price is down more than 4% in the year to date.
BP rises as rivals said to weigh possible takeover - FT May 09, 2025 8:38 AM ET BP p.l.c. (BP) Stock XOM , TTE , CVX , SHEL By: Carl Surran , SA News Editor 28 Comments Play ( 1min ) ...
The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis &; Co.
UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. Stream NBC 5 ...