BP Plc operates as an integrated oil and gas company. It operates through the following segments: Upstream, Downstream and Rosneft. The Upstream segment engages in the oil and natural gas ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
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Advertisement Article continues below this ad The oil and gas company posted revenue of $48.09 billion in the period. For the year, the company reported profit of $381 million, or 14 cents per share.
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BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.