Browsing Tag
Meg O’Neill
25 posts
BP p.l.c. profit more than doubles to $5.73bn, but shares fall as oil rally masks execution test
BP p.l.c. delivered its strongest quarterly underlying profit since 2022 as higher oil prices, trading and refining boosted earnings. Investors are now testing whether the improvement can survive weaker commodity markets.
BP posts $5.7bn Q2 underlying profit as new CEO Meg O’Neill orders a reset
BP Q2 underlying RC profit hits $5.7bn and the dividend rises 4%. New CEO Meg O'Neill admits BP wrote off too much value, orders a portfolio and cost reset.
BP’s 700 job cuts expose how aggressively Meg O’Neill is dismantling the old organisation
BP is preparing to cut about 8% of its non-frontline production and operations roles as a new two-division structure, asset sales and debt reduction reshape the British energy major.
Why BP is selling its Austrian forecourts to the same Swiss buyer that took its Zurich network
BP p.l.c. agrees Austrian retail and EV charging sale to volenergy AG, adding another building block to the $20 billion divestment plan ahead of 4 August results.
BP (LSE: BP.) tops FTSE 100 as Q2 trading statement delivers early win for Meg O’Neill
BP (LSE: BP.) guides $6-7bn quarterly debt reduction and $4bn price tailwind in Q2 trading update, sending shares to the top of the FTSE 100 leaderboard.
BP stock faces Gulf of America capital test as Kaskida and Tiber stake sale process begins
Read how BP’s Kaskida and Tiber stake sale process could reshape BP stock sentiment, Gulf of America oil growth and deepwater capital strategy.
Could BP’s failed Ithaca talks still signal a bigger North Sea exit strategy?
BP’s failed £2B Ithaca talks may still signal a North Sea exit path. See what it means for UK energy M&A and investors.
BP loses third chair in three years as Albert Manifold removed for governance failings
BP fired Chair Albert Manifold over governance and conduct concerns, handing activists a fresh weapon as Meg O'Neill's reset faces its first real test.
BP (LSE: BP.) climbs 1.4% as Uzbekistan upstream entry and analyst upgrades override the ex-dividend mechanical drag
Iran war doubled BP's profit. Castrol is sold. Uzbekistan is in. Citi says $15bn of disposals are coming. Meg O'Neill's reset may finally have a plan.
BP Q1 2026 profit doubles to $3.8bn as oil trading delivers exceptional quarter
BP doubled Q1 profit on an exceptional oil trading quarter. The harder question is whether new CEO Meg O'Neill can convert that windfall into durable returns.