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A price target of $29 was set for BP (NYSE:BP), indicating a slight overvaluation at its current trading price. Downgrade to ...
A Shell-BP potential merger would weaken Shell's strong segments by adding BP's higher debt and weaker financials. Click here ...
BP’s declining market value and strategic instability have fueled speculation of a takeover by Shell or ExxonMobil, with Shell crunching the numbers and Exxon eyeing its trading division.
BP p.l.c. generated fairly stable results in oil production in the first quarter and continued to spend a lot of money on ...
Helen Thomas was the European editor for Heard on the Street, based in London.
Shell, Chevron, Exxon, TotalEnergies, and others have looked into acquiring the oil company. A takeover of BP might be ...
Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on ...
Sunoco (NYSE:SUN) said Monday it agreed to acquire Canada-based fuel distributor and marketer Parkland (OTCPK:PKIUF) for ~US$9.1B in cash and stock, including assumed debt. TaskUS (NASDAQ:TASK) jumped ...
If Shell acquired bp, it would pump nearly 5 million barrels of oil and gas per day, which is more than ExxonMobil or Chevron ...
European shares saw significant gains, with Germany's DAX index reaching a record high amid easing global trade tensions.
Chevron, Exxon Mobil and TotalEnergies are among other big oil companies that could be considering a deal for BP, a report ...
Shares in BP sparked on Friday, after it was reported that a range of possible suitors were running a slide rule over the oil ...