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Incorporated in 1909, BP (formerly known as British Petroleum) is a world-known, multinational oil and gas company. It operates in all areas of oil and gas industry, from exploration and production to refining and distribution. Today, the company provides fuel for the transportation industry, energy for heat and light, lubricants for engines, and other petrochemical products. The company operates in two main segments: Upstream and Downstream. The Upstream section is responsible for the exploration of natural gas and oil, further processing and transportation, while Downstream specialises in the global manufacturing of fuels and petrochemicals. Browse the BP share price chart at Capital.com and explore the investment opportunities for a world-leading oil and gas company.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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