Shell (SHEL) is reportedly in early talks to acquire rival BP (BP), in what could be a landmark deal between two supermajors that would strengthen its position against Exxon Mobil (XOM) and Chevron ...
BP's stock price jumped as much as 10% after the Wall Street Journal reported that rival Shell is in early talks to acquire the British oil company. Shares of BP jumped $3.11, or 10%, to $32.94 in ...
Shell has denied a report in the Wall Street Journal saying it was in early talks to acquire BP, a long whispered move that could boost Shell’s ability to compete with Exxon Mobil and Chevron at a ...
The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...
For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
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 ...
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Investors can expect a revival of speculation about a merger of global oil giants BP and ...
Exxon and Chevron posted strong Q2 oil and gas output, driven by Guyana, Permian, and Kazakhstan. BP and Shell’s past focus on renewables and asset sales has led to lower oil and gas output, with ...
There's a new change at the top of BP. BP on Thursday made an abrupt shift in leadership, as CEO Murray Auchinloss is stepping down immediately after less than two years on the job. Auchinloss had ...