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BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss.
BP Warns of Weak Q4 Results and Delays Capital Markets Day
BP plc BP has cautioned investors about weak fourth-quarter results due to declining oil and gas production, reduced refining margins and trading setbacks. The company also revealed a delay in its highly anticipated investor day,
BP Warns of 4th Quarter Profit Hit as Production and Refining Margins Fall
BP warned on Tuesday that lower production, weak refining margins and sluggish trading would see its profit in the fourth quarter of 2024 fall from the previous three months. Since taking the helm a year ago,
19h
BP CEO Auchincloss Faces a Crucial Test in Delayed Strategy Update
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
Upstream
20m
Delay to BP strategy announcement amps up investor pressure
Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
Hosted on MSN
1d
BP delays investor event as boss Murray Auchincloss recovers after medical procedure
BP
has delayed a New York investor event to allow boss
Murray
Auchincloss
to recover after a medical procedure. The oil ...
20h
BP sees Q4 upstream production lower compared to prior quarter
In a regulatory filing, BP (BP) said, “Murray Auchincloss has recently undergone a planned medical procedure from which he is recovering well.
Upstream
1d
BP postpones capital markets event as its chief executive has undergone a 'planned medical procedure'
BP revealed its fourth quarter 2024 upstream production is expected to be lower and said its chief executive is "recovering ...
Financial Post
1d
BP delays key strategy update after CEO medical procedure
BP
PLC delayed a highly anticipated presentation to allow chief executive
Murray
Auchincloss
more time to recuperate from medical treatment. The CEO, who is 54, was already in a difficult ...
1d
Murray Auchincloss
Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...
devdiscourse
1d
BP Anticipates Profit Dip Amid Refining Challenges
BP warns of a potential dip in fourth-quarter profits due to lower production, weak refining margins, and sluggish trading.
DPA International on MSN
1d
BP sees drop in Q4 upstream output, says CEO will be back in February
British oil major BP said on Tuesday that it expects its fourth-quarter upstream production to be lower than the third ...
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