Your email has been successfully added to our mailing list.

×
0.00123355263157899 -0.000411184210526234 -0.000411184210526234 -0.000822368421052614 0.00246710526315799 -0.0129523026315789 -0.00349506578947372 -0.00411184210526307
Stock impact report

BP's Love of Dividends Is Bordering on the Absurd [Yahoo! Finance News]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Opinion) -- It’s no secret that the U.K. oil majors BP Plc and Royal Dutch Shell Plc will do everything to avoid cutting their dividends, but the lengths to which BP is going to leave its payout untouched by the Covid-19 crisis border on the absurd. When Brent crude is at $20 per barrel and BP’s dividend stays firm, the company’s management gives the impression of living in fear of investors.BP’s revenue fell sharply during the first quarter as the pandemic curbed industrial demand for oil and chemicals, lockdowns cut transport and a Saudi Arabia-led price war exacerbated the impact on oil prices. Operating cash flow was $1 billion, compared with $7.6 billion in the final three months of 2019.In response to the crisis, the company is saying the right things about strengthening its finances. It is amassing cash from anyone who will lend it, raising $7 billion in the bond markets and obtaining a $10 billion credit facility. It’s cutting capital expenditure this year by 25% and it will r Show less Read more
Impact Snapshot
Event Time:
BP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BP alerts
Opt-in for
BP alerts

from News Quantified
Opt-in for
BP alerts

from News Quantified