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Stock impact report

CNBC's UK Exchange newsletter: The pressure's on Shell to beat once again [CNBC]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: CNBC
The oil major has been aggressively buying back its shares in recent years but, with earnings likely to be hit by a weaker oil price, there are questions over whether it can keep up this pace. At the same time, with Shell looking to reduce capex, questions remain over the pace of earnings growth— despite evidence that it is one of the best-run companies in its sector. In this article This report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It is just over three years since Wael Sawan succeeded Ben van Beurden as chief executive of Shell. While there has been much background noise, not least about a possible takeover bid for BP, a less remarked-upon aspect of Sawan's time at the helm to date is just how often the oil major has beaten expectations on results day. In five of the last eight quarters, Shell has reported better-than-expected earnings, most strikingly when, at the end of October last year, it report Show less Read more
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