Shell to exit South Africa's downstream businesses [Reuters]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
bp.com/en/global/corporate/investors.html
Company Research
Source: Reuters
unit after a comprehensive review of its businesses across all regions, it said on Monday. "As a result of this review, Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in SDSA ... this decision was not taken lightly," a Shell statement said. It did not specify when the decision took effect. Shell Downstream SA (SDSA) was formed after Shell South Africa and black empowerment company, Thebe Investment Corporation, agreed a decade ago to merge Shell South Africa Marketing and Shell South Refining businesses. Thebe held a 28% equity stake. Shell, which has been present in South Africa for more than century, is still exploring the country's offshore, incurring opposition from environmental campaigners who have launched During the divestment process, Shell said on Monday it would work to preserve SDSA's operating capabilities and maintain its brand presence. A Thebe spokesperson was not immediately available for comment. One of SDSA's
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BP alerts
High impacting BP p.l.c. news events
Weekly update
A roundup of the hottest topics
BP
News
- Here's Why Hold Strategy Is Apt for BP Shares Right Now [Yahoo! Finance]Yahoo! Finance
- Chinese firms invest in ‘green' jet fuel, anticipating blending rule [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- BP Invests in Hysata's $111M Green Hydrogen Technology Round [Yahoo! Finance]Yahoo! Finance
- Questor: this oil and gas giant's performance can be volatile but its rewards are consistent [Yahoo! Finance]Yahoo! Finance
- Chevron Puts UK Clair Oilfield Up for Sale in North Sea Exit [BNN Bloomberg (Canada)]BNN Bloomberg
BP
Earnings
- 5/8/24 - Miss
BP
Sec Filings
- 5/17/24 - Form 6-K
- 5/16/24 - Form FWP
- 5/9/24 - Form 13F-HR
- BP's page on the SEC website