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-0.000794491525423759 -0.00158898305084752 -0.00132415254237299 0.00158898305084733 0.0125794491525422 0.0100635593220338 0.0138903601694914 0.0221133474576269
Stock impact report

BP: Underperformer Drilling A Hole In Your Portfolio - Strong Sell [Seeking Alpha]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
BP suspended its buyback program to prioritize deleveraging, targeting net debt reduction from $22B to $14–$18B by 2027. Reserves replacement ratio remains below 100%, leaving BP with less than seven years of proved reserves and mounting decommissioning liabilities. Dividend hikes of at least 4% are maintained, but aggressive price assumptions and limited growth prospects heighten operational and financial risks. VeugerStock/iStock Editorial via Getty Images Intro BP plc ( BP ) is one of the so called “Supermajors”, one of the biggest energy firms globally. The British Petroleum company, despite its more than 110 year history, unfortunately is “best” known for the Deepwater Horizon disaster in 2011 that BP cannot shake off until This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and Show less Read more
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