Your email has been successfully added to our mailing list.

×
0 0 0 -0.00510067114093954 -0.00389261744966432 -0.00375838926174498 -0.0049664429530202 -0.0049664429530202
Stock impact report

BP Halts Share Buybacks as Pressure on Energy Major Mounts [Yahoo! Finance Canada]

TotalEnergies SE Ordinary Shares (TTE) 
Oil prices are trading below the roughly $73 a barrel BP assumed for 2026 in its plan last year. BP also said upstream production is expected to be slightly lower than last year. Like rival Shell Plc, BP has been slower to increase production than its US peers. On a positive note, BP said the big Bumerangue discovery in Brazil has 8 billion barrels of liquids in place, split 50%-50% between crude and condensate. So far this year, the shares of the two London-based companies have lagged behind in dollar terms among the top five oil majors, including European peer TotalEnergies SE, which has been expanding aggressively in Africa. BP said cost cuts will be deepened by as much as $1.5 billion through the end of 2027, thanks to the divestment of lubricant business Castrol. As part of its turnaround plan last year, the company had announced targets of $4 billion to $5 billion of cost cuts by the end of 2027. BP said at the end of last year it will raise about $6 billion from the sa Show less Read more
Impact Snapshot
Event Time:
TTE
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 TTE alerts
Opt-in for
TTE alerts

from News Quantified
Opt-in for
TTE alerts

from News Quantified