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Surging oil prices will undoubtedly help the British oil giant, but those gains could be offset by the company’s decision to exit its nearly 20% position in Russia’s government-controlled oil producer Rosneft...
American Express is expected to report its first drop in quarterly earnings in a year as it comes up against tough comparatives.
Markets are expecting BP to follow in Shell’s footsteps by accelerating distributions to shareholders as cashflow improves thanks to higher oil and gas prices.
BP has deleveraged itself, putting in a solid position to grow dividends and buybacks amid rising oil and gas prices. We explain what to expect from the earnings and consider how BP shares could react.