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Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
BP PLC (NYSE:BP) shares are trading lower after the company reported third-quarter results. Sales and other operating revenues came in at $47.254 billion, missing the consensus of $52.557 billion.
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BP p.l.c. (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas " supermajors " and one of the world's largest companies measured by revenues and profits. [ 3 ]
Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil , Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil ), and among the world's largest ...
BP announced that it was setting up a new unit to oversee management of the oil spill and its aftermath, to be headed by former TNK-BP chief executive Robert Dudley, [67] who a month later was named CEO of BP. [66] On 1 October, BP's London Stock Exchange price reached 439.75 pence, the highest point since 28 May. [68]