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Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:55 EDTBPBP reports Q4 underlying replacement cost profit $2.8B
Compares to $3.9B a year ago. BP said compared with the same period in 2012, Q4 results were affected by: the significant impact of BPs major divestment program; weaker refining margins; and higher depreciation and exploration write-offs as the group brought new projects online and increased its investment in exploration. Operating cash flow was $5.4B in Q4. BP announced a dividend for the fourth quarter of 9.5c per share, to be paid in March, 5.6% higher than the fourth quarter dividend last year. Total reported production of oil and gas for 4Q, including Russia, was 3.23M barrels of oil equivalent a day.
News For BP From The Last 14 Days
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October 24, 2014
07:23 EDTBPHalliburton feels BP spill trial proposal should be declined, Bloomberg says
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06:22 EDTBPStatoil secures new Australian exploration permit
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October 23, 2014
11:41 EDTBPBP downgraded to Hold from Buy at Societe Generale
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09:01 EDTBPChevron announces oil discovery in deepwater U.S. Gulf of Mexico
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05:53 EDTBPBP, GDF Suez discover new Central North Sea field
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October 16, 2014
13:54 EDTBPGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
October 15, 2014
07:44 EDTBPExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 13, 2014
06:36 EDTBPSaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTBPKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTBPSaudis take aggressive oil measures in Europe, WSJ says
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