The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by thousands as part of ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

LONDON — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.

BP p.l.c. (NYSE:BP) shares fell premarket on Tuesday after the company updated fourth-quarter guidance. The company expects ...

There is no doubt that BP is cheap. The oil company boasts a P/E of 8.22, a P/S of 0.44, and an EV/EBITDA of 4.03. That's on average -44.4% below the sector median according to Seeking Alpha.

Barclays analyst Lydia Rainforth maintained a Buy rating on BP p.l.c. (BP – Research Report) today and set a price target of £6.50. The ...