Chevron is a diversified oil stock with an incredible dividend history. Devon Energy is laser-focused on producing oil and ...

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

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

British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...

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.

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

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

The BP layoffs are expected to affect over 5% of the company’s workforce, with the cuts mainly taking place among office ...

Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo ...

British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...

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

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...