Energy

BP (BP) shares have done nicely since my last update in October 2020, gaining over 60% from what was then a 25-year low point. Though a welcome rebound, a couple of things still appear to weigh on the stock, the first of which is the lingering impact of last year’s…

Royal Dutch Shell (RDSB) held its much awaited 2021 Strategy Day this morning. Early market reaction does not look great, with the stock down around 2.2% as I type. The ‘B’ shares trade for 1,277p, up just over 30% since the last time the energy giant featured here back in…

Royal Dutch Shell (RDSB) released third quarter financial results last week. The Anglo-Dutch giant has suffered badly in recent months, though you could say that about any oil & gas stock. Its shares closed yesterday at just over 970p apiece according to my screen. That is around 12% higher than…

BP (BP) stock has had a dreadful six months. At circa 196p, it is now down over 35% since the end of April. That comes despite Brent crude rallying from around $22.75 per barrel to $37.50 per barrel over the same period. To be clear, operating conditions are obviously still…

I figured I should provide an update on BP (BP) in light of recent results. The energy giant has continued to struggle since I last covered it back in June. At the time, its shares changed hands for around 320p apiece on the London Stock Exchange. They now go for…