Energy

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 970 pence apiece according to my screen. That is around 12% higher…

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

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 320 pence apiece on the London Stock Exchange. They now go…

Royal Dutch Shell (RDSB) has struggled since I last covered it back in April. At the time, the energy giant had just inflicted its first dividend cut on stockholders since the Second World War. The shares traded at around the 1,285 pence mark back then, which was some 10% higher…

Oil major BP (BP) appeared front and centre in the investing news earlier this week. The company announced a headline grabbing asset write-down, which it will book in its 2Q20, that could top $17.5B. That came on the back of it lowering its average price forecast to $55 per barrel…