Meg O'Neill leads BP's first quarter results presentation as new CEO
Updated
Updated · MarketWatch · Apr 27
Meg O'Neill leads BP's first quarter results presentation as new CEO
15 articles · Updated · MarketWatch · Apr 27
BP is expected to report an underlying replacement-cost profit of $2.67 billion, up from $1.54 billion last quarter, with shares rising over a third this year.
This marks Meg O'Neill's first earnings presentation as CEO, with investors seeking insights on BP's future direction and oil-trading performance amid Middle East-driven market volatility.
Analysts anticipate no major strategy changes, expect higher commodity prices to be used for debt reduction, and await updates on BP's major Brazilian discovery and other 2025 exploration projects.
With share buybacks halted, how will BP's massive Brazil oil discovery reward its investors?
Is BP's pivot back to fossil fuels a smart move or a risky bet against the future?
Did BP's traders make billions from the Middle East crisis, and will they reveal how?
Will BP's new CEO sacrifice green goals for oil profits to appease activist investors?
How will BP navigate the 'largest-ever supply shock' from the Strait of Hormuz closure?
Can new CEO Meg O'Neill win over shareholders after the recent governance protest vote?