British Petroleum Co plc

british petroleum co plc - All News and Analysis

• FTSE Ends Six-day Rally as Commodities Slide

  ReutersUK - 2009-01-07

  By Simon FalushLONDON (Reuters UK) - The top share index closed 2.8 percent lower on Wednesday, ending a six-day winning streak, as sliding oil and metal prices knocked commodity stocks, with BP BP also hit by worries about its earnings outlook.The FTSE 100 closed down 131.41 points at 4,507.51,...

  Tags: Stock, Retail Company, FTSE, Blount International Inc., British Petroleum Co Plc, Cairn Energy Plc., Royal Dutch Shell Plc., Standard Parking Corp., Tractor Supply Co.

• BP Shares Down on Rumour Guiding Lower on Earnings

  ReutersUK - 2009-01-07

  By Tom BerginLONDON (Reuters UK) - Shares in BP BP fell 4 percent on Wednesday as the oil major was, yet again, dogged by rumours it told analysts earnings would be lower than expected.Three dealers reported rumours that BP had guided analysts to lower their fourth-quarter earnings forecasts and one...

  Tags: Analyst, British Petroleum Co Plc, Earnings, Rumour, Financial Accounting, Finance, Oukbs

• Citi's Pandit Is 'Forgoing' His Bonus: Was There an Alternative?

  Seeking Alpha - 2009-01-06

  Tom Brown submits: Let me see if I have this straight. Citigroup C lost over $10 billion over the first nine months of 2008. The company received not one but two capital infusions from the federal government last year. Plus, the feds had to guarantee over $300 billion in...

  Tags: Financial, Tom Brown, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• Macy's' Problems Have Just Begun

  Seeking Alpha - 2008-12-28

  Stephen Rosenman submits: In my previous two articles ("Macy's' Goodwill Is a Red Flag" and "Macy's Insecure Covenants: The Goodwill Trap"), I wrote about Macy's M problems with debt and its dependence on goodwill to shore up its balance sheet. Macy's has serious other difficulties. by Stephen Rosenman

  Tags: Retail, Stephen Rosenman, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Macys Inc.

• Who Owns Chrysler's Headquarters?

  Seeking Alpha - 2008-12-25

  Tom Lindmark submits: This is another story I picked up in the Wall Street journal Wednesday. It involves, Chrysler, Cerberus, the city of Auburn Hills, Michigan, Citibank C and of course the U.S. taxpayer. In the grand scheme of things these days it is relatively puny in monetary terms but...

  Tags: Financial, Tom Lindmark, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• Macy's' Goodwill Is a Red Flag

  Seeking Alpha - 2008-12-23

  Stephen Rosenman submits: Macy's M reworked its $2 billion credit facility with JPMorgan JPM and Bank of America BAC so that its covenants will not be tripped by its weak balance sheet. Rather, the credit facility will depend on Macy's EBITDA. Investors breathed more than a sigh of relief,...

  Tags: Retail, Stephen Rosenman, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Macys Inc.

• Citigroup: Too Big to Fail or Succeed

  Seeking Alpha - 2008-12-17

  Lee Eugene Munson submits: Co-written by Lorraine Ell. As active conservative money managers, we at Portfolio Asset Management sought a way to capture appreciation from devastated financial stocks and yet have an increased chance of dependable high yields. With a focus on cash flow, an outgrowth of the demographics of...

  Tags: Financial, Lee Eugene Munson, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• Finally, Some Semblance of Rationality to Wall St.'s Compensation Structure

  Seeking Alpha - 2008-12-10

  Dear John Thain submits: It’s finally occurred. As I just read on Clusterstock, there is officially some sort rationality creeping into Wall St. payment structures. Claw-backs are here, as I suggested previously I was hardly alone. Now, I wonder what the real impetus behind this sort of decision really...

  Tags: US Market, Financial, Dear John Thain, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• U.S. Steel Getting Back on Track?

  Seeking Alpha - 2008-12-09

  Hickey and Walters Bespoke submit: Earlier today we highlighted how even after its 25% rally in response to Barack Obama's proposed infrastructure stimulus plan, US Steel still had a P/E ratio of only 2.02. Today the stock is continuing higher with an additional gain of 9%. Now...

  Tags: Materials/Industrials, Bespoke Investment Group, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, United States Steel Corp.

• U.S. Steel Rallies 25%

  Seeking Alpha - 2008-12-09

  Hickey and Walters Bespoke submit: US Steel X has seen some of the biggest declines of any stock during this bear market, falling from a closing high of $191.96 on June 25th to a low of $20.97 on November 20th. But President-elect Obama's new infrastructure plans have...

  Tags: Materials/Industrials, Bespoke Investment Group, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, United States Steel Corp.

• Chesapeake Energy Corporation Business Update Call Transcript

  Seeking Alpha - 2008-12-08

  Question-and-Answer SessionOperator Operator Instructions Our first question comes from David Tameron - Wachovia Capital Markets, LLC. David Tameron - Wachovia Capital Markets, LLC Can you talk a little bit about how much flexibility you have with the joint ventures as far as toggling that cap ex program? ...

  Tags: Capital Market, Bill, Call Transcript, British Petroleum Co Plc, Wachovia Corp., Investment, Financial Services, Finance, Seeking Alpha, Chesapeake Energy Corp.

• Energy Roundup: Alt Energy Pipedream, TransCanada Line a Go, BP: $1.9B in Alaska, and More

  BNET - 2008-12-08

  Clean energy by 2025? Good luck -- Andrew Ross, writing in the San Francisco Chronicle's The Bottom Line blog, cites a new report from the National Intelligence Council, "Global Trends, 2025," which Ross says, "throws cold water on the expectations of the more idealistic clean-tech advocates. Yes, the world will...

  Tags: British Petroleum Co Plc, Natural Gas, Alaska, TransCanada, Telecom & Utilities, Michael Mattis

• Citigroup's Rescue: Hope Is the Essential Ingredient

  Seeking Alpha - 2008-12-08

  Rakesh Saxena submits: Can the government intervention in Citigroup C be termed a bailout in the first place? Yes, but only if, with the passage of time, the following possibilities do not turn into ugly realities: a a serious and rapid deterioration of Citigroup's credit card and consumer lending portfolio...

  Tags: Financial, Rakesh Saxena, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• Macy's Insecure Covenants: The Goodwill Trap

  Seeking Alpha - 2008-12-05

  Stephen Rosenman submits: Macy's M carries a large debt burden of $9 billion in large part due to its acquisition of May's Department Stores in 2005. Its operating margins have fallen to 1.24% and profit margins to -0.8%. Should investors be worried? Several analysts present during Macy's most recent...

  Tags: Retail, Stephen Rosenman, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Macys Inc.

• Citi: A Sell at $3.00?

  Seeking Alpha - 2008-12-03

  Chad Brand submits: I really thought we would finally see a less negative view on Citigroup C from Meredith Whitney a couple weeks back when the stock hit three bucks. Whitney, you may recall, is the Oppenheimer & Co banking analyst who downgraded Citigroup to "underperform" last year when...

  Tags: Financial, Chad Brand, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• The Murky World of Off-Balance-Sheet Items (Part 1)

  Seeking Alpha - 2008-12-03

  Gary Millichip submits: In pitching his bailout plan to congress, Paulson promised greater transparency regarding the use of those funds. “We need oversight,” Paulson told lawmakers. “We need protection. We need transparency. I want it. We all want it.'' Then he reneged on that promise, forcing Bloomberg to file a...

  Tags: Financial, Gary Millichip, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• The Problem With the Citi Bailout

  Seeking Alpha - 2008-12-03

  Dear John Thain submits: We all know that Citi C was “bailed out” last week. However, as far as I can see, Citi’s is a unique situation for several reasons: The company was not taken over, and Management was allowed...

  Tags: Financial, Dear John Thain, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.

• Ford Outlines Fuel Economy, Electric Car Plans to Feds - Needs $9 Billion

  Seeking Alpha - 2008-12-03

  Greentech Media submits: By Michael Kanellos Loan us $9 billion and we'll improve the efficiency of our cars. by Greentech Media

  Tags: Transport, Greentech Media, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Ford Motor Co.

• One Discouraging Thought on Ford's Business Plan

  Seeking Alpha - 2008-12-02

  Colin Peterson submits: I am not trading the automakers right now - there aren't any compelling misvaluations relative to the other industries where I am doing research. Plus, it is just too sad.At least Ford F is presenting a business plan now. This tidbit is discouraging: by Colin Peterson

  Tags: Transport, Colin Peterson, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Ford Motor Co.

• Citibank: Too Big to Fail?

  Seeking Alpha - 2008-12-01

  Tom Evslin submits: It's easy to believe that Citibank is a tottering tower whose collapse would endanger us all in the canyons below. However, keeping a financial corpse walking further endangers every other financial institution. When Citi is declared too big to fail, it becomes a more...

  Tags: Financial, Tom Evslin, F.C.C. Co. Ltd., TNK-BP, British Petroleum Co plc, BG Group plc, Citigroup Inc.