Oil giant BP has appointed former Shell finance chief Simon Henry to its board amid concern among investors about the performance of the ...

Shell and BP trade at steep discounts compared to how their US-based peers are valued. Read more to see which of these European energy stocks is the better buy.

Shell-BP would be a seriously big beast. At around 5.4 million of daily barrels of oil equivalent output, it would create a European giant that dwarfs even U.S. peer Exxon Mobil (XOM.N), the ...

BP continues to be a hold, worth keeping an eye on, in part because it might eventually become a takeover target. It might not be Shell, but at some point, some company might go for it.

Shell Eyes BP as Valuation Slides Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over ...

How much profit did Shell and BP make last year? On Tuesday, BP reported record annual profits of $27.7bn (£23bn) for 2022, as it scaled back plans to reduce the amount of oil and gas it produces ...

Year to date, both Shell and BP have surpassed the broader industry’s growth of 6.9% as well as S&P 500’s rally of 16.9%. However, Shell’s price gain of 21.9% has outshined BP’s rise of 12%.

Two decades ago, when John Browne was running BP and the UK oil major was worth more than Shell, his advisors used to run the numbers on a potential tie-up. In 2024, a reversal of fortunes gives ...

Shell and BP had a simple message for investors at their latest results: boring is back. After years of headline-grabbing management changes, splashy deals and ambitious attempts to woo ESG ...

BP is increasing its spending on its transition businesses to 50 per cent of total capex by 2030. Shell expects a third of group spending (capex and opex combined) to go on low-carbon in 2023.

Both Shell and BP are overvalued than the industry, but only just. Moreover, since BP and Shell have EV/EBITDA ratios of 7.54 and 7.63, respectively, there is little to choose from between them.