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LON100:BP, May 22, 03:47 UTC

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BP Whiting, Indiana refinery plans small CDU restart by Thursday -sources

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BP Whiting, Indiana refinery plans small CDU restart by Thursday -sources. HOUSTON, May 21 (Reuters) - BP Plc plans to restart the small crude distillation unit (CDU) at its 413,500-barrel-per-day (bpd) refinery in Whiting, Indiana, by Thursday, said Midwest refined products market sources on Tuesday. The 75,000-bpd Pipestill 11A CDU was shut on March 15 for a planned overhaul, the sources said. BP has reconnected other units at the refinery to Pipestill 11A in the past week, one of the final steps before restarting. (Reporting by Erwin Seba; Editing by Sandra Maler). What to read next.

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uk.finance.yahoo.com
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Yesterday


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Arco Platform Limited (ARCE) Q1 2019 Earnings Call Transcript

BP

Arco Platform Limited(NASDAQ: ARCE) Q1 2019 Earnings Call May 21, 2019, 4:30 p.m. Later, we will conduct the question and answer session, and instructions will follow at that time. If anyone should require operator assistance, please press the * then the 0 key on your touchtone telephone. As a reminder, this call will be recorded. During today's presentation, our executives will make forward-looking statements. Forward-looking statements generally relate to future events or future financial or operating performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to defer materially from those contemplated by these forward-looking statements. Forward-looking statements in this presentation includes but are not limited to statement related to our business and financial performance, expectations and guidance for future periods, or expectations regarding our strategic product initiatives and their related benefits, and our expectations regarding the market. Next, I'll turn it over to our CFO, David, who will walk you through our financial performance. And then we will open the line for Q&A. For those who are new to our story, we'd like to reinforce our recommendation to analyze Arco on an annual basis. Since our revenues are 100% subscription-based, the upper-800 annual contract value, or ACV metric.

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finance.yahoo.com
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Arco Platform Limited Reports First Quarter 2019 Financial Results

BP

SÃO PAULO, Brazil, May 21, 2019 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (ARCE), today reported financial and operating results for the first quarter 2019 ended March 31, 2019. Consistent with our M&A strategy, we recently announced our acquisition of Sistema Positivo de Ensino, which will double our reach to partner schools and students, add complementary regions, and strengthen our capacity to invest in high-quality content and technology. In addition, the forward-looking statements regarding the Positivo Business include risks and uncertainties related to statements about competition for the combined business; risks relating to the continued use of the Positivo brand in schools not run by the Company; restrictions and/or limitations on the acquisition of the Positivo Business that may be imposed by antitrust authorities or other regulatory agencies; risks relating to the Company’s ability to attract, upsell and retain customers of the Positivo Business; general market, political, economic, and business conditions in Brazil or abroad; and the Company’s financial targets are based on measures which include revenue, share count and other IFRS measures, as well as non-IFRS financial measures including gross margin, operating margin, net income per diluted share, EBITDA (as defined herein), Adjusted EBITDA (as defined herein) and free cash flow. Forward-looking statements represent the Company management’s beliefs and assumptions only as of the date such statements are made, and the Company undertakes no obligation to update any forward-looking statements made in this presentation to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. We calculate Adjusted Net Income as profit for the year (or period) plus share-based compensation plan plus amortization of intangible assets from business combinations (which refers to the amortization of the following intangible assets from business combinations: (i) rights on contracts, (ii) customer relationships, (iii) educational system, (iv) trademarks, and (v) non-compete agreement) less/plus changes in fair value of derivative instruments (which refers to (i) changes in fair value of derivative instruments—finance income, and plus (ii) changes in fair value of derivative instruments—finance costs) plus share of loss of equity-accounted investees plus interest expenses plus/minus changes in deferred tax assets and liabilities recognized in statements of income (corresponding to financial instruments from acquisition of interests, share-based compensation and amortization of intangible assets) and plus/minus foreign exchange gains/loss on cash and cash equivalents.

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The Top 5 New Buys of T Boone Pickens' BP Capital

BP BP +2 more BP BP FLR CF

The guru's Texas-based firm, which transitioned to a family office structure last year, operates two energy-focused mutual funds. The portfolio managers invest in companies that will benefit from the changing landscape of the oil and gas industry in the U.S. Based on these criteria, BP's top five new positions for the quarter were EnLink Midstream LLC (ENLC), CF Industries Holdings Inc. (CF), Western Midstream Partners LP (WES), Encana Corp. (ECA) and Fluor Corp. (FLR). During the quarter, Louis Moore Bacon (Trades, Portfolio) also established a position in the stock, while Pioneer Investments (Trades, Portfolio), Joel Greenblatt (Trades, Portfolio), Steven Cohen (Trades, Portfolio) and Ray Dalio (Trades, Portfolio) added to their holdings. The engineering and construction company, which is based in Irving, Texas, has a $4.12 billion market cap; its shares were trading around $29.67 on Tuesday with a price-earnings ratio of 22.82, a price-book ratio of 1.41 and a price-sales ratio of 0.22.

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Arcos Dorados Holdings Inc. (ARCO) estimated to achieve average price target of $9.42 – Analysts Buzz

BP

The stock price exposed a move of -24.18% so far this year and uncovered flow of -16.22% in recent year. The shares price displayed -29.94% return during the recent quarter while it has presented performance of -20.87% over the past six months. The stock exhibited -0.50% change to a low over the previous 12 months and manifested move of -35.03% to a high over the same period. The effect of the moving average is to smooth the price movement so that the longer-term trend becomes less volatile and therefore more obvious. When the price rises above the moving average, it indicates that investors are becoming bullish on the commodity. When the prices fall below, it indicates a bearish commodity. As well, when a moving average crosses below a longer-term moving average, the study indicates a down turn in the market. When a short-term moving average crosses above a longer term moving average, this indicates an upswing in the market.

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analystsbuzz.com
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BP shareholders overwhelmingly adopt climate resolution

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BP shareholders overwhelmingly adopt climate resolution. ReutersMay 21, 2019, 12:49 PM GMT. ABERDEEN, Scotland (Reuters) - BP shareholders overwhelmingly approved a climate resolution on Tuesday backed by investors and the oil and gas company which calls for it to meet the 2015 Paris climate agreement. The resolution, co-filed by shareholder group Climate Action 100+, won the support of 99.14% of the votes. A second resolution, filed by activist group Follow This which BP's board urged shareholders to vote against, received 8.35% of the votes. What to read next.

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On climate and carbon emissions, BP should be as sure as Shell

BP RDSA +2 more BP RDSA BP RDSB

Make Yahoo Your Homepage. Discover something new every day from News, Sports, Finance, Entertainment and more! Get. No, thanks. BP’s shareholder meeting, in Aberdeen, was surrounded by climate-change protesters demanding tough targets for carbon emissions. Royal Dutch Shell’s, in Amsterdam, was not. While Shell had set targets for cutting greenhouse gases from all its products — and linked pay to them — BP said it would only set targets for its own operations.

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finance.yahoo.com
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Monday, May 20


News

BP Staff Work From Home as Greenpeace Blockades London HQ

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(Bloomberg) -- BP Plc is continuing normal operations as employees work from home after Greenpeace put up barriers on the entrances to its London headquarters. The group glued themselves to trains, blockaded parts of London and vandalized Royal Dutch Shell Plc’s U.K. headquarters to draw attention to a “climate emergency.”. Greenpeace said Monday it will stop protesting at BP if the company ends its investment in oil and gas entirely and becomes a renewable-energy company, or if it winds down its operations and chooses to go out of business. About 40 activists from the Sierra Club, Extinction Rebellion and Stand.Earth descended on BP’s U.S. headquarters in Denver Monday, demanding a meeting with the company to discuss their concerns about oil and gas development in the Arctic National Wildlife Refuge.

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finance.yahoo.com
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Arcos Dorados Holdings Inc. (ARCO) noted a price change of -3.20% and Regional Health Properties, Inc. (RHE) closes with a move of -20.28% – Stocks Gallery

BP

Investors may also view volume levels when the stock price is nearing significant support or resistance levels, in order to confirm a breakout in either direction. The stock dropping with falling stream of -28.82% in recent 3 months. When analyzing at performance throughout recent 6 months we have seen that Arcos Dorados Holdings Inc. (ARCO) is dropping with a downward movement of -15.15%. Here we perceived that this stock is unhealthy for investors as it is getting smaller in last half year duration. If we move further to the full year performance, we identified that ARCO is promoting bad performance as stock lost with negative stir of -18.24%. Volume is extremely important point of concern in technical analysis while price is the primary point of concern in technical analysis.

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stocksgallery.com
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British police begin removing Greenpeace activists who blocked BP HQ

BP BP

British police begin removing Greenpeace activists who blocked BP HQ. Reuters20 May 2019, 15:02 GMT. LONDON (Reuters) - British police began removing Greenpeace activists who had blocked BP headquarters in London, a Reuters photographer at the scene said. Greenpeace activists arrived at BP in St James's Square at 0200 GMT and encased themselves in specially designed containers to block all the building's main entrances. They demanded BP end all new oil and gas exploration or go out of business. What to read next.

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