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LON100:BP, Apr 25, 02:30 UTC

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Monday, February 11


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BP plc (BP) Shares Sold by Global Financial Private Capital LLC – Fairfield Current

BP BP

Global Financial Private Capital LLC trimmed its holdings in shares of BP plc (NYSE:BP) by 34.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. The company’s revenue was up 11.6% compared to the same quarter last year. As a group, equities analysts expect that BP plc will post 3.27 earnings per share for the current year. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

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fairfieldcurrent.com
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Sabal Trust CO Sells 368 Shares of BP plc (NYSE:BP) – Fairfield Current

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A number of other institutional investors have also recently bought and sold shares of BP. Reilly Financial Advisors LLC now owns 1,050 shares of the oil and gas exploration company’s stock valued at $40,000 after acquiring an additional 520 shares in the last quarter. BP stock traded down $0.22 during midday trading on Monday, hitting $42.27. The firm has a market cap of $142.05 billion, a PE ratio of 11.12, a P/E/G ratio of 1.84 and a beta of 0.82.

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fairfieldcurrent.com
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BP plc (BP) Position Lifted by Bollard Group LLC – Fairfield Current

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BP accounts for about 0.5% of Bollard Group LLC’s portfolio, making the stock its 26th largest holding. Reilly Financial Advisors LLC now owns 1,050 shares of the oil and gas exploration company’s stock worth $40,000 after acquiring an additional 520 shares during the period. A number of analysts have recently weighed in on BP shares. The firm had revenue of $75.68 billion for the quarter, compared to analyst estimates of $78.78 billion.

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fairfieldcurrent.com
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BP to invest about $1.8 billion in Egypt this year - CEO

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Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. BP to invest about $1.8 billion in Egypt this year - CEO. FILE PHOTO: Group Chief Executive of BP Bob Dudley poses for a photograph at the BP International Headquarters in central London, Britain, May 16, 2018. (Reuters) - BP Chief Executive Bob Dudley on Monday said the company will invest about $1.8 billion (£1.4 billion) in Egypt this year and he expects a crude oil price of $50-65 a barrel over the next year.

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BP plc (NYSE:BP) Holdings Boosted by American Assets Investment Management LLC – Fairfield Current

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American Assets Investment Management LLC increased its position in BP plc (NYSE:BP) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm has a market capitalization of $142.05 billion, a PE ratio of 11.18, a PEG ratio of 1.84 and a beta of 0.82. The oil and gas exploration company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.27. During the same period in the previous year, the firm earned $0.11 earnings per share. As a group, equities research analysts expect that BP plc will post 3.27 EPS for the current year.

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fairfieldcurrent.com
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Arcos Dorados Holding Inc (NYSE:ARCO) Shares Sold by Fisher Asset Management LLC – PressOracle

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Fisher Asset Management LLC decreased its holdings in shares of Arcos Dorados Holding Inc (NYSE:ARCO) by 17.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. A number of other hedge funds have also bought and sold shares of the stock. Finally, TheStreet upgraded Arcos Dorados from a “c+” rating to a “b-” rating in a research note on Monday, November 26th. Arcos Dorados Holding Inc has a 52 week low of $6.05 and a 52 week high of $10.00.

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pressoracle.com
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Cambridge Investment Research Advisors Inc. Grows Position in BP plc (BP) – Fairfield Current

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A number of other large investors have also recently added to or reduced their stakes in BP. Russell Investments Group Ltd. now owns 3,577,573 shares of the oil and gas exploration company’s stock worth $165,387,000 after purchasing an additional 270,289 shares during the last quarter. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. BP plc has a fifty-two week low of $36.28 and a fifty-two week high of $47.83.

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fairfieldcurrent.com
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UPDATE 2-Egypt to see gas boost from BP fields, Zohr as Cairo returns to export market

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Feb 11 (Reuters) - Egypt's gas output will get a boost this year as the country's huge Zohr field nears peak production and with $1.8 billion in investment from BP, officials said on Monday, as Egypt returns to export markets and positions itself as a regional hub. Egypt hopes to leverage its strategic location and well-developed infrastructure to become a key international trading and distribution centre for gas, a potentially remarkable turnaround for a country that spent about $3 billion on annual liquefied natural gas (LNG) imports as recently as 2016. "What we have achieved in only three years has started to attract the attention of everybody — everybody in oil and gas industry, financial organizations ... everyone is looking to Egypt with interest," Petroleum Minister Tarek El Molla told an energy forum in Cairo. Egypt is now hoping to tap long underutilised liquefaction plants, where gas is turned into LNG, to export supplies across the Mediterranean along with that of its neighbours, like Israel, which said it would pipe gas to Egypt later this year.

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BP plc (BP) Shares Bought by Capital Investment Counsel Inc – PressOracle

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Capital Investment Counsel Inc grew its holdings in BP plc (NYSE:BP) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. Allianz Life Insurance Co. of North America bought a new stake in BP during the third quarter valued at about $203,000. Shares of BP stock opened at $42.49 on Monday. The oil and gas exploration company reported $1.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.27.

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pressoracle.com
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Somewhat Negative News Coverage Extremely Unlikely to Impact BP (BP) Share Price – Fairfield Current

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Media coverage about BP (NYSE:BP) has been trending somewhat negative this week, according to InfoTrie. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. InfoTrie also gave news stories about the oil and gas exploration company an news buzz score of 1 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days. Zacks Investment Research raised BP from a “hold” rating to a “buy” rating and set a $46.00 target price on the stock in a report on Monday, November 19th.

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fairfieldcurrent.com
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