Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  BP plc    BP.   GB0007980591

BP PLC

(BP.)
  Report
Real-time Estimate Quote. Real-time Estimate CHI-X - 12/02 11:30:00 am
266.625 GBX   +4.54%
01:36pBP : JP Morgan keeps its Buy rating
MD
06:36aBP's former downstream boss Erginbilgic joins private equity firm GIP
RE
02:15aBP : JP Morgan gives a Buy rating
MD
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

BP evacuating staff from offshore Gulf of Mexico oil platforms as Tropical Storm brews

10/25/2020 | 08:26pm EST
FILE PHOTO: A massive drilling derrick is pictured on BP's Thunder Horse Oil Platform in the Gulf of Mexico

HOUSTON (Reuters) - BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities as Tropical Storm Zeta sprang up in the Caribbean Sea.

The 27th named storm of this year's Atlantic Hurricane season, Zeta strengthened on Sunday and is forecast to become a hurricane before it nears Mexico's Yucatan Peninsula late Monday, the U.S. National Hurricane Center said.

"With forecasts indicating the storm will move across the Central and/or Northeastern Gulf of Mexico in the next few days, we are taking steps to respond," BP said in a statement.

In addition to securing its offshore facilities, the company is pulling workers from its Atlantis, Mad Dog, Na Kika and Thunder Horse platforms.

Some Gulf of Mexico oil producers have had to remove offshore workers and halt oil and gas production six times or more in this year's extremely active storm season.

Zeta's winds could hit 75 miles per hour (120 kmh), a category one hurricane on the five-step Saffir-Simpson scale, by late Monday, the NHC said. The storm is heading for a U.S. landfall between Louisiana and the Florida Panhandle.

If Zeta became a hurricane and struck the U.S. mainland, it would top the record of 10 named storms to make U.S. landfall that was set by Hurricane Delta only weeks earlier.

U.S. Gulf of Mexico offshore oil production accounts for 17% of total U.S. crude oil production and 5% of total U.S. dry natural gas production.

(Reporting by Gary McWilliams; Editing by Kim Coghill)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BP PLC 4.74% 267.15 Delayed Quote.-45.92%
LONDON BRENT OIL 1.52% 47.96 Delayed Quote.-27.74%
WTI 1.78% 44.93 Delayed Quote.-26.33%
All news about BP PLC
01:36pBP : JP Morgan keeps its Buy rating
MD
06:36aBP's former downstream boss Erginbilgic joins private equity firm GIP
RE
02:15aBP : JP Morgan gives a Buy rating
MD
12/01Making A Splash With Financial Reporting On Social Media
AQ
12/01Oil majors wipe $80 billion off books as epidemic, energy transition bite
RE
12/01HALLIBURTON V CHUBB : Is Timing Everything?
AQ
11/30Exxon tries to put the worst behind it with $20 billion writedown
RE
11/30ADRs End Monday off 2.3%; Alibaba's ADRs Down Amid US-China Tensions
DJ
11/30BP : Exxon tries to put the worst behind it with $20 bln writedown
RE
11/30General Motors Will No Longer Take a Stake in Nikola -- 4th Update
DJ
More news
Financials (USD)
Sales 2020 189 B - -
Net income 2020 -22 230 M - -
Net Debt 2020 45 275 M - -
P/E ratio 2020 -2,45x
Yield 2020 10,2%
Capitalization 53 790 M 71 766 M -
EV / Sales 2020 0,52x
EV / Sales 2021 0,44x
Nbr of Employees 67 600
Free-Float 93,3%
Chart BP PLC
Duration : Period :
BP plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BP PLC
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 4,26 $
Last Close Price 2,67 $
Spread / Highest target 150%
Spread / Average Target 59,6%
Spread / Lowest Target -20,1%
EPS Revisions
Managers
NameTitle
Bernard Looney Chief Executive Officer & Director
Helge Lund Chairman
Andy Hopwood COO & Executive VP-Upstream Strategy
Murray Auchincloss Chief Financial Officer
Angela Rosemary Emily Strank Chief Scientist & Head-Downstream Technology
Sector and Competitors
1st jan.Capitalization (M$)
BP PLC-45.92%68 959
RELIANCE INDUSTRIES LTD30.35%168 832
EXXON MOBIL CORPORATION-44.83%162 787
CHINA PETROLEUM & CHEMICAL CORPORATION-22.60%73 224
NESTE OYJ82.98%52 534
PTT-6.82%38 683