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
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Offshore wells, ports shut as U.S. Gulf Coast storm advances

share with twitter share with LinkedIn share with facebook
09/14/2020 | 09:11am EDT

HOUSTON, Sept 14 (Reuters) - Energy companies, ports and refiners on Monday were racing to complete shut-downs as Tropical Storm Sally took aim at the central U.S. Gulf Coast with soaking rains and high wind.

Sally was forecast to sock Louisiana and Mississippi with up to 85 mile per hour (137 kph) winds and drop 8- to 16-inches (20-40 cm) of rain, causing widespread flooding. Officials in the two states issued mandatory evacuations for residents in low-lying areas.

The Louisiana Offshore Oil Port, the nation's largest offshore oil export terminal, suspended operations of its marine facility, which loads and unloads crude oil on supertankers.

Chevron Corp shut its Empire and Fourchon oil terminals in Louisiana while the U.S. Coast Guard imposed travel restrictions on parts of the Mississippi River in New Orleans.

The Alliance oil refinery, which processes 255,000 barrels of oil per day (bpd) at a site on the coast of Louisiana, was shutting down, said operator Phillips 66.

Further west, Royal Dutch Shell Plc was continuing normal operations at its 227,400-bpd Norco and 211,146-bpd Convent, Louisiana, refineries.

BP Plc, Chevron, Equinor and Murphy Oil all evacuated some offshore workers from production platforms, the companies reported. Royal Dutch Shell curtailed production at its Olympus platform and halted some offshore drilling operations,

U.S. Gulf of Mexico offshore oil production delivers about 17% of U.S. crude oil and 5% of U.S. natural gas output.

As much as 1.5 million barrels per day of oil was shut in by Hurricane Laura last month.

(Reporting by Erwin Seba and Gary McWilliams; Editing by Steve Orlofsky)

Stocks mentioned in the article
ChangeLast1st jan.
BP PLC -2.84% 232.4 Delayed Quote.-50.72%
CHEVRON CORPORATION -0.21% 71.8 Delayed Quote.-40.42%
EQUINOR ASA -1.71% 138.1 Delayed Quote.-19.80%
LONDON BRENT OIL 0.31% 41.86 Delayed Quote.-36.73%
MURPHY OIL CORPORATION 1.15% 8.81 Delayed Quote.-67.13%
PHILLIPS 66 0.42% 52.85 Delayed Quote.-52.56%
ROYAL DUTCH SHELL PLC -1.49% 11.224 Delayed Quote.-57.10%
WTI 0.00% 40.249 Delayed Quote.-35.93%
share with twitter share with LinkedIn share with facebook
All news about BP PLC
07:27pConocoPhillips sees global oil demand returning, executive says
RE
09/23NIKOLA : talks with energy firms stalled after short-seller report - WSJ
RE
09/23Energy executives say U.S. oil production has peaked -Dallas Fed survey
RE
09/23UK shares rise as PM assures jobs protection; BP weighs on oil stocks
RE
09/23Premier Oil seeks another price cut for BP North Sea deal - sources
RE
09/23Vattenfall to focus on offshore wind power projects in Europe
RE
09/23CUE ENERGY RESOURCES : - Ironbark-1 Regulatory Approvals Complete
AQ
09/23UK shares rise as PM assures jobs protection; BP weighs on oil stocks
RE
09/22BP : Competition Law In Bahrain
AQ
09/21Vitol expects tough second half as oil trading flatlines
RE
More news
Financials (USD)
Sales 2020 188 B - -
Net income 2020 -20 685 M - -
Net Debt 2020 44 545 M - -
P/E ratio 2020 -2,42x
Yield 2020 11,3%
Capitalization 46 784 M 59 544 M -
EV / Sales 2020 0,49x
EV / Sales 2021 0,39x
Nbr of Employees 67 600
Free-Float 93,2%
Chart BP PLC
Duration : Period :
BP plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BP PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 4,77 $
Last Close Price 2,32 $
Spread / Highest target 198%
Spread / Average Target 105%
Spread / Lowest Target 20,9%
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-49.28%61 424
RELIANCE INDUSTRIES LTD48.74%192 532
EXXON MOBIL CORPORATION-50.72%145 409
CHINA PETROLEUM & CHEMICAL CORPORATION-34.12%65 411
NESTE OYJ55.19%43 182
PTT-26.14%30 318