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    BP.   GB0007980591

BP PLC

(BP.)
  Report
Delayed London Stock Exchange  -  11:35:24 2023-01-26 am EST
484.20 GBX   +2.00%
01/25Royal Opera House Severs Ties with BP Amid Pressure from Environmental Groups
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01/25Dd : BP p.l.c.: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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01/25Royal Opera House cuts ties with long-term sponsor BP
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Oil giant BP finds new home for London headquarters

12/02/2022 | 12:10pm EST
FILE PHOTO: A BP logo is seen at a petrol station in central London

LONDON (Reuters) - British energy giant BP will move its headquarters in central London to a new location in 2024 after agreeing to lease new grounds not far from Trafalgar Square, the company said on Friday.

BP sold its 1 St. James's Square headquarter in late 2020 for 250 million pounds as part of Chief Executive Bernard Looney's cost-cutting drive. It bought the building in 2002.

The company will relocate its main London office used by Looney and his senior leadership team to the nearby 20 Carlton House Terrace, which is currently under re-development.

The new office has a surface area of around 70,000 square feet compared with the more than 100,000 sq ft office in St James's Square.

BP has also begun moving its main trading operations in London's Canary Wharf financial district from 20 Canada Square to 25 North Colonnades, the company said.

(Reporting by Ron Bousso; Editing by Arun Koyyur)

By Ron Bousso


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BP PLC 2.00% 484.2 Delayed Quote.-0.04%
BRENT OIL 1.45% 87.43 Delayed Quote.0.61%
WTI 0.83% 81.163 Delayed Quote.-0.46%
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Analyst Recommendations on BP PLC
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Financials (USD)
Sales 2022 226 B - -
Net income 2022 -8 486 M - -
Net Debt 2022 26 711 M - -
P/E ratio 2022 -13,1x
Yield 2022 3,88%
Capitalization 108 B 108 B -
EV / Sales 2022 0,60x
EV / Sales 2023 0,63x
Nbr of Employees 65 900
Free-Float 94,2%
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Technical analysis trends BP PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 5,99 $
Average target price 6,87 $
Spread / Average Target 14,7%
EPS Revisions
Managers and Directors
Bernard Looney Chief Executive Officer & Director
Murray Auchincloss Chief Financial Officer & Director
Helge Lund Chairman
Gordon Young Birrell Executive Vice President-Production & Operations
Paula Rosput Reynolds Senior Independent Director
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