BP's Next Chairman Could Trigger Wider Changes -- Market Talk
Dow Jones
Apr 04, 2025
1109 GMT - It remains to be seen whether BP's next chairman will lead to a wider shake up at the British oil major, RBC Capital Markets analysts Biraj Borkhataria and Adnan Dhanani write. A wider shake-up could include management changes or changes to BP's strategy, they write. Investors won't be surprised by Helge Lund's departure given he was viewed as the chief architect of its now jettisoned low-carbon strategy, they write. Shares trade down 5.3% at 2,526 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
April 04, 2025 07:09 ET (11:09 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.