BP Doesn't Appear to Have Shareholder Interests at Heart, ACCR Says -- Market Talk

Dow Jones

Feb 10

1150 GMT - BP doesn't appear to have shareholder interests at heart, the Australasian Centre for Corporate Responsibility's Nick Mazan writes. ACCR is an activist investor which is calling for BP to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders. "Axing the share buyback programme could be a sign that BP doesn't have confidence in this weaker market or its operating assets," Mazan says. The ACCR is critical of BP's capital allocation across its upstream unit. BP's upstream business has been the source of 75% of disposal losses and impairments since 2020, the ACCR says, citing its own analysis. BP's shares fall 4.2% to 457.6 pence. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 10, 2026 06:50 ET (11:50 GMT)

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2610449756"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2610449756\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2610449756?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-10 19:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610449756","market":"us","top_or_hot":-1,"title":"BP Doesn't Appear to Have Shareholder Interests at Heart, ACCR Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1150 GMT - BP doesn't appear to have shareholder interests at heart, the Australasian Centre for Corporate Responsibility's Nick Mazan writes. ACCR is an activist investor which is calling for BP to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders. \"Axing the share buyback programme could be a sign that BP doesn't have confidence in this weaker market or its operating assets,\" Mazan says. The ACCR is critical of BP's capital allocation across its upstream unit. BP's upstream business has been the source of 75% of disposal losses and impairments since 2020, the ACCR says, citing its own analysis. BP's shares fall 4.2% to 457.6 pence. (adam.whittaker@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 06:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BP Doesn't Appear to Have Shareholder Interests at Heart, ACCR Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBP Doesn't Appear to Have Shareholder Interests at Heart, ACCR Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-10 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1150 GMT - BP doesn't appear to have shareholder interests at heart, the Australasian Centre for Corporate Responsibility's Nick Mazan writes. ACCR is an activist investor which is calling for BP to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders. \"Axing the share buyback programme could be a sign that BP doesn't have confidence in this weaker market or its operating assets,\" Mazan says. The ACCR is critical of BP's capital allocation across its upstream unit. BP's upstream business has been the source of 75% of disposal losses and impairments since 2020, the ACCR says, citing its own analysis. BP's shares fall 4.2% to 457.6 pence. (adam.whittaker@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 06:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610449756","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610449756","pubTimestamp":1770724200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1150 GMT - BP doesn't appear to have shareholder interests at heart, the Australasian Centre for Corporate Responsibility's Nick Mazan writes. ACCR is an activist investor which is calling for BP to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders. \"Axing the share buyback programme could be a sign that BP doesn't have confidence in this weaker market or its operating assets,\" Mazan says. The ACCR is critical of BP's capital allocation across its upstream unit. BP's upstream business has been the source of 75% of disposal losses and impairments since 2020, the ACCR says, citing its own analysis. BP's shares fall 4.2% to 457.6 pence. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BP":"英国石油","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1829250122.USD":"高盛欧洲核心股票组合Acc","BK4201":"综合性石油与天然气企业","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","ACCR":"Access-Power & Co Inc.","BK4588":"碎股"},"translate_title":"ACCR表示，BP似乎并不把股东利益放在心上——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACCR":1.5,"BP":1.5},"content_text":"1150 GMT - BP doesn't appear to have shareholder interests at heart, the Australasian Centre for Corporate Responsibility's Nick Mazan writes. ACCR is an activist investor which is calling for BP to demonstrate that higher spending on oil-and-gas production will deliver value for shareholders. \"Axing the share buyback programme could be a sign that BP doesn't have confidence in this weaker market or its operating assets,\" Mazan says. The ACCR is critical of BP's capital allocation across its upstream unit. BP's upstream business has been the source of 75% of disposal losses and impairments since 2020, the ACCR says, citing its own analysis. BP's shares fall 4.2% to 457.6 pence. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2026 06:50 ET (11:50 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}