BP (BP) Stock

BP is advancing its Cypre gas project in Trinidad, targeting a 2025 launch to address declining production and enhance energy security.

BP shares are undervalued, presenting an attractive risk profile, especially for dividend investors. The energy firm remained, despite a Q/Q drop in liquid price realizations, highly profitable. BP's stock buybacks are a key reason for my bullish view of the company. Buybacks especially make sense when the share price has declined, which is the case for BP.

BP p.l.c. is undervalued with a low enterprise value to EBITDA multiple of 3.1, offering a high dividend yield of 6.2%. The new $7 billion gas project in Indonesia, featuring carbon capture technology, highlights BP's strategic investments in both traditional and innovative energy assets. Despite higher debt levels, BP's net debt to EBITDA ratio is very manageable at 0.6, ensuring financial stability.

ESG as a theme is probably a fad, yet some aspects of it are useful as risk assessment tools. A big risk for oil and gas stocks is methane emissions, and until now, it has not been easy to assess this. The Oil & Gas Methane Partnership 2.0 is the United Nations Environment Programme's flagship oil and gas reporting and mitigation programme.

Oil major BP's former CEO Bernard Looney is set to chair Prometheus Hyperscale, the U.S.-based data company said on Sunday.

Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.

Over the years, the energy trade has often been considered an old-school relic.

BP approves a $7B investment in Indonesia's Tangguh project, featuring its first-ever carbon capture, utilization, and storage technology while aligning energy expansion with sustainability goals.

BP and partners said they would invest $7 billion in a carbon capture project and gas field development in Indonesia's easternmost Papua region that could unlock 3 trillion cubic feet of additional gas resources.