Trinidad Aims to Boost Gas Output With BP, Woodside Projects
4 Articles
4 Articles
Buying Woodside shares? Here’s the latest oil price forecast from Goldman Sachs
After opening higher this morning, Woodside Energy Group Ltd (ASX: WDS) shares have given back those gains to be right where they closed at yesterday. In late morning trade on Friday, shares in the S&P/ASX 200 Index (ASX: XJO) energy stock are swapping hands for $24.00 apiece. Perhaps not coincidentally, the Brent crude oil price is also trading at almost identical prices to 24 hours ago. At time of writing, Brent crude oil is trading for US$68.…
Down 21%, here are 3 things that could boost the BP share price
It has been a rough year for BP (LSE: BP). The BP share price is 21% lower than a year ago, while UK rival Shell has lost only 8% during the same period. Over five years, the BP share price has moved up 24%. That sounds impressive but badly lags Shell, with a share price that has more than doubled during that period. BP is itself to blame for many of its challenges, I reckon. It has spent years making questionable capital allocation choices amid…
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