Thu, 08 Feb 2024 15:33:31 GMT
British Petroleum breaks pattern
2023 was a year of declines for oil stocks, as prices plummeted at the end of the year. However, since November the prices have recovered and, despite lower earnings, oil companies have increased their dividends and share buy backs. Namely, investors get more value.
Despite British Petroleum annual profit halving in 2023 to $13.8 billion, the company has revealed