Being a share price performance laggard among peers, integrated energy giant BP recently came out fighting despite posting lower annual profits. But will its moves work?
The appointment of a man regarded by many as the chief architect of his predecessor s muddled strategy appears as unimpressive as BP s recent share price performance.
Investors are getting impatient with BP over the lack of updates in appointing a successor following Bernard Looney s exit. Things may not change well into 2024.